RE: From Rick Rule's Market CommentaryI listened to the Rick Rule presentation as well. I am becoming more and more interested in geothermal as the share prices of those few companies in the space plummet. Although he didn't name any companies specifically, I believe that Rick Rule was talking about Ram Power when he mentioned that one company trades for 1/5 of its book value. I've been in and out of Ram Power, and it just seems to continue its downward assent. I'm taking a good look at Alterra and Nevada Geothermal as well. I would like to follow Rick Rule's lead here in geothermal, its just going to take more homework.
Respecting the fact that this is the Altius board, I am adding to my position at these levels, and I believe that Altius is a great buy. I also like the fact that they are buying back their own shares. Smart management.