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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

Comment by Dartmam32on Jan 07, 2025 8:59am
119 Views
Post# 36392048

RE:mt email to CEO and his reply on how to get real value of SR

RE:mt email to CEO and his reply on how to get real value of SRI like that your thinking Mingzhu, Ideas are always good to listen to. However in this case the best plan is to do nothing for the time being. Selling the properties would get SRI nothing in return, if he could get a venture partner to do the work , that would be alright but otherwise ,just dont spend any money on them. At this time VRB is on a massive growth spurt. Nobody knows what VRB is worth at this time. As long as SRI does no more dilution it will gain in value as VRB grows. Lee should take a long nap and wake up in about 8 months. The biggest fear among potential shareholders is that Lee will do another 5 cent financing or that SRI`s percentage of VRB will get diluted over time.
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