67 WALL STREET, New York - April 15, 2013 - The Wall Street Transcript has just published its Metals and Mining Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Precious Metals, Global Iron Ore Production, Emerging Market Infrastructure Construction, Midcap and Small-Cap Consolidation Activity
Companies include: Quaterra Resources Inc. (QMM) and many more.
In the following excerpt from the Metals and Mining Report, the President, CEO and Director of Quaterra Resources Inc. (QMM) discusses company strategy and the outlook for this vital industry:
TWST: If Quaterra has an inflection point in the future, three to five years from now, whatever you think it might be, describe what you might want the company to look like at that time.
Dr. Patton: I think our first inflection point really is going to be putting the money in the bank that will allow us to get the work done. And if it goes as I see it, say two years from now we'll have a prefeasibility study completed on MacArthur, demonstrating that it's going to be a low-cost, long-life oxide copper producer. And we will have a large resource delineated at the Bear deposit, and we will have in excess of 20 billion pounds of copper in the Yerington district that we own 100%. I think at that point, our options will either be to go small and start out with our oxide operation at MacArthur and work up from there, or if the resource is sufficiently attractive to a major company there could be a big deal or some kind of an acquisition involving the Yerington district.
I think it's important to note at this point that Yerington is the only major copper district in the United States that does not have a major copper player involved right now. There are three junior companies down there, and we're one of them. The district has over 20 billion pounds of copper already and I think it could easily be a 50 billion-pound district. With resource nationalism and hopefully rising copper prices, I think that's going to...
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