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 buxtondudeon Jan 21, 2009 9:02pm

321 Views

Post# 15719886

If you want news, watch CNN

Shale play stock aren't going to post news every other day to please amateurs investors. With ng price going to $3 soon there is no good news no matter how you put it out. Seems like the shale plays in the states are producing so much ng that there is a oversupply and there is no rush for new discovery so we can kiss our QC investment goodby for now. I just hope they can preserve cash long enought to survive this period.

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