Raser Technologies: A Short Squeeze in the Making [View article]
HAW!!...for "Romns":
"Consequently, just as one offense resulted in condemnation for everyone, so one act of righteousness results in justification and life for everyone."
....unfortunately, RZ's transgressions will condemn only its shareholders and the probability of management executing an act of righteousness is probably about that of seeing a pig flying overhead!...HAW!!!
Raser Technologies: A Short Squeeze in the Making [View article]
...HAW!...for "seasoned1" -- UTC Power installed the first purecycle unit at Chena Springs 4 years ago...since then the ONLY other customer has been RZ...now, let's see, four years and nooooobody else in the WORLD but RZ is interested in purecycle plants...I wonnnnder what that could mean?...HAW!
ADA's 68th Scientific Sessions: A New Look at Insulin Therapy [View article]
HAW!!...an article bordering on delusional!!!...let's see:
"Generex Biotechnology was also at this week's ADA event and presented convincing results of a 372 day Phase II study comparing Basal and Pre-Prandial Injection vs. Basal Injection and Generex Oral-lyn in Type-1 Diabetics."
...and if I'm not mistaken they have presented the exact same data at the ADA for something like FOUR YEARS now!!!...and what was the total number of patients?...uhhh, twenty or so?...and it was done in that mecca of scientific discovery -- uhhhh -- Ecuador??...and GNBT, of course, has a stellar record of accomplishments to its credit: losses -- massive; growth of stock outstanding -- exponential; probability of further dilution -- 100 per cent...the only ones that'll ever make money off GNBT are management, brokers and shorts!!
Raser Technologies: A Short Squeeze in the Making [View article]
HAW!!...an "anonymous" contributor comes out of nowhere to pump RZ!...I guess desperate situations call for desperate measures, huh!...personally, I smell a short opportunity ripening on the vine -- from a recent PR:
"Once the production wells have been flow tested, independent third party analysis of the resource will be issued, which is one of the final conditions required prior to Merrill Lynch closing the construction funding for the plant under the terms of the Commitment Letter recently announced for the renewable energy project."
...wonder what'll happen if those "independent third party" analyses come back poorly!...and "credentials"???...man... has ZERO "credentials" in geothermal energy -- they blindly jumped in about a year ago when it was becoming obvious they couldn't squeeze much more mileage out of that idiotic "symetron" gizmo...and that "purecycle plant" -- from a Tribune story about RZ:
"...the company warns that the technology it intends to use at the heart of its geothermal energy production activities has a limited operating history and has been deployed only in a limited number of projects."
..."limited number of projects"????...uhhh, ONE project:
Indevus Pharmaceuticals: Nebido Has Lost Its Libido [View article]
While I agree that the FDA's decision was ludicrous I don't agree that it merits being called a "potential company-destroying two-year approval delay"...the company is generating substantial and increasing revenues from other products and has others well along in phase II and III...I really didn't think that nebido was all that worthy of development to begin with...with competing testosterone depot products I wondered what the profit and revenue potential would be...I also think they should finally dump that absurdity "pagoclone" -- the world doesn't need another benzodiazepene...compa... the company to the recently bought out TRCA I think IDEV should be north of $7 even without nebido.
Generex Biotech: A Breath of Fresh Insulin [View article]
Oh, look!!!...yet another NEW contributor pumping GNBT!!...oh, and guess what -- he's anonymous too!!...gosh, the boiler rooms are busy on this one, huh?...well, in case you missed my responses to that other anonymous contributor "RJ Steffens" and want to discern the TRUTH, here's what I had to say:
"Anyone wanting the FACTS about GNBT should check my posts on Yahoo's GNBT message board...some of the things I've posted:
Apr-08: "GEN084-OL???...HAW!!.... cracks me up that the specific locations of all these clinical sites evidently is top secret!...goodness knows, they're scattered among cities from one end of the world to the other...but apparently no one is allowed to know the names of the hospitals, clinicians, etc that are actually involved!!!...goodness... a poor diabetic interested in participating to do?!!!...GNBT doesn't even list a phone number to call on their website!!...and isn't it interesting that "GEN084-OL" doesn't show up on any clinical trials databases?...gee, I sure hope Anna isn't committing fraud...I'd sure hate to see her have to go to prison!..."
