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

Bullboard Posts

Comment by Nachoboyson Sep 05, 2017 5:47pm

104 Views

Post# 26658783

RE:RE:RE:Very tightly held!! Will jump to 20 cents quickly. BUY!

One more thing, in the latest management report, from this summer, it says they wrote down its Quebec acreage in 2014 of a value of CAD 1/share ie ca CAD 55m as they at that time deemed any exploitation of its acreage as unlikely then. But given everything going on in the last 18 months Quebec, it also says they reverse this write-down.

Thats suggests something to me at least :-)

Bullboard Posts

Invest wiser with BMO's InvestorLine Platform features