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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

Post by mingzhuon May 06, 2024 2:30pm
272 Views
Post# 36025453

calculation of Bruell intrinsic value

calculation of Bruell intrinsic value
Here is my calculation of Bruell intrinsic value based on Lee Barker's  info
 
25% $1.8m with 4 year adjustment of 16.5% CPI since 2019(according to OpenAI calculation)=$2.088m
 
$2.5m for 1% NSR , with 2%= $5m
 
in case of no cost living adjustment for NSR: 2.088+5m= $7.088m
 
If it has, 5m*16.5% CPI+5m=5.825 + 2.088=7.9133m
 
SRI market cap Mis 6.54M at present. Brucell intrinsic value alone is worth more than the whole company.
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