Yes, just amazing how tight it has closed around 42 cents...for days... would be easy to conclude it will eventually deviate from 42 cents, question is which way it deviates? Betting on up... eventually.
Sep 12, 2013 0.42 274,800
Sep 11, 2013 0.42 153,200
Sep 10, 2013 0.42 219,200
Sep 9, 2013 0.43 304,300
Sep 6, 2013 0.43 361,600
Sep 5, 2013 0.43 301,000
Sep 4, 2013 0.43 317,600
Sep 3, 2013 0.42 153,000
Aug 30, 2013 0.41 862,700
Aug 29, 2013 0.42 394,300
Always good to get, nice job Gilles.
"U.S. Geothermal Inc.: El Ceibillo Project Receives License to Construct and Operate 25 Megawatt Project"
Gilles is also talking at the Imperial Capital Global Conference at the Waldorf in NY today.
Should get interesting.
A very good interview from the Equities conference... Nice job Gilles, very informative! ... Thanks.
"Rock Steady," says Gilles....
"Dennis Gilles, CEO of U.S. Geothermal explains his company's compelling strategy and approach to the energy market."
google ---- media-gallery/221-u-s-geothermal-inc-nyse-mts-htm
Views at this time only 42... lets get the word out. It should be in the hundreds.... of thousands.
Good one mert, thanks. Yes with new air rules requiring carbon capture, and transportation cost, coal is not going to be a cheap source of electricity anymore. Expecting the Guatemala project to be good for HTM and investors.
Yes, it did sound familiar, but Gilles did a much more upbeat job at it. Geothermal will need to become a bigger part in of the electrical demand... as for honesty in Mgr...I guess how many companies do, as far as investors go?
SP looks to be slowly bouncing its way up, now 44 - 45 cent range...up from 42 - 43, .... percentage-wise, not bad. :-)
US Geothermal Industry Fights to Prove Its Value
Las Vegas, Nevada -- Geothermal industry leaders say they are losing a popularity contest with wind and solar power, but claim they are offering a better product.
“We dressed up to go to the prom, but the car is not showing up,” Dennis Gilles, CEO of U.S. Geothermal of Boise, Idaho, told attendees at the Geothermal Resources Council (GRC) Annual Meeting and the Geothermal Energy Association (GEA) Geothermal Expo last week in Las Vegas.
For comparison, solar photovoltaic power installations in the United States rocketed 61 percent during the 12 months ending in June 2013 to 9,370 MW, according to the Solar Energy Industries Association (SEIA). And the American Wind Energy Association (AWEA) reported that U.S. wind power installations jumped by 28 percent in 2012 to 60,000 MW. In contrast, geothermal power capacity rose by 5 percent, or 145 MW, over the last year, according to the GEA.
“We’re slow right now, but we have a product or commodity that is going to have real value, and we’ll be back,” said GEA executive director Karl Gawell.
Interesting comments made in the SA article by Konrad...
Q3 Review: A Bottom For Clean Energy Developers?
"The news at the other three developers, U.S. Geothermal, Ram Power, and Alterra Power, in contrast, has been better, yet only U.S. Geothermal has advanced. All three have been producing power and positive cash flow, yet can't seem to catch investors' attention. Yet given the current valuations, they don't need investor attention to produce handsome returns from current prices. Including Pattern, there are a number of publicly traded renewable energy power producers would could buy U.S. Geothermal or Ram Power outright and increase their cash flow per share. ....."
"If U.S. Geothermal's distributable income were valued on the same basis, it would be worth $0.66 per share for an 8% distributable income yield, based on management's projections for 2013 EBITDA and my interest estimates"
I guess at this point... would rather see HTM crank out few good Qs and see what happens to the SP.
Sorry nam, like Loko stated before ..... don't ever mention Loko, the iHumble Tea Party crowd will trash the posts and harass you for the effort, then red thumb all your posts .....
