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I know my username is not familiar to most of you so take this for what it is worth....
There is a company named Quaterra Resources that I believe has a very favorable risk/reward ratio going forward. The management team is phenomenal, with Tom Patton leading the team. Patton discovered the Penasquito gold property with Western Silver (which is now a part of Goldcorp's --GG portfolio).
The company has many properties (over 17), of which at least 4 have a legitimate potential to be company-makers. The company is valued under $500 million right now.
If you want to perform your own due diligence on this company, check out their website or their most recent conference call. If you listen to their call, you will hear me on it discussing their Arizona Strip uranium property.
A few more things I will add....this is all public knowledge. This company trades on the Vancouver exchange and the pink sheets. Their listing on the AMEX is "imminenet", quite possible this week or next week. They plan on raising addiitonal capital in the $5-7 range. After all, resource exploration is a drain on cash and they do not have positive cash flow.
Positive cash flow is not their goal, their mission is to prove that they have valuable resources in the ground. Another big announcement will be results from their Nieves Silver property. These results should be published in the next 4-5 weeks. I think they will be positive and a catalyst for further upward movement in the stock price.
For the record, I am invested in this company for myself and on behalf of many others. My close relatives and friends have a stake in the stock as well. My entry point is considerably below where the stock is trading now but I believe we will see substantial upside still. I am not writing this to tout the company, my return on investment is already over 200% here. The company is getting coverage from many private equity firms and I wouldn't look to Covers to move a stock price.
I am doing this because I just was typing with Koaj and found on the mods work for free. I read this site everyday in the sports forums, so maybe I can start to give back in an area that I have expertise....
I will check back in if you have any questions.
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