About two months ago after reading The Weather Maker by Tim Flannery and seeing him on Lateline i decided to spread some money into 4 geothermal companies. I did this because Tim suggested that there was enough energy to be derived from Hot Rocks in South Australia to power Australia for many years and that this energy was totally clean and free of CO2's. I bought GDY for 1.16 and this company GHT for .32 cents. Today they are both $1.15. GHT still only has a market cap of around $12 million as opposed to GDY's which is over $100 million. I would say there is still a long way to go with GHT and Geothermal Energy in general but it certainly is an interesting speculator and a segment to watch imo.
GHT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held