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 frenchie5on Feb 26, 2010 12:01am

292 Views

Post# 16822205

ERICK77

Thank you Erick77 for correcting my wrong evaluation of ATI today . I didn't know that QEC had only 35% interest in their 1 million acres property . Well now i guess you're right.... we are worth 18 dollars per shares ! But to tell you the truth if somebody offers me 10 bucks a share for my shares ... I'm out of here for good and on my way to Cancun Mexico ! Good luck to all longs . Cheers.

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