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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 oilandgas111on Apr 27, 2011 12:57pm
287 Views
Post# 18495166

RE: RE: RE: What Cost Overruns?

RE: RE: RE: What Cost Overruns?But the only difference Greenandgold is u did not bought at 0.7$ but u bought at 1.4-1.8$ if my memory is fined.
So you were dead wrong when u were trying to convince people that at 1.4-1.8$ they were making a good investment. Those people are booking now a 60% lost in just few months.
Hopefully I did not believed all those B***t and made my own judgement.
It is like cosmicac who was pumping the stock as a 20$ target for next year just few months ago when we were at 2.4$. I was telling him he was dead wrong 5 times EBITDA is the reality first and Geothermal is a very tough business  and he has to take into account some dilution on the way. He was laughing at me and was always speaking about its 10 times EBITDA and 20$ target for next year with a beautiful a perfect demonstration....
I think now all people on this board are not believing in what both of you are telling.
A fact is we are more than doubling the number of shares straight away
We will have other cost overruns at Orita. That is for sure with all the dilution and vicious cycle that comes with. I bet u what u what that in a few month times u will have to make that fundraising for Orita at 0.2-0.3$ and gain doubling the number of shares.
So cosmic and Grennandgold u were dead wrong in the past as u are now. Mineminister explain it even better than me is is 100% right.
Nobody believe in ur B****t  anymore.
I am selling now with a 10% lost. I hope I can sell all my stock over the next 2 days without depressing the price. U can buy my stocks straight away and live in the wonderful land of cosmicac and greenandgold.
Ciao amigos 
I am leaving this board.
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