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To: Madharry who wrote (38258)	6/11/2010 12:08:31 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78748

OT. Madharry, re geothermal. Have no insights to offer. I have a full position in this one ("full" which I define here as: as much as I will bet on this penny stock), and I follow the sector through it: finance.yahoo.com I had believed that since there's a push by the gov't for renewable and therefore by electric utilities to acquire energy from renewable, that this company supplying energy to electric utilities from geothermal ought to be profitable. The company acquired sites, built a plant and got government funding, and they have contracts to sell their generated energy. And the plant is producing. More sites and more plants are planned. I had figured why build a plant if the energy to be produced and contracted for didn't pencil out to be profitable? My error apparently: So far, no bottom-line profits in sight, and the stock is a loser for me.

To: Madharry who wrote (38258)	6/11/2010 1:03:47 PM
From: relewis	Respond to of 78748

Mad: U.S. Geothermal said Thursday it has received a conditional pledge from the govt for a loan to build a 22-megawatt power plant in the eastern Oregon desert. The company must still fulfill U.S.Dept of Energy conditions before tapping the loan for its $120 mil Neal Hot Springs project in Malheur County, 90 mi west of Boise, ID. The loan, worth up to $102.2 mil would come from the Treasury Dept and would have a lower interest rate than if sought from private lenders. The Oregon project is due to be completed in 2012. Once completed, the company is counting on a separate, $34 mil federal tax rebate - money that's part of the 2009 federal stimulus act meant to help spur investment in renewable energy - to help pay down the federal loan as well as pay off some private investors. John Miller, The Associated Press, in The Idaho Statesman, 6/11/10.