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  • pgkebis pgkebis Sep 8, 2008 10:47 AM Flag

    Re: The Necessary Inroads

    I completely agree. This is great news... both JV's are smart strategic moves. Welwind is taking all of the necessary steps to see this company enter the Chinese market. We have 2 JV's and a 3rd with Yatu Manufacturing coming. Perhaps the upcoming PPA's in Zhanjiang and Yangxi will also be part of JV's or wholly owned. In all, we could be talking about owning a part or a whole of 4 or 5 different PPA's by year's end JUST IN CHINA... and these are just of ones that we know of. Dont forget about the Peace River Project in Canada where Welwind just doubled its land position - the signed agreement with Windcor Power Systems to develop their wind projects in in China and British Columbia - the negotiations for the wind project in the Carribean. There are 2 huge financing committments in place... one of which is for 75 million which will finance these projects and I'd expect to hear more about them soon. This company has UNLIMITED potental...It will be fun to watch this all unfold.

    Personally, I cant believe we aren't over AT LEAST .20!... just waiting for the bigger volume to come in as the price is quickly pushing higher this morning and news spreads. Dont be suprised to hear more news coming very soon especially with Welwind management in China right now. If all goes as planned with the company we are taking about $1 within the next 3-6 months IMHO.

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    • Only Mr Feng is in China and he lives there, right?

    • Yes it seems that this company is developing slow, steady, and taking the delays in stride. We will have to put up with manipulation until the PPA is signed, however, at that time the bottom will be .50/.60 with bumps of 20%30% for each step such as financing and involvements in other projects. If you look at JUHL, Dan Juhl is involved in a dozen projects and more if he had the energy. This will be like solar where anyone with windy land will be looking for someone to develop a wind farm. The desert is being bought up for solar farms. The central third of North America is windy and this power is now at par with coal. There is always that chance that this is not what it seems but so far if you never read a message it would appear just as it is-the real deal. Why would these guys throw away billions for a few hundred thousand ill gotten bucks in a scam?

      • 1 Reply to khmdesign
      • "We will have to put up with manipulation until the PPA
        is signed" Are you talking about the Zhangiang PPA?
        That in itself was manipulation of this shareprice, several times, was it not? DO you actually believe that is coming in the next days/weeks/even months? The mysterious JV's have filled in to carry the day, notably WWEI was not granted any of these. Your post
        defies gravity, it seems to me, SOP for this message board.

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