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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
Post by ValuePumpKingon Jun 11, 2018 9:10am
96 Views
Post# 28153347

Multiple Scenarios .. has chance of blue sky , strong buy!

Multiple Scenarios .. has chance of blue sky , strong buy!Best Case Scenario - consultation period in 45 days changes government tone, allows for fracking in certain areas, companies land holdings easily worth $1.00 +

Base Case Scenario - CAQ has given the green light to boosting the quebec economy, and has even posted on there website they agree to develop the st lawerence lowland natural gas. CAQ is leading the polls and most likely to win in the fall. Stock would race back to 0.30-0.35 on those hopes.

Worst Case Scenario - Nothing material happens in Quebec..... company doesnt burn any cash , has 7-7.5 cents in net cash!! CEO TAKES ZERO SALARY! and owns 10% of the float! They also have other properties and tax losses, plus listing is valuable , so worst case 10 cents! Upside is company could do a RTO (reverse takeover) with a hot sector

Im still long here, and will add to any dip! IMHO this should not even be below 12-13 cents! Quebec is still happening in my opinion this is all politics! You Watch!




Bullboard Posts