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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 greenandgoldon Mar 24, 2011 6:51pm
239 Views
Post# 18337381

Stealth Investor Rec

Stealth Investor RecJohn Pugsley of the very successful (and expensive) Stealth Investor newsletter also recommends Ram publicly (google to read interview). Quick paraphrase:

1) Geothermal cheap, Ram cheapest

2) About to put in a buy another buy order for Ram because "fundamentals are there and the company's going to do fine. It's a great buy at the price it's at right now, based upon what I know is happening down there and the people that are involved."

Other Pugsley ideas: still likes uranium, good value there but take your time getting back in; mentioned Rockgate Capital as a uranium idea; in the oil/gas sector owns Canadian Phoenix Resources and Novus Energy (both Casey Research picks); holding Altius Minerals at $13, thinks it could easily be a $20 or $30 stock.

But all of that is secondary: "Basically we're looking at geothermal in the portfolio right now."

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