US Geothermal as one of 10 investments to watch 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