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Bullboard - Stock Discussion Forum Altai Resources Inc V.ATI

Alternate Symbol(s):  ARSEF

Altai Resources Inc. is a Canada-based natural resource exploration and development company. The Company has a portfolio of natural gas, oil, and gold properties in Canada. It has two natural resource properties, all in Canada. Two of the properties, both in Quebec, are in the exploration stage. The Company has approximately a 45% net working interest in an oil-producing property in southern... see more

TSXV:ATI - Post Discussion

Altai Resources Inc > Utica lawsuit
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Post by rarihokwats on Sep 29, 2021 1:32pm

Utica lawsuit

UTICA lawsuit: Utica is seeking an unspecified amount of financial compensation from the government, which it says should include the amount invested on exploration as well as unrealized gains from commercial oil and gas production. Estimates of potential rewards range from approximately $500 million to $3 billion or more for license cancellation only if potential lost revenue is also included.
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