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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
Comment by buylow4on Mar 12, 2010 9:20am
278 Views
Post# 16874878

RE: RE: RE: Great day

RE: RE: RE: Great dayBoston...

- Keep in mind that it's the Inst.'s that hold the majority of the warrants, not the retail investors

- I can't imagine these guys buying into the hype over the last couple of weeks and exercizing their warrants.
 
- An extension of the expiry date would provide the warrant holders the ability to maintain control of the warrants, without having to dish out the cash right now to excersize them.  Especially since the SP is currently trading sub strike price.
 
I'm not saying it's going to happen......but I'm getting this funny feeling that it will.....especially with the way this stock has been trading lately.

BL4
Bullboard Posts

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