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Home > Junior Resource Stocks > Quaterra Resources Inc
The Ubika Research Junior Resource stock watchlist

Quaterra Resources Inc (Symbol: QMM)

Company Name: Quaterra Resources Inc
HQ Location: Vancouver, Canada
Company Website: www.quaterraresources.com
Shares Outstanding 135.17 Million
Closing Price (Feb 14, 2011) $2.02
52 week (Low – High) $1.01 - $2.21
Market Cap: $273.04 Million
Average Daily Volume 107,933 shares
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The Ubika Research Resource Stock Watchlist is a feature that profiles junior mining stocks. Visitors will discover high potential Canadian mining stocks, the best gold stocks, small cap energy stocks and junior gold companies through this very popular feature.

Share Highlight / 1-Year Stock Chart

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Quaterra Resources Inc

Business Overview

Quaterra Resources Inc (AMEX: QMM) (TSX VENTURE: QTA)(CVE: QTA) is a junior exploration company focused on making significant mineral discoveries in North America. The company uses in-house expertise and its extensive network of consultants, prospectors and industry contacts to identify, acquire and evaluate prospects in mining-friendly jurisdictions with the potential to host large base metal, precious metal or uranium deposits. The company´s preference is to acquire a 100% interest in properties on reasonable terms and maintain this interest through initial evaluation. + More info

What is interesting about Quaterra Resources Inc (QMM)?

  • Numerous high potential exploration projects: Copper projects in US and gold & silver in Mexico in mining friendly jurisdictions
  • Well established relationships with mining majors
  • Well regarded management team.  Top management came from Western Silver
  • Thomas Patton: President/CEO of Quaterra (formerly President/COO Western Silver), Thomas Turner: Senior Geologist (Manager Mexican Exploration, Western Silver)
  • Western Silver was a successful company bought by Glamis Gold which in turn merged with Goldcorp.  Western Silver acquired, explored and delineated the Peñasquito gold and silver deposit in Zacatecas state, Mexico.  Peñasquito is now Goldcorp’s flagship mine with a proven and probable reserve of 17.4 million oz. of gold and 1,045.7 million oz. of silver
  • Company has a portfolio of copper, gold, silver, molybdenum and uranium  projects with multiple opportunities to enhance shareholder value
  • We have listed some of the interesting projects of the company below
  • Strategic alliance with Goldcorp guarantees funding of US$10m for two years of work focused on finding Peñasquito type deposits on a 950 square mile prospective area with operating mines in close vicinity along 12 properties in Peñasquito trend in central Mexico
  • The Nieves property in Mexico with a recent 43-101 resource of 55 million oz of silver in an open pit configuration is an attractive target for acquisition given the size of the resource and potential
  • Portfolio of high quality exploration properties in Western US.  Consolidating district-scale land position at Yerington, Nevada
  • Exploration deals on three properties in Utah, Arizona and Texas with copper giant Freeport McMoRan Exploration Corporation for total funding of US$13m
  • The Southwest Tintic property that Freeport McMoRan is drilling to earn a 70% ownership is a possible large copper porphyry resource
  • The Yerington copper district and its MacArthur oxide copper resource in Nevada is a potential world class copper project
  • The Herbert Glacier gold prospect with joint venture partner Grande Portage Resources Ltd (TSX VENTURE: GPG)  in Alaska is also showing some interesting prospects

Risks

Junior Resource companies’ value creation potential is a function of the success of future exploration programs, for which there is no certainty, and continued strength in commodity prices.

Quaterra Resources Inc. News

Ubika Research Disclosure

Ubika Corporation, its affiliates or its divisions including smallcappower.com are not registered with any financial or securities regulatory authority, and do not provide nor claims to provide investment advice or recommendations to readers of this report. The information in this report is designed to present the opinion of Ubika’s analysts and what they believe to be the objective prospects of the highlighted company.

Copyright

The content on this site may not be reproduced in whole or in part, or further distributed or published or referred to in any manner whatsoever, nor may the information, opinions or conclusions contained in it be referred to without in each case the prior express written consent of Ubika Research, a division of Ubika Corporation.

Disclaimer

Ubika Corporation, its affiliates or its divisions including smallcappower.com are not registered with any financial or securities regulatory authority, and do not provide nor claims to provide investment advice or recommendations to readers of this report. The information in this report is designed to present the opinion of Ubika’s analysts and what they believe to be the objective prospects of the highlighted company.

Quaterra Resources Inc. may enter into a commercial relationship with Ubika Corporation, Investor Cubed or our affiliates for research coverage and capital market services and may pay fees and or shares or stock options or warrants for being mentioned at smallcappower.com. Hence the highlighted company information is an advertisement only and does not and will not constitute an offer to buy or sell securities in the highlighted company.

Was any fee (either in Cash or in Stocks/Options) paid by the company to smallcappower.com or its principal’s Ubika Corporation and/OR Investor Cubed Inc for providing services No
   
Common Stock/Options Ownership in Quaterra Resources Inc.  
Analyst(s) No
Analyst’s family members No
Analyst’s firm, their affiliates and/or subsidiaries No
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