News

US Geothermal as one of 10 investments to watch 2009

Alexander Richter 12 Jan 2009

The Wall Street Journal in its "Ten Investments to Watch in 2009" names U.S. Geothermal Inc. (TSX:GTH) as no. 7, among companies like Gap, Vanguard Extended Duration Treasury and others.

The Wall Street Journal in its “Ten Investments to Watch in 2009” names U.S. Geothermal Inc. (TSX:GTH) as no. 7, among companies like Gap, Vanguard Extended Duration Treasury and others.

The article describes the company as a “high-risk, speculative stock and as a leveraged alternative-energy play. It’s an interesting situation. It’s building and operating geothermal power plants out west, and has plenty of cash. The shares have collapsed from US$4 to just 70 cents, valuing the company at about US$47 million.”

Source: Wall Street Journal