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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 oilandgas111on Aug 05, 2011 4:28pm
169 Views
Post# 18910113

Another historical low

Another historical lowAnother historical low today on huge volume (half million).
As many person said on the board we should be out of cash in 2 to 3 weeks.
During that time if we RPG dont get its financing there is 3 possibilities :
1) Fundraising at 0.2$
2) Buy out by Altera power at 0.3$ (they have enough cash to develop RPG asset and a lot better management)
3) Bankruptcy
No wonder why RPG is making historical low everyday on huge volume. It is still not too late to leave this pig. Better selling at 0.4$ than 0.2$
Best
Julien
PS : Cosmic. U are always pumping this share since RPG at 4$. Is ur money is where ur mouth is ? If yes how many shares u have at what price ? How much of % of ur portfolio?
Are u paid by the management to pump this shares up ?
Bullboard Posts