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

Bullboard Posts

Comment by buxtondudeon Jan 28, 2009 12:34pm

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Post# 15733886

RE: RE: RE: Expect NR

Unfortunately, market sentiment is so bad with energy that I am afraid that even with great results time will go by and these small players will run out of money or will have to settle selling at a fraction of what they could be worth.
Let's say that the timing of this financial crisis was about the worse case scenario for us. Also we have to keep in mind this report saying there is a oversupply of NG at the moment in N.America, this is new and comes from US shale plays so it could delay any plans for move ahead with Qc production.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario