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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

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Post by SimmsandKings on Dec 17, 2024 10:53am

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.
Comment by SimmsandKings on Dec 17, 2024 12:08pm
Notwithstanding, VRB is a $multi-billion business if successful.
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