Opinions
James West
Naikun Wind Energy Group Inc.
NKW-X
BUY
Jun 11, 2008
Building a massive wind energy project offshore of the Queen Charlotte Islands. Stalled because their customer B.C. Hydro has been revising their long-term acquisition plans. This company is perfectly positioned to capitalize on this. Thinks it's about to make a move again now that B.C. Hydro has got its act together of acquiring Green power.
$2.170
Stock price when the opinion was issued
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COMMENT
With the new US administration and the new greening of Canada, there is a lot of growth in the wind industry. Coming off a small base so the growth prospects are good for the next few years. In the current market environment, you can invest in much more established companies with secure prospects as opposed to this one. Very speculative.
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