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Sparton Resources Inc V.SRI

Alternate Symbol(s):  SPNRF

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

Bullboard Posts
Post by christoon Mar 24, 2012 12:21pm
302 Views
Post# 19713486

market cap

market cap

market cap is a measley 6.5mil.....irrational pricing in an irrationally priced market...and as we know

 

"...the market can stay irrational longer than I can stay solvent"...but,but, but...for PATIENT investors

who can wait til Sparton finally spins out some companies and gives shareholder shares in them ,this will

probably bump along at these ridiculous prices...Mr Market likes some certainty and the problem with Sparton

is that no one knows what the heck this company does...is it a uranium co,is it a germanium producer,or a

vanadium player,or a cement additive co,or an environmental co,a yttrium explorer,a drilling co.???...the

Osisko JV  ALONE is worth a multiple of the present share price!...I'm long (VERY LONG) and extremely

patient...however approching insolvency due to debacle in junior markets...GLTA ..time to buy for

speculators with a long LONG term perspective...all IMO...

 

 

Bullboard Posts