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Nevada Geothermal Power Inc V.NGP



TSXV:NGP - Post by User

Comment by bluelaser1on Jan 18, 2013 9:06pm
486 Views
Post# 20859766

RE: RE: RE: EIG Global Energy Partners Agreement (

RE: RE: RE: EIG Global Energy Partners Agreement (

Thanks OneEye for mentioning a point that could be confusing.to many.  I think we can all agree that the failure and loss of the BM project was a really unexpected and disheartening thing, and it's understandable that many investors, such as yourself, are discouraged. Lots of people lost money (including myself). For quite awhile I thought that this company was just going to go broke and I all but forgot about it. I was happily surprised to see the news release of Jan 16th suggesting that NGP will in fact survive.  Compared to bankruptcy it's a distinct improvement. They already have assets (property and a joint venture) and projects in hand, so they don't really need to find new ones, but who knows what opportunities might arise. They've lived to fight another day and proven that they aren't quitters. You ask who's going to hand them any new money? Someone who thinks that they can make more money through them, of course! Common experience says it happens all the time. IMHO once survival is likely, the direction from near zero is up. I'm willing to buy a few shares to find out if I'm right!

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