Stockchase Opinions

Charles Lannon Black Sea Copper & Gold BLS-X BUY Sep 13, 2007

Like the stock. Very small capital company. Nice resources. 35-megawatts of power coming online in 2009. Operational risk. Great value in regards to their assets. Buy on the dips.
$0.800

Stock price when the opinion was issued

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COMMENT
Developing A geothermal project in Nevada. Well advanced in the production of the project. Has his eye on it and would be quite interested in buying it back again at some future point. A fantastic project.
DON'T BUY
Taps into hot water reservoirs for steam to drive turbines. A number of developers have bought up the rights along fault lines in Nevada and are looking to develop it and ultimately sell the power. Likes geothermal as a category. Pretty well fully valued.
BUY
Geothermal. Thinks that all of the small geothermal companies will be consolidated and is looking for this to be acquired within the next 12 months.