good stuff. thanks.
liked the posted comment..."This isn't just a hot spot for geothermal activity."......kids....been there done it....but did not trash it....
"Geologists Dave Tucker and Pete Stelling recently hiked to the Mount Baker Hot Springs, located within the national forest. The faint smell of sulfur greet them as they arrive at the hot springs. If you are picturing a beautiful, bubbling pool surrounded by ferns, stop.
The springs are trashed — beer bottles and cans, orange peels, a discarded bra in the mud next to a waist-deep pool of murky water. This isn't just a hot spot for geothermal activity. It's also a hot spot for local college kids who are looking for a soak in the springs."
Not bad, impressive up-time for two plants, and one had a minor upset. Will be interested in hopefully learning more during the CC.
"During the first quarter, our operations team continued to do an outstanding job of providing high operational availability at all of our facilities", said Dennis Gilles, Chief Executive Officer of U.S. Geothermal. "Our optimism for growth this year remains high considering the numerous opportunities we are evaluating."
Well I for one appreciate the heck out of your effort. Thanks. There is Mr Gilles, when head of Calpine, at 13:50, and other familiar names in the video. A lot of good stuff (and yes bad stuff, for a challenge), nice to see the word getting out there on geothermal, will send it off to interested friends.
Always the negative, naysayers, must be from the burn baby burn crowd, no matter what.
Thanks for the speculation, was wondering about the reasoning behind that switch. More confidence in the numbers will help, but there would be no need for an accounting firm if the company is not business. So mine is more interesting, expansion of the geothermal market....IMO of course........ :-)
In any case hopefully both items, and more, will help the SP get to a buck or more, with an RS.... :-(
Some good news for HTM.........Appears Geothermal is getting the recognition it deserves, finally....solar and wind is okay, but geothermal is 24/7/365.....seems Geothermal is the place to be these days....
1) Risch, Wyden Introduce Bill to Spur Geothermal Energy
“We thank Senators Wyden and Risch for their continued strong support of the geothermal industry with their introduction of the Geothermal Production Expansion Act,” said Doug Glaspey, President and COO of U.S. Geothermal, Inc. “This is an important piece that improves the federal leasing system and will help geothermal developers move projects toward production.”
2) Senators’ New GEO Act Pub date: Thursday, April 9, 2015 - 10:51
"We love geothermal and have seen it provide heating and cooling and, in more isolated cases, KW production. Tapping into the Earth's core ambient temperature and using little power to bring it to our buildings is an efficient way of using energy."
"We have seen geothermal used on a large scale in New Mexico as one of their main power companies brought on a new plant last year. Based on our experiences, we'd like to see Congress open up some of the public lands, with better permitting, for such use. "
Senators’ New GEO Act Addresses Geothermal Exploration Catch-22
3) Interesting comment by Doug, did not know that......." Doug Glaspey, President at US Geothermal said, “The team that started US Geothermal came to the geothermal industry from the mining industry, and one of our goals for success was to avoid Federal property if at all possible, because we knew how long it took to get through the permitting process. "
On to next week...
At first thought cool, then looked, it was only around 50,000 shares, but then again, the 3.7 million new shares purchased by Private Management Group of CA, seemed much more interesting, IMO. So thanks for making me look...