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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 05, 2010 2:31am
418 Views
Post# 17161079

RE: RE: RE: Questions answered

RE: RE: RE: Questions answeredElucidate in plain english? Ok. Let me allow someone who knows more about this than all of us to elucidate: "if it was not for their help in the take out of the Ionic Loan it is unlikely Altima would have survived." "Their" refers to those "largest shareholders" of Altima who have "participated in all of the recent private placements". When it comes to this and there are no economic theories Keynesian or otherwise that suggest a change in the market, the future can be best described as static. Again, this is just my opinion.

Now let me add some "lyrics" to the tune: no one else would touch them. There was no one willing to take into consideration the $24,085,537 in property value that has been cited by other posters. You have the gaul to ask me to elucidate after reading comments like that. The "proof is in the pudding" as someone much smarter than myself once stated. Read my previous posts if you want to comment on the meaning of my posts. To be even more clear, the previous jockys of this horse are no longer in the saddle. To cite the spirit of someone much funnier than myself they are "former jockys".

Now that you have a better idea of what I am talking about I will attempt to enlighten you on what others are suggesting that might add to the fabric of this tapestry, some of these folks are the same folks that went down with a horse called Odyessy and they are wondering if the final destination of this nag is a place called Elmer's. In my opinion this is NOT good for the future.

Now, nincompoops notwithstanding, is that clear enough for you?

By the way, kudos to seeingeye for putting the questions to Altima in such an elucidative manner and getting a response. I am also on record with regard to Mr Devries most forthright response.
Bullboard Posts