Speculations Only

OGMIKE,

Not really I bought it back Feb 05 in .35-40 range and solsd out most between 3-4.  Then started accumulating this year between .4-.6 but that's all original profits.  Of course I've lost money other places in this market in the mean time.  The way I look at this is the company which has resources that have a known value and it's a lot easier than trying to figure out the value of a tech, biotech, financial is. I'm not trying to have big balls just feel this is the one that will make me a few million if I set it and forget it.

Take a look at this report from a very smart analyst Michalel Berry https://www.discoveryinvesting.com/uploads/Quaterra_Long_Term_Summary.pdf

Just loaded up another 3200 shares today at $13.75.  You guys should take a good look at this stock.  I think it is going to blow up in the near term.  Lots of rumors floating around about potential buyout from Big Oil as well.  Take this info for what it's worth.

Don't I get any love for my CAR purchase @ under $1? Haha...just kidding buddy!!

No...I get the props for telling you to hold half of it and not sell..

Haha, so true...sitting on a gold mine either way

Current daily production is about 100 million cubic feet per day.  They have six big wells that are coming on production, and are estitmating production to triple to 300 million cubic feet per day by the middle of 2010. 

As far as being bought out, who knows.  I can't remember exactly the situation, but CFO Al Reese did mention something about Shell making a discovery in the Gulf of Mexico pretty much next door to one of ATP's current wells.  That doesn't really tell us anything, except maybe the possibility of some sort partnership or asset sale in the future, or maybe more.