1-Apr-08: HAW!!...one week GNBT announcesan "order" from India and a week it announces a "death spiral" convertible managed by that lone GNBT cheerleader: Rodman & Renshaw!!!...ain't it sweet!...Anna makes money...R&R make money...shareholders get -- uhhhh...well, you know...HAW, HAW, HAW!!! "
15-Mar-08: "Re: 25,000,000 yard sale.. who needs your approval?" ...this was in regards to notification of a future stock offering: "the best part is: "...for a price of not less than 70% of the market price at the time of such issuance..."...damn!..... I'd buy some if I could get it for 30% off!!...HAW, HAW, HAW!!!"
15-Mar-08 "HAW!...I see Bernstein grabbed... 15-Mar-08 05:16 pm ...a quick 50,000 share at 94 cents a share before bolting for the door:
...Amanatides left too?...HAW!...rats starting to abandon a sinking ship!...HAW, HAW, HAW!!
12-Mar-08: "HAW!!!...sweet 10Q!...wait a minute..aren't revenues supposed to be going UP????...I mean, after all, oralyn is selling like hotcakes in Ecuador and the Middle East, right??...and that koolaid spray they make is just flying off the shelves, right???...and old "Kaboom" is pumping people up everywhere, right???...but revenues DROPPED from 46,000 a year ago to 19,000??...well, at least those expenses keep going up!...wait a minute -- that's BAD, isn't it?...but, hey, I found one bright spot!!...the near exponential rate at which the number of shares outstanding keeps increasing means the loss per share doesn't look nearly as bad as it would have a few years ago!!!...HAW, HAW, HAW!!!"
11-Mar-08: "Re: GNBT Announces Phase III Started - When?...HAW!!!...don't get your hopes up!!...GNBT originally said they were starting phase III EIGHT YEARS AGO!...last year they said they would actually recuiting patients beginning in November, 2007...yet there is NO evidence they have recruited even one patient...they haven't even announced anywhere that prospective patients could go to sign up!...face it -- the company is a SCAM!...just another biotech playing smoke and mirrors in order to keep money flowing into management's pockets."
...make NO mistake -- this company is basically nothing but a hoax designed and managed toward ONE end -- selling worthless stock to naieve investors...AVOID!!!"
Generex Biotechnology: Oral-lyn Buccal Insulin Takes Center Stage [View article]
...I've been censored twice now!...wow, the truth must be hurting someone!...in case you missed it:
Anyone wanting the FACTS about GNBT should check my posts on Yahoo's GNBT message board...some of the things I've posted:
Apr-08: "GEN084-OL???...HAW!!.... cracks me up that the specific locations of all these clinical sites evidently is top secret!...goodness knows, they're scattered among cities from one end of the world to the other...but apparently no one is allowed to know the names of the hospitals, clinicians, etc that are actually involved!!!...goodness... a poor diabetic interested in participating to do?!!!...GNBT doesn't even list a phone number to call on their website!!...and isn't it interesting that "GEN084-OL" doesn't show up on any clinical trials databases?...gee, I sure hope Anna isn't committing fraud...I'd sure hate to see her have to go to prison!..."
1-Apr-08: HAW!!...one week GNBT announcesan "order" from India and a week it announces a "death spiral" convertible managed by that lone GNBT cheerleader: Rodman & Renshaw!!!...ain't it sweet!...Anna makes money...R&R make money...shareholders get -- uhhhh...well, you know...HAW, HAW, HAW!!! "
15-Mar-08: "Re: 25,000,000 yard sale.. who needs your approval?" ...this was in regards to notification of a future stock offering: "the best part is: "...for a price of not less than 70% of the market price at the time of such issuance..."...damn!..... I'd buy some if I could get it for 30% off!!...HAW, HAW, HAW!!!"
