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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

Comment by greenandgoldon Apr 08, 2011 11:11am
262 Views
Post# 18404591

RE: GreenandGold

RE: GreenandGold

Oilandgas, you're now you're a shareholder at $1.06. A rather nice entry point! I've also gotten several fills yesterday and today and I'm very pleased.
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The 400 million plus in spending is right in the annual report. There's a breakdown of historical spending for all the properties they own.

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I've taken plenty of profit in my gold stocks (VGQ and Lydian mostly). My call is that it is more dangerous to be in gold stocks right now at these frothy levels than it is to be in geothermal. You invest in gold stocks in 2001, when no one's doing it, not in 2011, when it's on CNBC. Geothermal is cheap, cheap, cheap and could get cheaper. I'm fine with that.

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If they go down to .80 in a volatility move (without the fundamentals of the company changing), then I'll sell a portion of my base metal stocks, such as Altius, and double down.
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My diversification is my career and my real estate. I'm not going to nibble with my risk capital. You think Warren Buffet or the boys at Leucadia nibble? They go in big when they see deep value. And they'll wait years and years for a stock to realize its inherent value.

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