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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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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 eaqlefreshairon Sep 04, 2008 9:00am
325 Views
Post# 15430111

Should QEC/ATI be SHORTED?

Should QEC/ATI be SHORTED?
Based on that BNN-TV T BOONE PICKENS FORMULA that QEC in the St. Lawrence Lowlands  would be worth $635,544.40/sh on Shale Gas land worth $350.00 PER ACRE. (did I get that correct).? Therefore with a successful St. Lawrence Lowland with the ACRES valued at $475,000 per acre like the price of some SHALE NATURAL GAS land in the USA,  one would think with luck QEC would hit 10 x $635.40/sh =  $64,455.00/sh. (correct)

MY QUESTION IS: WHAT IF ALL THAT HOT NATURAL GAS (& oil) PROPERTY QEC OWNS  out in ALBERTA & SASKATCHEWAN ALSO BECOME WORTH $350,000/acre -----do we tack that on to the ST LAWRENCE BASIN VALUE (i.e.) $640.00/sh (+) $_____/sh = $_____/sh.

NOTE: *******Make no wonder a Energy Pro on BNN-TV (from Sprott)  a few months ago said "QEC REMINDED HIM OF  CNQ" (at the time I looked up the value of CNQ:tsx,  they were $106,500.00/sh). 

I will SHORT QEC/ATI based on this BNN information.

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