Altai Resources Inc V.ATI

Alternate Symbol(s): ARSEF

Energy Oil & Gas E&P

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

Altai Resources Inc

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Post by chumpismeon Aug 08, 2008 1:38pm

186 Views

Post# 15369483

no volume means nothing has changed

Rarely did I see a stock coming down like this without some kind of bad announcement, of course once professionnals got out so the retail investors get stuck with whatever is left
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Pull up a chart of Ati with volume. The volume is key, all the institutions/pros whatever haven't sold any and they won't, they know whats in the pipe, its the small pump and dump houses that Vancouver is famous for that screw around with stock price, no volume means nothing has changed.

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