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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is engaged in the acquisition, development and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in Dominican Republic, a six MW run-of-river hydroelectric facility in Ecuador and a 10 MW solar plant in Panama. Through its subsidiary, Emerald Solar Energy SRL, it operates the Canoa I Solar Park located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers from the city of Leon. Its Vista Hermosa Solar Parks are located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. Through its subsidiary Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Post by MiningMonsteron Dec 11, 2010 7:39pm
470 Views
Post# 17834393

Another high probability buy opp in RPG

Another high probability buy opp in RPGLets forget the upcoming catalysts for a sec and focus on the paper...

You have paper from all the way back in October 09 hitting the market now.  This is the first year these holders have needed tax losses to offset capital gains and almost every holder of RPG from then until now qualifies for this category!

However, we have seen significant tax loss selling already, plus we are one week away from holiday shut down mode, this is the exact time you want to be a buyer, just as the selling pressure dries up and the stock price is seeing very attractive levels. Dont forget, this is a financially stable grower with many reputable players involved. 

As in the past, we could see significant near term appreciation in RPG as we see a correction of the tax driven selling.

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