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Bullboard - Stock Discussion Forum 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... see more

TSXV:SRI - Post Discussion

Sparton Resources Inc > Ask yourself this.......
View:
Post by IcarusTrust on Mar 22, 2021 9:07pm

Ask yourself this.......

With the biggest contract of its kind in China, What value would you place on VRB Energy?
The fact that in the agreement with the Chinese government a research and development centre that will benefit VRB Energy for years to come is included, once again, what price do you put on VRB Energy?
 

Warren Buffett says; ask yourself what value do you put in the enterprise, and what would you sell it for?

To me this company is worth between 500 million to 1.5 billion $

Our market cap is around 15 million right now, multiply that by 10 times and you're at 150 million. To me this is a no-brainer

Comment by LittleAna on Mar 23, 2021 6:49am
Sounds like common sense to me!
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