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Re: futrcash post# 48

Wednesday, 03/24/2021 8:42:27 PM

Wednesday, March 24, 2021 8:42:27 PM

Post# of 52
Oh okay - I now (almost) see what I have been missing..... *Naturally, given that I typically buy first and ask questions later....where in this case I'm still kinda scratching my head....

So, VanadiumCorp Resources Inc. is NOT Spartons 10% partner - VRB Energy

VRB Energy I guess is a privately held "division"? of High Power Exploration Inc. (HPX) which is a subsidiary of I-Pulse

LONDON, UNITED KINGDOM – Robert Friedland, Founder, Chairman and Chief Executive Officer of High Power Exploration Inc. (“HPX” or the “Company”), and Eric Finlayson, President of HPX, announced today that the Company has closed the second and final tranche of a US$200 million equity financing of convertible preferred shares. The subscribers included several new institutional investors from the United States and Canada.

So does Spartan own a portion of High Power Exploration Inc. ?.....Or of their Privately held Co. VRB Energy ?....Pretty sure it's the latter.

I dunno.....LoL - Guess I'll just hope for the knowing that their partner hasn't been halted for failing to file.

And also knowing that their market cap's currently just 13.7M CDN

HAD actually been HOPING that their partner WAS halted......and that a re-opening would send SRI's sp higher

On the contrary though, everything's "factored in".....THIS is the companys' share price performance WITH everything "factored in" !
Doesn't appear to bode all too well.......especially given the state of the broader mkts.