15-Mar-08 "HAW!...I see Bernstein grabbed... 15-Mar-08 05:16 pm ...a quick 50,000 share at 94 cents a share before bolting for the door:
...Amanatides left too?...HAW!...rats starting to abandon a sinking ship!...HAW, HAW, HAW!!
12-Mar-08: "HAW!!!...sweet 10Q!...wait a minute..aren't revenues supposed to be going UP????...I mean, after all, oralyn is selling like hotcakes in Ecuador and the Middle East, right??...and that koolaid spray they make is just flying off the shelves, right???...and old "Kaboom" is pumping people up everywhere, right???...but revenues DROPPED from 46,000 a year ago to 19,000??...well, at least those expenses keep going up!...wait a minute -- that's BAD, isn't it?...but, hey, I found one bright spot!!...the near exponential rate at which the number of shares outstanding keeps increasing means the loss per share doesn't look nearly as bad as it would have a few years ago!!!...HAW, HAW, HAW!!!"
11-Mar-08: "Re: GNBT Announces Phase III Started - When?...HAW!!!...don't get your hopes up!!...GNBT originally said they were starting phase III EIGHT YEARS AGO!...last year they said they would actually recuiting patients beginning in November, 2007...yet there is NO evidence they have recruited even one patient...they haven't even announced anywhere that prospective patients could go to sign up!...face it -- the company is a SCAM!...just another biotech playing smoke and mirrors in order to keep money flowing into management's pockets."
...make NO mistake -- this company is basically nothing but a hoax designed and managed toward ONE end -- selling worthless stock to naieve investors...AVOID!!!
Oral Insulin: Balancing Safety with Efficacy [View article]
If "Seeking alpha" continues to publish meaningless, transparent pumps by anonymous hacks from who have just appeared out of nowhere like "RJ STEFFENS" and "Abraham Gaines" writing for obvious boiler room scams like GNBT and RZ then it will become a USELESS website run by fraudsters.
Antigenics, Dendreon and Cell Genesys Find Hope in Overseas Treatment Approvals [View article]
Utter nonsense!...getting drug approval in Russia and many other companies is nothing more than a matter of seeing that the appropriate amount of silver crosses the right palms...they could care less the ultimate consequences...and although the FDA is strict, they NO doubt SAVE many more times the number of lives with their protocols than lose lives due to a POTENTIALLY beneficial therapeutic not making it through the sieve!...and were they not so strict we would be overrun by every kind of charlatan drug pusher and quack device scam imaginable at a financial cost to consumers of who knows how many billions.
Mr. Pluvia seems to think cooling towers in the middle of the desert will solve the problem...I provided a link in a previous post to the Lightning Dock site where apparently towers either didn't work or perhaps weren't cost effective...but you can also check:
...this talks about the difficulties of cooling at Empire Energy in Nevada...they managed to solve it with construction of cooling towers...but look at the photo provided of those things...how much did it cost to build those?...how much does it cost to run and maintain them?...I have to believe there is a significant amount of change tied up there -- perhaps as much as the geothermal pumps themselves. ...and, in case you don't understand, source water HAS to be pumped back into the ground once the heat is removed in order to not deplete the water table and WHERE that is done is very important...see the Empire link again -- they had to do more drilling to find adequately spaced reinjection sites that wouldn't affect the heat source.
Addendum...you brought up Ormat...isn't it interesting that Ormat paid 400-600 dollars an acre for the leases it acquired at the last auction...RZ, on the other hand, paid only FORTY bucks an acre...now did Ormat, with its 30-40 years of experience in geothermal, get suckered?...or did RZ, with its less than 2 years experience, get its money's worth?
