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Altima Energy Inc V.ARH

Alternate Symbol(s):  ARSLF

Altima Energy Inc., formerly Altima Resources Ltd., is a Canada-based junior energy company. The Company is engaged in exploring and developing oil and natural gas assets in Western Canada. The Company focuses on acquiring undervalued oil and gas assets. It is focused on developing and exploring in regions, such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta. Its assets are located in both Central Alberta and Northwest Alberta and provides a balanced mix of light oil and sweet natural gas. The Central Alberta site focuses on light oil extraction and covers an area of approximately 5,920.5 acres. Its Northwest Alberta site focuses on sweet natural gas and covers an area of approximately 3,840 acres. It also owns an additional area of approximately 800 acres.


TSXV:ARH - Post by User

Bullboard Posts
Comment by kenbull1on Aug 03, 2009 3:27pm
219 Views
Post# 16187106

RE: RE: Anybody

RE: RE: AnybodyThe real question should be: the note was due 7/31/09, did they pay it? If not this thing is done, if they did I would expect a NR on Tuesday. Either way the FACTS are they have no evidence(one operating well) that they are sitting on anything, a commodity price that will be static due to saturation of supply and a real problem generating any capital as the leadership of this company have absolutely torched the good faith that you need to generate speculative investment. If you like  movies think of the movie Scarface, Altima is Tony Montana and we are just at the part where he is standing on the balcony, fighting off the hired guns. The World Is Yours.
Bullboard Posts