Yes there is a lot more news on Scopolamine .. just like there is a lot more of news on Loko's drugs of choice and speculations... but why in the world would Loko want to post it anymore... It will just get ignored, the iHumble crowd will trash Loko, while never commenting on the solid info posted..... but then they steal it and post it on iHumble to start a luv feast.....
iLoser iLoko...... has enlighten readers here on more good stuff going on with ATRS then the whole iHumble crowd combined..... but they are luved....and Loko is trashed...... Politics! .... The Controllers of what is discussed on ATRS to limited the share price..... so Pfizer can get ATRS cheap......
For Q3?.... don't hold your breath. Usually do not see it until a few days before the last day they are able to post it... So the week of Nov 11 for the PR would be my guess, stating Q3 will be out on Nov 15, maybe Nov. 14 if we are lucky...... either way.... Profit time... a few pennies....it all adds up.
Oh well half right..... Q3 end of day on Nov 14, CC on Nov 15....... and amazingly they told us more then a week in advance. Guess that is the progress of Gilles.... earlier notice that the Q will be out by the last day possible.....
Should be an interesting CC.
BOISE, IDAHO--(Marketwired - Oct 23, 2013) - U.S. Geothermal Inc. (NYSE MKT:HTM)(TSX:GTH) plans to release its third quarter 2013 financial results on Thursday November 14th, 2013 after the market close. Management will present the results during a telephone conference call for investors and analysts on Friday November 15th, 2013 at 11:00 a.m. ET (9:00 a.m. MT). At the same time, the company will provide guidance for 2013 and 2014 financial performance.
Don't you just hate when that happens. Lucky the typo thing has never happened to me.... :-)
Anyhow, congrats, in the long term I strongly suspect you will not regret your accumulation effort, but then there appears to be one or two here that might think differently.
The thing about HTM it is pretty much an open book, unlike investing in those biotech start-ups. Who knows what they are hiding. With HTM, there is really only power production, and how they manage the money. So will again be looking through Q on the 14th, for both, and expecting to continue showing a few pennies per shares.
Thanks for the post matt... Looks like the chatter and beat of the HTM drum is picking up, and none to soon.
Google this section of the write-up.. Jeff has been using the same phrase for a while.... "EGS is the holy grail for the geothermal industry."..... He will be right-on, eventually.
Alt Energy also has another good write-up summary on HTM, beating the drum for a bright future as well.
"US Geothermal: A Knack For Hot Rocks" by Debra Fiakas CFA
"There are no consensus estimates published for U.S. Geothermal, but there are high hopes for the quarter report. Message boards are filled with continuous chatter about the company’s progress."
Liked these comments, "no consensus," ... no fooling from looks of the share price. Then "message boards," she uses them to give credit to DD in her articles... what a gal. :-)
Well on to Q3...and 60 cents...
And US Geothermal appears to be plugging along at a nice slow steady pace......
The chart has been looking good as of late, and with Q3 next week...... then onto.....Q4.... ... Q1_2014... .Q2_2014...... The slow steady climb should continue for years to come, in the opinion of a positively biased investor.
Certainly a good time to get more shares, or to dip ones newbie toes into the HTM hot waters....
Yes mark 10%, and then parto nails the power bump due to lower ambient temps during the winter months....
So all together now... "Let us sing a song of cheer again, Happy days are here again, Happy days are here again, happy to fill up the account with HTM shares again"
But to heck with us amateur pumping geothermal.... let the professionals do it....and a nice job they did.
The Values of Geothermal Energy: A Discussion of the Benefits Geothermal Power Provides to the Future U.S. Power System
Geothermal power is a reliable, economical, and clean option to provide baseload power for the growing U.S. power system.
Retirement of emission-heavy coal plants will provide opportunities for more environmentally- friendly geothermal power plants. Among energy sources which are suitable for baseload production, geothermal power represents arguably the smallest carbon footprint. Geothermal power has significantly lower CO2 emissions than coal or natural gas.
