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.

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Altai Resources Inc > Quebec compensation.

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Post by rarihokwatson Nov 16, 2021 1:29pm

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Post# 34132699

Quebec compensation.

Hope we get a nice compensation from Quebec govt for all money wd have spent. That's around 25 million. Outstanding capital around 57 million. Hope to be fully refunded but my guess is they will pay maybe half. But you never know. Need a fair deal. What are your thoughts fellow investors??

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