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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 Apr 27, 2011 1:14pm
328 Views
Post# 18495273

Selling Today?

Selling Today?Now you're selling? Right before they certify and release project loans next month? Right before they put 36 MW into production next quarter? You're selling because a syndicate of brokers decided to give them $40 million?
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I'd understand selling if you don't believe they'll certify the MW next month or if you believe SJT 1 won't come online. Odds are both those things happen, but I understand if you have a different view of probable outcomes. But selling because the price of the stock is extremely low? How does that make sense?  
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Frankly, I'm amused by the hysteria and irrationality. It's an illustration of the age-old fact that most investors love selling at the bottom. It must feel good.  
Bullboard Posts