Quoting from the Lightning Dock link you provided:
"In 1995, three binary power generators were moved in from Lakeview, Oregon – a 350 kW unit and two 400-kW units of ORMAT/SPS design (Photo 3). They were run for two session of approximately eight months each, but cooling water and the design of the heat exchangers/evaporators became a problem, thus the generators have been shut down. Mr. Burgett is attempting to acquire a cooling tower, as the spray operated cooling ponds are not adequate."
...ultimately, Mr. Burgett ended up just using geothermal to heat his greenhouses...I have to presume cooling towers never worked out since, as of 2006, the power plants are still offline:
...hence the importance of cooling: the refrigerant MUST be cooled so that it recondenses back to liquid for recirculation...since the purecycle necessarily uses a low boiling point refrigerant it's going to require significant cooling to transform it back into a liquid...cooling from 200 plus degrees backt to 165 degrees in 112-115 degree desert heat poses quite a challenge...has RZ discovered some new cooling method that they're keeping secret?...I doubt it...and note:
"Chena has been working on characterizing its wells for nearly 2-1/2 years, largely in anticipation of minimizing the stresses placed on the reservoir due to increased production necessitated by the power generation project. Initial injection well candidates were chosen primarily due to their distance from the proposed production area and the natural hot springs. However, additional testing showed that while these wells are unequivocally linked to the geothermal system/reservoir, they have low injectivity indexes which make them poor candidates for injection of any substantial volume of fluid under the low wellhead pressures planned."
...TWO and a HALF YEARS to find injection wells...that's just for TWO purecycle plants...and they had to move the first one after a couple of years because it started to affect the geothermal source...RZ claims to be aiming for FORTY FIVE plants yet have given no indication that they are even aware of the need for injection drilling...again, that's just an irrekevant detail to them since they're not really planning on ever selling electricity -- only stock...and they don't need no stinkin' injection wells to sell stock!
Addendum to prior post...should say there was NO mention of Amp or geothermal prior to january of 2006...also apologies for odd appearance of the post -- my JAVA appears to be acting up today.
...prior to that there was mention of Amp or geothermal anywhere I could find...and that deal was highly suspect given that Brent Cook was Raser's CEO and ALSO was a 2% partner in Amp at the time of the deal:
...and this was made even more suspect when Amp ended up being sold to Enel for 70 million -- far less than the 260 million the RZ deal was going to cost:
....with regards to Chena, indeed the cold water source is quite cold and Chena DEPENDS on that for function of the purecycle plants through the Alaska summer...but that's also why the ONLY purecycle geothermal plant in the world is located in Alaska...for nine months they can use cold AIR...and two pumps operating for just three months doesn't pose much environmental risk nor much risk to the water table...and remember that it's the DIFFERENCE in temperature between the hot source and the cold source that determines the efficiency of the purecycle plant...there isn't much cold air in the southwestern desert and I question whether RZ be able to find a cold source sufficient to operate the purecycle plants...nothing RZ has published indicates RZ has any interest in these details...and I believe the reason is that they don't care because they don't intend to ever actually operate geothermal plants...it's just an "idea" to pitch to suckers.
Sort by:
Latest | Highest ratedRaser Technologies: A Short Squeeze in the Making [View article]
"Consequently, just as one offense resulted in condemnation for everyone, so one act of righteousness results in justification and life for everyone."
....unfortunately, RZ's transgressions will condemn only its shareholders and the probability of management executing an act of righteousness is probably about that of seeing a pig flying overhead!...HAW!!!
Raser Technologies: A Short Squeeze in the Making [View article]
ADA's 68th Scientific Sessions: A New Look at Insulin Therapy [View article]
"Generex Biotechnology was also at this week's ADA event and presented convincing results of a 372 day Phase II study comparing Basal and Pre-Prandial Injection vs. Basal Injection and Generex Oral-lyn in Type-1 Diabetics."
