Nothing new, but Doug did another good presentation. Worth listening to, or at least clicking thru the slides. Hopefully we hear about a Geyser deal soon. Doug mentioned there should be a deal by the end of the year. Of course Guatemala is still down the road. That was has dragged on a long time.
Sorry wasn't imply you were playing games, those big firms playing games with us little investors.
Yes also in the could have, should have, state of mind set on several stocks, but what are you going to do, buy, sell, or hold......
So holding and waiting for Weds, then going out looking at rocking chairs...
Great always some one playing games. Thanks for your opinion, but shoot no rocking chair.
Yes, holding these cheap share companies, and knowing a lot about the one you own, always makes one wonder why it is so low. HTM just needs to become a fad stock, with all the environmental benefits, do not understand why it hasn't already.
Still waiting for Weds.
Well some one is buying. Strange the price has been slowly dropping again these past few days, with such great reports.
"U.S. Geothermal Inc. (NYSE:HTM) major shareholder Jcp Investment Management, Llc bought 440,656 shares of the stock in a transaction on Wednesday, May 4th. The stock was acquired at an average cost of $0.77 per share, for a total transaction of $339,305.12."
Another related hype job says, "U.S. Geothermal Inc. (HTM) Sees Large Drop in Short Interest"
"U.S. Geothermal Inc. (NYSE:HTM) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 628,736 shares, a decrease of 2.1% from the March 31st total of 642,226 shares,"
"HTM has been the subject of several recent research reports. Aegis assumed coverage on shares of U.S. Geothermal in a research report on Monday, April 25th. They issued a “buy” rating and a $1.30 price objective for the company."
Lets hear from the real hypester on Weds. Mr Gilles himself and his dreams. Hope they are all coming together, and we get the buck and beyond soon.
Now that is an interesting position. Certainly new to HTM to be hiring such a high level IR person. Gilles must think there will soon be a need for such an individual. The future of HTM is coming fast, before you know it, 90 MW and quarterly dividends....
"Investor Relations & Communications professional who can focus on the following priorities:
Build a strong, sell-side analyst following and maintain and grow buy-side participation
Promote the competitive advantages of geothermal as the most reliable renewable. It is baseload power operating at nearly 100% of the time, compared to intermittent wind and solar power which operate 25-35% of the time.
Assist management in developing and growing capital markets awareness and participation in US Geothermal as it executes its growth strategy.
Mr Dudley, I wasn't able to listen to presentation, could not figure out how to log in, and not sure it was a public presentation. So far a new presentation has not appeared on the HTM website, but with today's nice price movement, somebody likes something. About time!
Nice write up. It will be interesting to hear what Doug has to say tomorrow.
Certainly some of the alternatives was figuring out what to do with the 3 plants they have in storage and what to do with the Geyser site....
Good volume today with no price movement is strange. Always someone, or some firm flipping, for a few pennies.
The Q and A was even more interesting.
Also another presentation last Monday, on the HTM website, is pretty informative as well. Looks like 2018 should be a big year for HTM with almost 90 MW coming on line by the end of the year.
So hang in there, or don't slam the door on the way out.....
Interesting video was posted on the EESI site, worth watching. Our man Doug gave a good presentation starting around 55 min. Gave an informative whine about dealing with BLM. Two of the other 6 presenters were worth watching.
google this if interested in watching. .... "The Environmental and Energy Study Institute (EESI) and Geothermal Energy Association (GEA) held a briefing highlighting the state of the geothermal energy industry and its near-term prospects in the United States and in more than 80 other countries working to expand its use. "
thanks for the filling info. did some searching on Radoff, some good stuff......guess not much to do but sit around and wait, and wait, and wait. Eventually HTM will make it worth the wait.
Maybe news tomorrow morning. Gilles has a presentation tomorrow, but whatever it is, I have been waiting. Keep up the effort.
"presenting at the 8th annual LD Micro Main Event on Thursday, December 3rd at 11:00am PST. Dennis Gilles, Chief Executive Officer will be giving the presentation and meeting with investors."
I hear ya stingray, which is why I stated it looks good on paper, real good. Also good timing, in that Gilles will be able to add to it during tomorrows Q3 CC, should be interesting, but as always, appears the market thinks it is hoo hum news.
U.S. Geothermal Inc. Acquires Three New Power Plant Units at Significant Discount
On the way to 200 MW by 2020....
"Since we already operate this same equipment at two of our projects, it will fit in perfectly with our existing operations" said Dennis Gilles, CEO of US Geothermal. "We paid $1.5 million, which is approximately 5% of the equipment's original cost, a saving of roughly $28 million. This equipment gives us the ability to expand our megawatt output at our existing portfolio of advanced stage development projects at significantly lower cost, and in much shorter construction timeframes."
The three equipment packages which represent approximately 70% of the components needed for the complete plants, will meet the major and long lead equipment requirements for the Company's proposed Crescent Valley I power plant (25 MW) and San Emidio II power plant (10 MW).
The company plans to grow its portfolio by developing an additional 95 MW over the next 3 years, through a combination of expanding existing operations and constructing new projects. This will positively impact our cash flow and strengthen our commitment to becoming the North American leader in geothermal energy.
Yes it was a nice quick update. Should be one of many to come to help boost the SP. Glad to read nothing was damaged in the fires, unlike the competition.
Thanks for the heads up plumber. From the colorful chart on page 29, it looks like late 2017, thru 2018, and into 2019 will demonstrate how well the management team has executed their plan. With several new plants coming on line and revenues rolling in by late 2017, now is the time to accumulate. So, I guess I will do just that, while hanging around to see how they do.
What crazy day. How stocks move the way they do is beyond me most of the times.
Thanks for the comments, but guess we will never know exactly what happen. Taking out the stops on the way down has some logic.
As some, wished I would of had a buy order in at 52 cents, and then just wait for a day like to day to get it filled.
Oh well it ended green, with 2 plus million shares. Hopefully HTM bought some of the cheap shares.