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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 redwoodjoleon Jan 11, 2011 2:55pm
447 Views
Post# 17955355

RE: When will this move up ????????????

RE: When will this move up ????????????ATI is merely a landlord in the Utica...they have no JV's/farm ins and no resources nor intention to do any work on their own...they're merely waiting for other companies in the fairway to do the work, So any fortune ATI reaps will depend totally on what the working companies in the Utica do.
red
Bullboard Posts