...and if I'm not mistaken they have presented the exact same data at the ADA for something like FOUR YEARS now!!!...and what was the total number of patients?...uhhh, twenty or so?...and it was done in that mecca of scientific discovery -- uhhhh -- Ecuador??...and GNBT, of course, has a stellar record of accomplishments to its credit: losses -- massive; growth of stock outstanding -- exponential; probability of further dilution -- 100 per cent...the only ones that'll ever make money off GNBT are management, brokers and shorts!!
Raser Technologies: A Short Squeeze in the Making [View article]
"Once the production wells have been flow tested, independent third party analysis of the resource will be issued, which is one of the final conditions required prior to Merrill Lynch closing the construction funding for the plant under the terms of the Commitment Letter recently announced for the renewable energy project."
...wonder what'll happen if those "independent third party" analyses come back poorly!...and "credentials"???...man... has ZERO "credentials" in geothermal energy -- they blindly jumped in about a year ago when it was becoming obvious they couldn't squeeze much more mileage out of that idiotic "symetron" gizmo...and that "purecycle plant" -- from a Tribune story about RZ:
"...the company warns that the technology it intends to use at the heart of its geothermal energy production activities has a limited operating history and has been deployed only in a limited number of projects."
..."limited number of projects"????...uhhh, ONE project:
www.utcpower.com/fs/co...
...to be EXACT!!...I don't think you should be looking for a short squeeze to salvage your RZ investment anytime soon!...HAW, HAW, HAW!!!
Generex Biotech's Oral-lyn Granted Special Access Authorization by Health Canada [View article]
Indevus Pharmaceuticals: Nebido Has Lost Its Libido [View article]
Generex Biotech: A Breath of Fresh Insulin [View article]
"Anyone wanting the FACTS about GNBT should check my posts on Yahoo's GNBT message board...some of the things I've posted:
Apr-08: "GEN084-OL???...HAW!!.... cracks me up that the specific locations of all these clinical sites evidently is top secret!...goodness knows, they're scattered among cities from one end of the world to the other...but apparently no one is allowed to know the names of the hospitals, clinicians, etc that are actually involved!!!...goodness... a poor diabetic interested in participating to do?!!!...GNBT doesn't even list a phone number to call on their website!!...and isn't it interesting that "GEN084-OL" doesn't show up on any clinical trials databases?...gee, I sure hope Anna isn't committing fraud...I'd sure hate to see her have to go to prison!..."
1-Apr-08: HAW!!...one week GNBT announcesan "order" from India and a week it announces a "death spiral" convertible managed by that lone GNBT cheerleader: Rodman & Renshaw!!!...ain't it sweet!...Anna makes money...R&R make money...shareholders get -- uhhhh...well, you know...HAW, HAW, HAW!!! "
15-Mar-08: "Re: 25,000,000 yard sale.. who needs your approval?" ...this was in regards to notification of a future stock offering: "the best part is: "...for a price of not less than 70% of the market price at the time of such issuance..."...damn!..... I'd buy some if I could get it for 30% off!!...HAW, HAW, HAW!!!"
15-Mar-08 "HAW!...I see Bernstein grabbed... 15-Mar-08 05:16 pm ...a quick 50,000 share at 94 cents a share before bolting for the door:
yahoo.brand.edgar-onli...
biz.yahoo.com/e/080314...
...Amanatides left too?...HAW!...rats starting to abandon a sinking ship!...HAW, HAW, HAW!!
12-Mar-08: "HAW!!!...sweet 10Q!...wait a minute..aren't revenues supposed to be going UP????...I mean, after all, oralyn is selling like hotcakes in Ecuador and the Middle East, right??...and that koolaid spray they make is just flying off the shelves, right???...and old "Kaboom" is pumping people up everywhere, right???...but revenues DROPPED from 46,000 a year ago to 19,000??...well, at least those expenses keep going up!...wait a minute -- that's BAD, isn't it?...but, hey, I found one bright spot!!...the near exponential rate at which the number of shares outstanding keeps increasing means the loss per share doesn't look nearly as bad as it would have a few years ago!!!...HAW, HAW, HAW!!!"
