chart - geothermal sale, page-38

EHR is about twice as good value than HRL.

HRL doesnt even have wells drilled yet. THey announce a deal with EDC and their shareprice triples (or at least doubles, depending on your starting point)

EHR could easily announce a similar deal for their african tenements. They are already beyond the point of HRL at Copahue they have funding in place for the plant and 3 of the 4 production wells.

PAX is further progressed (on the ground) than HRL, and assuming they can get funding as agreed, they will be sooner to produce than HRL.

I'm very pleased to have had my sell order filled in HRL today. I rate it a short term sell although I think it is a long term buy.

At current prices I'm all over EHR with an interest in PAX.

HRL is far more speculative and I don't think it has a good margin of safety at 7c

I'll start thinking about buying back in below 5c or pending the results of drilling.

Good company, slightly overpriced at this moment IMO