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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
Post by buxtondudeon Feb 25, 2010 4:34pm
258 Views
Post# 16821154

stateside

statesideI agree this looks like 2008 but don't forget that in 2008 it went up to $3.90 and back to .20 so I am not looking for that kind of movement this time.   Like the NR says , it is still early in the game and results are great but let's hope for less speculation but more real results that will prove viability in the Utica, then share prices will reflect the potential.  Unless CQM or others come up with stellar results after drilling, I don't expect ATI going to $4 in the short-run, even more if it's to go back to .20 afterward.
Bullboard Posts