11-Mar-08: "Re: GNBT Announces Phase III Started - When?...HAW!!!...don't get your hopes up!!...GNBT originally said they were starting phase III EIGHT YEARS AGO!...last year they said they would actually recuiting patients beginning in November, 2007...yet there is NO evidence they have recruited even one patient...they haven't even announced anywhere that prospective patients could go to sign up!...face it -- the company is a SCAM!...just another biotech playing smoke and mirrors in order to keep money flowing into management's pockets."
...make NO mistake -- this company is basically nothing but a hoax designed and managed toward ONE end -- selling worthless stock to naieve investors...AVOID!!!"
Generex Biotechnology: Oral-lyn Buccal Insulin Takes Center Stage [View article]
Anyone wanting the FACTS about GNBT should check my posts on Yahoo's GNBT message board...some of the things I've posted:
Apr-08: "GEN084-OL???...HAW!!.... cracks me up that the specific locations of all these clinical sites evidently is top secret!...goodness knows, they're scattered among cities from one end of the world to the other...but apparently no one is allowed to know the names of the hospitals, clinicians, etc that are actually involved!!!...goodness... a poor diabetic interested in participating to do?!!!...GNBT doesn't even list a phone number to call on their website!!...and isn't it interesting that "GEN084-OL" doesn't show up on any clinical trials databases?...gee, I sure hope Anna isn't committing fraud...I'd sure hate to see her have to go to prison!..."
1-Apr-08: HAW!!...one week GNBT announcesan "order" from India and a week it announces a "death spiral" convertible managed by that lone GNBT cheerleader: Rodman & Renshaw!!!...ain't it sweet!...Anna makes money...R&R make money...shareholders get -- uhhhh...well, you know...HAW, HAW, HAW!!! "
15-Mar-08: "Re: 25,000,000 yard sale.. who needs your approval?" ...this was in regards to notification of a future stock offering: "the best part is: "...for a price of not less than 70% of the market price at the time of such issuance..."...damn!..... I'd buy some if I could get it for 30% off!!...HAW, HAW, HAW!!!"
15-Mar-08 "HAW!...I see Bernstein grabbed... 15-Mar-08 05:16 pm ...a quick 50,000 share at 94 cents a share before bolting for the door:
yahoo.brand.edgar-onli...
biz.yahoo.com/e/080314...
...Amanatides left too?...HAW!...rats starting to abandon a sinking ship!...HAW, HAW, HAW!!
12-Mar-08: "HAW!!!...sweet 10Q!...wait a minute..aren't revenues supposed to be going UP????...I mean, after all, oralyn is selling like hotcakes in Ecuador and the Middle East, right??...and that koolaid spray they make is just flying off the shelves, right???...and old "Kaboom" is pumping people up everywhere, right???...but revenues DROPPED from 46,000 a year ago to 19,000??...well, at least those expenses keep going up!...wait a minute -- that's BAD, isn't it?...but, hey, I found one bright spot!!...the near exponential rate at which the number of shares outstanding keeps increasing means the loss per share doesn't look nearly as bad as it would have a few years ago!!!...HAW, HAW, HAW!!!"
11-Mar-08: "Re: GNBT Announces Phase III Started - When?...HAW!!!...don't get your hopes up!!...GNBT originally said they were starting phase III EIGHT YEARS AGO!...last year they said they would actually recuiting patients beginning in November, 2007...yet there is NO evidence they have recruited even one patient...they haven't even announced anywhere that prospective patients could go to sign up!...face it -- the company is a SCAM!...just another biotech playing smoke and mirrors in order to keep money flowing into management's pockets."
...make NO mistake -- this company is basically nothing but a hoax designed and managed toward ONE end -- selling worthless stock to naieve investors...AVOID!!!
Oral Insulin: Balancing Safety with Efficacy [View article]
Antigenics, Dendreon and Cell Genesys Find Hope in Overseas Treatment Approvals [View article]
Raser Technologies: The Long Case [View article]
www.energy.wsu.edu/doc...
