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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
Comment by buxtondudeon Oct 30, 2008 6:48am
157 Views
Post# 15555245

RE: RE: RE: RE: RE: We are dead meat!

RE: RE: RE: RE: RE: We are dead meat!You tell me that that ATI is going back to it''s high by the end of 2009 and I would sit and shut-up, but ATI is now .27 I really don't see that happening.  Even with great results investors might decide to put their money in TLM or FST , don't forget that they need to drill lots of well to start producing interesting amount of NG if there is as much NG as everyone hope. Drilling cost money and in this environment  majors will procede prudently , meanwhile ATI will survive but never get anywhere.  There is no need for any major to sign a deal with ATI, one thing that could happen is they get bought for 50 millions ( around $1 a share ) which is a long way from the $4.  I have started to get some CDH instead, they are already producing , generating some revenues and income and they have lots of cash.
Still kicking myself for getting influence by stockhouse posts. And yes the fact that ATI hires stateside for marketing just shows that we are dealing with amateurs. 
Bullboard Posts