Quaterra Resources: Nieves

“When you’re cry’n you should be buy’n” Dennis Gartman

I have written on Quaterra for several years now and still hold my entire position. This past week (Monday after market close) Quaterra put out drill results on its 50% owned Nieves silver property in western Zacatecas, Mexico. I received several emails requesting my opinion on the release. I must say I was very pleased with Quaterra’s drill results. Here’s how I see the situation (I have not spoken with QMM management on this yet). Today silver seems headed for $40 per ounce trading at $39.56 as I write.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]