...this talks about the difficulties of cooling at Empire Energy in Nevada...they managed to solve it with construction of cooling towers...but look at the photo provided of those things...how much did it cost to build those?...how much does it cost to run and maintain them?...I have to believe there is a significant amount of change tied up there -- perhaps as much as the geothermal pumps themselves.
...and, in case you don't understand, source water HAS to be pumped back into the ground once the heat is removed in order to not deplete the water table and WHERE that is done is very important...see the Empire link again -- they had to do more drilling to find adequately spaced reinjection sites that wouldn't affect the heat source.
Raser Technologies: The Long Case [View article]
Raser Technologies: The Long Case [View article]
"In 1995, three binary power generators were moved
in from Lakeview, Oregon – a 350 kW unit and two 400-kW
units of ORMAT/SPS design (Photo 3). They were run for
two session of approximately eight months each, but cooling
water and the design of the heat exchangers/evaporators
became a problem, thus the generators have been shut down.
Mr. Burgett is attempting to acquire a cooling tower, as the
spray operated cooling ponds are not adequate."
...ultimately, Mr. Burgett ended up just using geothermal to heat his greenhouses...I have to presume cooling towers never worked out since, as of 2006, the power plants are still offline:
www.geo-energy.org/pub...
...hence the importance of cooling: the refrigerant MUST be cooled so that it recondenses back to liquid for recirculation...since the purecycle necessarily uses a low boiling point refrigerant it's going to require significant cooling to transform it back into a liquid...cooling from 200 plus degrees backt to 165 degrees in 112-115 degree desert heat poses quite a challenge...has RZ discovered some new cooling method that they're keeping secret?...I doubt it...and note:
"Chena has been working on characterizing its wells for nearly 2-1/2 years, largely in
anticipation of minimizing the stresses placed on the reservoir due to increased production
necessitated by the power generation project. Initial injection well candidates were chosen
primarily due to their distance from the proposed production area and the natural hot springs.
However, additional testing showed that while these wells are unequivocally linked to the
geothermal system/reservoir, they have low injectivity indexes which make them poor candidates
for injection of any substantial volume of fluid under the low wellhead pressures planned."
...from:
www.yourownpower.com/P...
...TWO and a HALF YEARS to find injection wells...that's just for TWO purecycle plants...and they had to move the first one after a couple of years because it started to affect the geothermal source...RZ claims to be aiming for FORTY FIVE plants yet have given no indication that they are even aware of the need for injection drilling...again, that's just an irrekevant detail to them since they're not really planning on ever selling electricity -- only stock...and they don't need no stinkin' injection wells to sell stock!
Raser Technologies: The Long Case [View article]
Raser Technologies: The Long Case [View article]
www.rasertech.com/news...
...prior to that there was mention of Amp or geothermal anywhere I
could find...and that deal was highly suspect given that Brent Cook was
Raser's CEO and ALSO was a 2% partner in Amp at the time of the deal:
www.secinfo.com/d2U1m....
...and this was made even more suspect when Amp ended up being sold to
Enel for 70 million -- far less than the 260 million the RZ deal was
going to cost:
www.reuters.com/articl...
www.altenergystocks.co...
....with regards to Chena, indeed the cold water source is quite cold
and Chena DEPENDS on that for function of the purecycle plants through
the Alaska summer...but that's also why the ONLY purecycle geothermal
plant in the world is located in Alaska...for nine months they can use
cold AIR...and two pumps operating for just three months doesn't pose
much environmental risk nor much risk to the water table...and remember
that it's the DIFFERENCE in temperature between the hot source and the
cold source that determines the efficiency of the purecycle plant...there
isn't much cold air in the southwestern desert and I question whether
RZ be able to find a cold source sufficient to operate the purecycle
plants...nothing RZ has published indicates RZ has any interest in these
details...and I believe the reason is that they don't care because they
don't intend to ever actually operate geothermal plants...it's just an
"idea" to pitch to suckers.