Quaterra Resources Inc.

Quaterra Resources Inc. is a mining exploration and development company focused on advancing its key copper assets in Yerington, Nevada, a jurisdiction attractive to mining with low political risk. The company's Yerington projects have good existing infrastructure, valuable water rights, community support and significant exploration upside. The properties have the potential to be transformed into a district-scale, long-life copper mining operation. In June 2014, Quaterra, and its wholly owned subsidiary Singatse Peak Services LLC (SPS), entered into an option agreement with Freeport Nevada LLC. SPS intends to use proceeds from the agreement to explore and develop its Yerington assets.

Expert Comments:

"Who has good properties and the cash to survive this downturn? One that fits that description is Quaterra Resources Inc. It is a company that is going to weather this downturn and be a great performer when the markets turn. [Quaterra recently announced that Freeport-McMoRan Copper & Gold is investing $7.1M over the next year that will be used to explore the Bear copper project in Yerington, Nevada.] I have followed Quaterra for over a decade and been in and out and made some really nice money. In 2006, the stock rose to over $4/share. The company has restructured to become more of a copper play and it is sitting with around $4M in cash, weathering the storm. It is headed up by Tom Patton, one of the legends in the business. For a small company, Quaterra has incredible upside potential. I'm always looking for a minimum 5001,000% potential when I go into something. This could be one of those companies when the market starts heating up." read more >

Management Q&A: View From the Top
Steven Dischler
Few copper juniors hold the promise that Quaterra Resources does. Its 51 square miles in Nevada contains a past-producing mine. Its management is savvy and well seasoned. And it is backed by the strength of global player Freeport-McMoRan Nevada LLC.
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Joseph Gallucci, Dundee Capital Markets (6/16/15)
"Quaterra Resources Inc. recently announced that Freeport-McMoRan Nevada LLC has committed $7.1M toward option payments over the next 12 months. The funds will be used to further delineate the Bear deposit in Nevada, which is very positive news for Quaterra. We are reiterating our Neutral rating and our target of $0.15 per share."

Teresa Matich, Resource Investing News (6/15/15)
"Last year, Quaterra Resources Inc. inked a deal with Freeport-McMoran Nevada for an option agreement worth up to $138M for its projects in the Yerington district of Nevada. On Monday, the company announced that Freeport Nevada LLC has completed stage 1 of the agreement and has committed to moving to stage 2. That means Freeport Nevada will make option payments of $7.1M over the next 12 months as Quaterra and Singatse Peak Services LLC explore the Bear deposit in Yerington."

"Today's announcement by Quaterra Resources Inc. that Freeport-McMoRan Nevada has committed $7.1M toward option payments over the next 12 months is certainly a welcome one for Quaterra investors. I have been associated with the company for the past 15 years and participated in its private placements. Two years ago I was elected to the Board of Directors. It appears that Yerington has the potential to become a world-class mine once again. The Bear deposit, a large porphyry copper system on the Yerington property, will now be explored with Freeport's decision to move into phase two. This will be a $7.1M program over the next 12 months run by Quaterra to explore the Bear. Of course Freeport, the world's largest copper producer, can opt out at any point in the future, but it can also spend up to $138M over a period of several years to earn a 75% interest in the property. How many companies with a market cap of $13M have a direct investment of almost $10M from a major mining company with little or no dilution to shareholders?

Hats off to Quaterra's CEO Steve Dischler and to Chairman Thomas Patton for their hard work in seeing this relationship with a major mining company begin to bloom. I own shares in Quaterra and in fact have never sold a share. From the viewpoint of the city of Yerington and state of Nevada, this agreement has benefits all round. Now it's time for Quaterra management to explore the Yerington property, which could become a major world-class copper resource." read more >

Experts Following This Company

Dudley Baker, owner/editor – Common Stock Warrants
Michael Berry, Writer Disruptive Discoveries Journal
Chris Berry, Founder – House Mountain Partners LLC.
Steven Dischler, President & CEO – Quaterra Resources Inc.
Joseph Gallucci, Senior Mining Research Analyst – Dundee Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.