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

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Comment by Nachoboyson Oct 18, 2017 2:18pm

154 Views

Post# 26827539

RE:Target Price $1.00 early 2018

Its TCF, T as in Trillions

Questerre has assesed 5-6 TCFs net for its accreage, so I dont see any reason why we should be meanfully lower than that.

They trade at around 1200 bucks/acre today - approx 200m of allocated market cap, while cash position and Montney make up for the rest (Montney has low production, so much cash will be used there....). While we, Altai, trade 44 bucks/share - 6m cash plus other interests and 7,5m allocated market cap on the accreage.

SO:

Queterre 1200 bucks/acre
Altai 44/acre

Thats like 1/30, and here you have 0 costa and perfect object for partnership.

this is going nowhere but up as conference and regs approach. So under !'n

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