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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (4168)10/14/2001 11:56:21 AM
From: Al Collard  Respond to of 11802
 
Hi Red,

Your in with QTA-v @$.22 for 45,454 shares.

Chart for Quaterra Resources Inc:

askresearch.com

From the chart we can see a stock that is trading at or above all it's major MA's with above average trading volume for the last 2 months. The stock has good support @$.19 it's 50MA and no real resistance above.

Good luck with this pick,
Al



To: Rocket Red who wrote (4168)10/18/2001 6:54:17 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Red, news out on QTA-v:

Quaterra arranges $198,000 financing

Quaterra Resources Inc QTA
Shares issued 22,761,313 Oct 18 close $0.24

Thu 18 Oct 2001 News Release

Mr. Thomas Patton reports

Quaterra Resources has arranged a brokered private placement of 1.1 million
units at a price of 18 cents per share for total proceeds of $198,000. Each
unit will comprise one common share and one-half of one warrant, with each
whole warrant exercisable into one common share at 25 cents in the first
year and at 30 cents in the second year. The company has agreed to pay a
commission of $15,000 and will also issue 200,000 agent's warrants
exercisable at 25 cents for one year. The proceeds of the financing will be
used to finance the company's exploration activities in southeast Alaska.