Steve Martin
Polaris Geothermal Inc.
GEO-T
DON'T BUY
Apr 18, 2008
Small start-up geothermal company. Once you actually find the thermal resource, what it produces is competitive with grid power prices. However, very capital intensive, which drags down returns. He would rather play the manufacturer side. Biggest one is Ormat Technologies (ORA-N)
Merging with 2 other companies and will have its name changed to RAM. Thinks geothermal is probably the single most attractive resource opportunity. He is a bull on energy particularly alternative energy.