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

Bullboard Posts

Post by SchiffKnowsBeston Nov 06, 2017 5:22pm

224 Views

Post# 26914469

Smart Money Buying

Again I reference the following news release that took place 2 days after SRI acquired the 18% interest in JD Holding. Either they are dumb is settling debt for an average of 20 cents/share or this is going higher. Don't let the headfake fool you into selling your shares.

Sparton Resources 4,005,700 shares for debt

2017-07-26 16:29 ET - Shares for Debt

The TSX Venture Exchange has accepted for filing the company's proposal to issue 4,005,700 shares to settle outstanding debt for $740,893.

Number of creditors: five creditors

Insiders: Lee Barker, $357,000 (1.2 million 30-cent shares); Winfield Yongbiao Ding, $150,456 (1.07 million 16-cent shares); Charles Qiming Ge, $55,000 (550,000 10-cent shares)

House Positions for C:SRI from 20171106 to 20171106

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
59 PI	500,000	42,500	0.085	0			500,000	-42,500
9 BMO Nesbitt	527,800	46,082	0.087	105,000	9,060	0.086	422,800	-37,022
80 National Bank	385,000	32,745	0.085	35,000	3,150	0.09	350,000	-29,595
76 Industrial Alliance	50,000	4,455	0.089	0			50,000	-4,455
14 ITG	50,000	4,250	0.085	0			50,000	-4,250
83 Mackie	20,000	1,700	0.085	0			20,000	-1,700
33 Canaccord	15,000	1,275	0.085	0			15,000	-1,275
58 Qtrade	10,000	850	0.085	0			10,000	-850
99 Jitney	280,000	24,090	0.086	270,000	23,630	0.088	10,000	-460
36 Latimer	4,770	397	0.083	2,185	186	0.085	2,585	-211
57 Interactive	1,000	80	0.08	0			1,000	-80
13 Instinet	100,000	8,600	0.086	100,000	8,780	0.088	0	180
88 Credential	0			14,000	1,190	0.085	-14,000	1,190
39 Merrill Lynch	0			16,000	1,360	0.085	-16,000	1,360
19 Desjardins	70,000	6,200	0.089	94,000	8,075	0.086	-24,000	1,875
79 CIBC	347,000	30,180	0.087	403,000	34,280	0.085	-56,000	4,100
124 Questrade	0			66,000	5,660	0.086	-66,000	5,660
2 RBC	14,150	1,167	0.082	97,850	8,623	0.088	-83,700	7,456
143 Pershing	24,000	2,160	0.09	174,000	14,790	0.085	-150,000	12,630
1 Anonymous	339,000	28,940	0.085	587,000	50,820	0.087	-248,000	21,880
7 TD Sec	1,010,427	85,703	0.085	1,282,070	108,399	0.085	-271,643	22,696
85 Scotia	148,128	13,192	0.089	650,170	56,563	0.087	-502,042	43,371
TOTAL	3,896,275	334,566	0.086	3,896,275	334,566	0.086	0	0