The U.S. Energy Information Administration (EIA) formulates the levelized cost per kilowatthour for various energy sources. The estimated average levelized cost for geothermal power ($89.60/MWh) comes in significantly lower than coal (conventional or advanced), nuclear, or biomass.29
Baseload or Load Following using gas-fired generation is more costly than geothermal power when factoring in ancillary costs of natural gas electrical generation.30
The transition from a coal to a natural-gas-dominated electricity system would not be sufficient to meet U.S. climate goals. A natural-gas-centered power system still carries significant economic, environmental, and public health risks from methane’s impact on climate change as well as environmental consequences from natural gas extraction.31
Very good SA write-up. Nice job!
Hit on a lot of the good and bad stuff, and the future does look bright for longterm investors. Guess the slow and steady pace, just might pick up a little.
Good thoughts on Latin America.....
"Furthermore, U.S. Geothermal's expansion and success in Latin America is significant. Among the regions where clean energy investment has been supported, and where clean energy has been utilized, Latin and South America is among the highest. Success and growth in their Guatemalan project could lead to considerable expansion in the region. That development, over the next three to five years, could be pivotal to the company's potential progress and profit."
Well lets just say, HTM was well on its way to 60 and beyond, until msj shows up and puts the jinks on it........but hey welcome back msj, but lets just hope the jinks was a one day thing.... or else.... the welcoming mat is removed..... :-)
Anyhow, just poking around while waiting for Thursday Q3 and CC on Friday, and as always, wondering who is flipping this thing for pennies, and are they making money at i?
Yes would have to agree with you hoop, slightly worst then expected, thought for sure they would scrap out a penny. As was noted it was hot out west, so poor production for the air cooled systems. Can wish for a colder then expected winter, but the way things are going..... good luck......
Will need to hear what Gilles and Glaspey has to say tomorrow... investors are certainly due an update on Guatemala, and it better be good, or will also agree.....down it goes back to the low 40 cent range again, and breaking 50 cents on to 60 will be awhile...
Hi philo, took the time to listen to the CC this morning..can cheat and fast forward it through the numbers...
Certainly sounded more up beat then pasts CCs. They did, and do have their problems dealing with the government. Don't think it is to hard to read between the lines, and there is a lot to read. Security is important these days, and will only get more important in the future, if WYY can provide the goods, they will do just fine. So along with Mr D, I will be hanging around with you, waiting for the next CC, in 4.5 months or so, bummer there, since the 10K takes longer.
Looks like premarket is giving a green thumbs up, so far.
As always thanks for the summary ggrail.... I like skimming through others opinions before listening to the CC. Cheating, I guess, but it gives me items to listen to that others find interesting.
Thought it was one of their better CC. The team seems more confident in what they are doing and it shows.
As for Mr D. always good to get his comments. He, if anyone, would have a good understand of the need for the products WYY provides, and always glad to know he is hanging in there with us.
Premarket is looking good, it needs to move up a little more before getting back in the black.
Took the time to listen to the CC this morning, and agree with you buckeye, I thought it was a good CC. Q3 is one of their lower production Qs, and with the unplanned outrage, oh well things happen. Would have hoped the contractor kicked in something for the lost production, but...
Thought Gilles and Glaspey did a fine job of explaining what went on in Q3 and what they will be doing in the future. It sounded reasonable to me. Having been to two of the plants and understand the process, I think getting in the mid to upper 90% up-time for any of the plants is pretty dang good, and they are on the way for Q4.
Gilles certainly sounded a little controlled in his discussion on M&A activities, strongly suspect we will be hearing something on that this Q.
As far as Dan, he was a good guy, not sure why nami has such problems with him. A smart dude as far as geothermal goes. Not privy to the actual reasons for leaving, but having ready access to his knowledge of the plants has got to be good at this point.
Looks like most of flippers jumped shipped friday, and the smart ones will be buying more on Monday. Or not.
Onto Q4 on March 15, I would suspect.