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Altai Resources Inc V.ATI

Alternate Symbol(s):  ARSEF

Altai Resources Inc. is a Canada-based resource company with a producing oil property in Alberta and an exploration gold property in Quebec. The Company has approximately 50% net working interest in an oil producing property in southern Alberta and 50% net working interest in a gold property in the Malartic Township, Quebec, which is at an early stage of development. The Company's properties are located in Canada. The Company has 50% working interest in approximately 240 acres of Alberta Crown leases in the Cessford area of southern Alberta. The 50%-owned Malartic gold property (named Blackcliff gold property by joint-venture partner and operator, Globex Mining Enterprises Inc.) consists of six map designated claims (CDC) totaling approximately 127.6 hectares (315 acres) in the Malartic Township, Val d’Or area, Quebec, approximately five kilometers (km) north-east of the town of Malartic and the Canadian Malartic mine which is Canada's largest gold mine.


TSXV:ATI - Post by User

Bullboard Posts
Post by laser17on Apr 02, 2008 5:44pm
122 Views
Post# 14932281

Gap up tomorrow or not?

Gap up tomorrow or not?

A strong close doesn't necessarily guarantee a good open the next morning, but this one looks pretty good.

It has already had a major correction down from $0.60 to $0.30 this morning, plus a few other minor ones along the way up to $0.70.  How much more retracement, if any, needs to be done?

Am I too optimistic in thinking it will break $1.00 tomorrow?  Maybe not necessarily stay above it, but at least surpass it once.

Bullboard Posts