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Sparton Resources Inc V.SRI

Alternate Symbol(s):  SPNRF

Energy
Sparton Resources Inc. is a Canada-based mineral exploration company. The Company is focused on exploring gold projects near producing mines on or near the major gold producing trends in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. The Bruell Property, which hosts a new gold discovery. The Oakes and Pense Properties, near Matachewan and Englehart, in Ontario, are in close proximity to Alamos Gold’s producing Young Davidson Mine and the Kirkland Lake gold producing area. The Bruell Property is located in Vauquelin Township, Quebec. The Oakes Gold Property is located in the Matachewan gold mining area of northern Ontario. The Company controls about 32 mining claims and three mining leases in the Matachewan Gold Area. The Pense Property is located in Pense Township, Ontario. The claims are located near the Quebec provincial border, approximately 25 kilometers east of Englehart, Ontario, in the Larder Lake Mining Division.


TSXV:SRI - Post by User

Sparton Resources Inc
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(6)
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Comment by christoon Jan 01, 2010 1:20pm
459 Views
Post# 16631237

RE: Spin offs?

RE: Spin offs?  I think that spin-offs are inevitable as the market likes simplicity, and Sparton just has too many diverse projects that need dedicated attention...

  Sparton Energy--uranium technology and Chebacto...this would also pay off Quam with percentage of public company.

Sparton Prescious Metals--Nevada properties,silver JV with International Northair,Luxi interest(do they still have an interset in Luxi?)

Sparton Germanium/Rare Earth Metals--chinese germanium mine,yttrium interests(Canada and Mongolia)

Sparton West Hammond...-this IMO is the most exciting potential company maker...see Brett Resources

These could all easily trade at today's closing-that is 20 cents each.

Spartons biggest liability(and greatest asset) is Mr.Barker ,as it is perceived by many that he IS the company,and may we all wish him continued good health and dedication so that he can make us a pile of money in this new decade...the 2000's were buiding company time,and the 2010's should be the build shareholder value time.Good luck to all and Happy New year .
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities