The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
RPG Improves Its Prospects in the Geysers
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IAN THARP, Dundee Capital Markets
(06/24/2010)
"Ram announced today the purchase of Mayacamas Energy LLC, which owns 421 acres of land that is contiguous to Ram's Geysers geothermal project in N. California. The new land parcel has existing production wells, a combined production capacity of over ~15 net MW and further exploration potential. This is a positive development for Ram as it provides the company with additional flexibility for the commercial development of the Geysers project. Small Purchase Has Big Impact: More Flexibility on Realizing [Geysers] Value Ram has acquired 421 acres of land contiguous to its Geysers geothermal project through the purchase of Mayacamas Energy LLC. Purchase terms were not disclosed, but we understand that the purchase was paid for by cash. We reiterate our BUY rating and 12-month price target of C$4.50 for Ram Power." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
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