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HTM - US Geothermal Inc. - Page 2

post #21 of 50
I got in at .81 cents and doubled up again at .98 last week. Anybody following this company at besides me?
post #22 of 50
I'm riding free shares from a while ago. Holding them long-term (3+ years).
post #23 of 50
Quote:
BOISE, IDAHO--(MARKET WIRE)--May 26, 2009 -- U.S. Geothermal Inc. (Toronto:GTH.TO - News)(AMEX:HTM - News) ("U.S. Geothermal"), a renewable energy company focused on the production and sale of electricity from geothermal energy, announced today that it has been selected by the U.S. Department of Energy ("DOE") to enter into due diligence review on an $85 million project loan for its Neal Hot Springs project in eastern Oregon. The DOE loan is expected to provide 80% of the $106 million estimated total capital cost. Construction of a binary cycle power plant utilizing significantly improved technology is expected to begin in mid 2010. The new plant, designed to deliver 22 megawatts ("MW") of power net to the grid, is scheduled to begin commercial operations in late 2011. The DOE loan is anticipated to be a combined construction and long term loan and provide the project with a low cost annual interest rate.

On February 26, 2009 U.S. Geothermal submitted an application for the Neal Hot Springs project to the DOE's Energy Efficiency, Renewable Energy and Advanced Transmission and Distribution Solicitation loan guarantee program under Title XVII of the Energy Policy Act of 2005. The company was notified that its project application is complete, the power plant technology choice qualifies as new or improved under the program, and the project has been selected to proceed in the project loan process.

The renewable energy is expected to be sold under a long term power purchase agreement that is currently under advanced negotiations.

"Another critical milestone in the development of our project at Neal Hot Springs has been achieved and provides us with access to a source of low cost capital," said Daniel Kunz, CEO and President of U.S. Geothermal. "As we enter into due diligence with the DOE on this important $85 million loan we can now work to complete the balance of the project requirements necessary to construct an advanced and highly efficient geothermal power plant."

U.S. Geothermal also announced today that it made a regular annual grant of compensation options pursuant to its Stock Option Plan to directors, employees and consultants to acquire 1,795,000 shares in capital of the company. The options are exercisable at a price of US$0.92 per share for a term of 5 years expiring May 26, 2014. The options will vest pursuant to the schedule included in the company's Stock Option Plan.

About U.S. Geothermal:

U.S. Geothermal is a renewable energy development company that is operating geothermal power plants at Raft River, Idaho and at the San Emidio Desert in Nevada. The Neal Hot Springs project in eastern Oregon is being developed and is expected to be operational in 2011. The San Emidio project is currently under development to replace the existing old power plant with a new efficient plant. U.S. Geothermal holds, through ownership or lease, geothermal rights of lands that comprise the Raft River project in Idaho, San Emidio, Granite Ranch, and Gerlach in Nevada, and the Neal Hot Springs project in Oregon.

The information provided in this news release may contain forward-looking statements within the definition of the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995, including statements regarding drilling plans, or development possibilities at Neal Hot Springs. These statements are based on U.S. Geothermal Inc.'s current expectations and beliefs and are subject to a number of risks and uncertainties that can cause actual results to differ materially from those described. Readers are cautioned to review the risk factors identified by the company in its filings with Canadian and US securities agencies. Forward-looking statements are based on management's expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc. assumes no obligation to update forward-looking statements if management's expectations, beliefs, or opinions, or other factors, should change.
Nice move up today on this news.
post #24 of 50

HTM

Bought in at 80 cents , but not due to anything on this Board. My own research which for me is a longterm hold. Good Luck to all of us who are riding the storm..
cheers
Drd
post #25 of 50

HTM

HTM on the move today. Up 24 cents already today. Looking better all the time. Good longterm hold..
post #26 of 50
Yeah. SO glad I decided to double my position a month ago. =)
post #27 of 50
Nice article on the emerging geothermal market from Reuters.

http://www.reuters.com/article/mnGre...03042420090602
post #28 of 50
This was up to 2.09 a few times during the day, but in the last 45 minutes got a decent haircut. Volume was up, too. No news, though.
post #29 of 50
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post #30 of 50
Neat article about the coming bull market for alternative energy stocks. (...or so the author claims.)

http://seekingalpha.com/article/1428...g?source=yahoo

No mention of HTM, specifically, though.
post #31 of 50
Has anyone been following HTM lately? They are up 1.37% today and seem to be moving up along with the rest of the alternative energy sector. If Isreal attacks Iran some say oil will be as high as $200 a barrel. If thT were to happen the alternative energy market would explode.
post #32 of 50
chart.ashx?t=htm&ta=1&p=d&s=l

Keeping an eye on this one for a possible long play

http://www.usgeothermal.com/Index.aspx CHECK OUT THE VIDEO

Seems they are making electricity now and plan on expanding to full cap by 2012, tripling output.

As of June 30, 2009

http://www.usgeothermal.com/FinancialReports.aspx

C.R. 4.07

The Latest

NEWS:

(September 15, 2009) The U.S. Department of Energy (“DOE”) has formally awarded the Enhanced Geothermal Systems (“EGS”) grant that was announced on October 14, 2008 to U.S. Geothermal Inc.. The Raft River EGS program now totals up to $10.21 million, with the DOE providing up to $7.39 million as part of the cost-sharing arrangement. More>>



(September 14, 2009) U.S. Geothermal announced today that its board of directors has delayed the Company’s Annual General Meeting of its shareholders from September 22, 2009 to December 17, 2009. See the news release here for more information.
post #33 of 50
took a position at 1.54, 60 minute chart showing strength now, volume building, but its still in the wedge until it breaks 1.68 IMO
post #34 of 50
That pennant formation is almost perfectly formed now.

Does she break up or down?
post #35 of 50
Just a hunch, but I think this breaks out to the down side.

...unless there is some positive news, of course.
post #36 of 50
bump . i think im gonna load up on this
post #37 of 50
Setting up very nicely.

post #38 of 50
selling looks like its over. private placement is done
post #39 of 50
chart.ashx?t=htm&ta=1&p=d&s=l

stock-chart-str.aspx?id=htm&ca=24062939
trying to break the 1.00

lovely high heel shoe formation
post #40 of 50
broke 1.00 today
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