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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 Jun 02, 2010 12:04am
350 Views
Post# 17149124

RE: RE: RE: RE: So

RE: RE: RE: RE: SoI think you have every reason to be scared. There is one producing well, an unfinished road to no-where and a debt that was just refinanced at 12% payable monthly. The private placement bridge has been blown up, natural gas shows no sign of going anywhere, ARH has no money and a tonne of debt. The take over talk is wishful thinking. Creditors don't "take-over" they absorb. Not one shred of evidence this is going any other way unless you listen to the fella on the internet radio station.

I have only expired warrants left after getting scammed in the last PP and I can't imagine why I would ever buy here again. Beege, i'll save you asking: so why comment? The same reason why I started commenting on this company over a year ago: they are the finest example of what has been going on over at Howe St. for too long. No transperancy and no merit, just "pump and dump", is that the best we can ask for? Is that the pinnacle of business management today. Are we all done? It will continue unabated of course, I just think that if it is going to be like this then the BCLC should be providing the licence.
Bullboard Posts