RPG.cn Ram Power looks like a very interesting Geothermal Play
I do not know much about geothermal at all, but it is definitely something that interests me. Due to the BP spill, and now the ME rig explosion in the gulf (though it was very small), I think there is a good chance that there will be an increased amount of pressure to pursue alternative forms of energy. Accordingly, the latest IEA (International Energy Association) presentation was focused on the importance of using more efficient energy sources. I began reading several other articles which turned me onto geothermal energy technology. I have read briefly about this before, and conveniently saved a list of some potential companies to look at. I wanted to narrow down on one or two possible plays here and compare them. After spending some time, I decided to focus on Ram Power Corp (RPG.T) and Magma Energy Corp (MXY.T). It seems, so far, that RPG has a lot more support behind it and some very interesting assets. More importantly they seem fully funded with access to more capital, a necessity for a company of this nature. I wanted to do a preliminary post to remind myself to look further into this Ram once time permits. Look for a post soon.