Sparton Resources Inc V.SRI

Alternate Symbol(s): SPNRF

Metals & Mining Gold

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.

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Sparton Resources Inc > Dilution

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Post by SimmsandKingson Dec 17, 2024 10:53am

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Post# 36366211

Dilution

I am not advocating for dilution but I would point out that a value of $300m for VRB even after 100% dilution would still give a value of 12 cents or, over 4 times today's price. And that's with no added value fron SRI.

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