chart looking good, page-19

Thanks for all the interesting points, guys. Actually, CJ, I haven't ever held HRL and don't know a lot about them but they couldn't be looking much better right now. I wish I got in a month ago!

The ABID reports are good value on both HRL and EHR and as time has passed, they've only looked more and more plausible. Both companies could hardly have impressed more lately. If you look at where some of the big players like Origin and EDC are heading, its to Chile, Indonesia, Kenya and nearby countries.

HRL have impressed me with the tenements they've secured in Chile and Peru. Having the biggest geo company in the world as a 70% partner is a great thing, especially with all that extra acreage ready to go. EHR have a strategy of retaining more ownership and getting debt finance, which is great on a relatively low risk, advanced project like Copahue and retains more upside for holders.

Everyone has a geothermal minnow that they rate the highest for different reasons-
EHR (advanced projects, finance, mgmt, ABID valuation 10-20x)
HRL (partner, strategic positions, cheap, ABID 5-12x)
PAX (cheap, Baker's 20x),
GRK (cheap, WA positions?)
KEN (cheap & tightly held, directors heavily invested, LT Tas. play)

EHR and HRL are leading the charge and it seems like punters are starting to catch on. Hot Rock's hype seems to be attracting a few more punters too. I'll say it again CJ, 2.1c topup was buy of the century!