GRK green rock energy limited

Meagkins,You are not alone. When Rudd won the election I decided...

  1. 19,214 Posts.
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    Meagkins,
    You are not alone. When Rudd won the election I decided to buy a few "Green" stocks. I reckoned they would get good support. I chose GRK as one of those because they had a good spread of "hot rock" prospects.

    The one in WA looks like it will be the first one to get up but there are others that could be the bigger ones given time. They have good lease areas handy to Olympic dam for power generation. They have good leases in the cooper basin where previous oil drilling has shown the probable presence of underground heat. The same could be said where they are in a joint venture(33%) in Hungary. They also have lease applications for an area in the Spencer Gulf where there is proven heat in underground water. This project has potential for desalination projects as well as power generation.

    I intend to hold GRK long term and support GRK not only as a financial investment but also as an investment in part of an answer to the global warming problems. Some things are more important than just the money angle. When they complement each other it is a bonus.
 
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