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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
Comment by xxtscon Aug 20, 2016 2:55am
142 Views
Post# 25160731

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Note

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Note
At first glance a bad deal, but the investors give money and determine ...
Wait until the VRB company is re-launched.
 
 
See the Vanspar- website:
 
• VRB benefits from Prudent's US $ 70 million investment in battery
development Including 20 MWh installed at over 50 sites; 800,000 hrs of
reliability testing; and a robust IP portfolio of over 60 patents on cell stack
design, in-house development membrane, and electrolyte chemistry.
• With validated product, ~ $ 3.5 million in inventory, and core team inplace,
the company can be re-launched into a Rapidly expanding market.
• VanSpar is seeking a $ 7- $ 10 million round of investment.
Forward revenue of $ 200 million on 500 MWh of system sales.
• Full five-year discounted cash flow model is available for detailed review.
 
https://www.vanspar.com/download/VRB-BusinessOpportunity-Mar-2016.pdf
Bullboard Posts