{"id":336,"date":"2007-03-06T07:36:27","date_gmt":"2007-03-06T15:36:27","guid":{"rendered":"http:\/\/www.montaraventures.com\/blog\/?p=336"},"modified":"2007-03-06T07:36:27","modified_gmt":"2007-03-06T15:36:27","slug":"bad-news-for-polaris-geothermal","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/blog\/2007\/03\/06\/bad-news-for-polaris-geothermal\/","title":{"rendered":"Bad news for Polaris Geothermal"},"content":{"rendered":"<p>\n<a href=\"https:\/\/finance.yahoo.com\/q\/bc?s=GEO.TO&#038;t=3m\"><img decoding=\"async\" src=\"https:\/\/montaraventures.com\/pix\/polaris.jpg\"><\/a><br \/>\n<br \/>\nA picture is worth 1,000 words. In one day, <a href=\"https:\/\/www.polarisgeothermal.com\/\">Polaris Geothermal<\/a> saw their market capitalization cut by more than 50%. Why? Because the government of <a href=\"https:\/\/biz.yahoo.com\/ccn\/070226\/200702260374764001.html?.v=1\">Nicaragua is questioning the validity of their concession<\/a> in the country. The company&#8217;s Nicaraguan subsidiary, PENSA, is already operating at 10MW facility in Jacinta and is actively pursuing plans to expand to 66MW over the next two years.<br \/>\n<br \/>\nTrue or not, the action by the government has had a big impact on the company. If the concession claim is upheld, expect a big uptick in this issue. If not, I would expect further decline even with the bad news already reflected in the share price.<br \/>\n<br \/>\n<small><br \/>\nIf you liked this entry, <a href=\"https:\/\/www.digg.com\/submit?url=https:\/\/www.montaraventures.com\/blog\/?p=336&#038;phase=2\">Digg It!<\/a><br \/>\nTune: <a href=\"https:\/\/phobos.apple.com\/WebObjects\/MZStore.woa\/wa\/viewAlbum?playlistId=29262672&#038;s=143441&#038;i=29262721\">Tell Me Why<\/a> by <a href=\"https:\/\/www.loslonelyboys.org\/\">Los Lonely Boys<\/a><br \/>\nTechnorati Tags: <a href=\"https:\/\/www.technorati.com\/tag\/energy\" rel=\"tag\">Energy<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/geothermal\" rel=\"tag\">Geothermal<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/stock\" rel=\"tag\">Stock<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/mike+harding+blog\">Mike Harding Blog<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A picture is worth 1,000 words. In one day, Polaris Geothermal saw their market capitalization cut by more than 50%. Why? Because the government of Nicaragua is questioning the validity of their concession in the country. The company&#8217;s Nicaraguan subsidiary, PENSA, is already operating at 10MW facility in Jacinta and is actively pursuing plans to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,18],"tags":[],"_links":{"self":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/336"}],"collection":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/comments?post=336"}],"version-history":[{"count":0,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/336\/revisions"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/media?parent=336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/categories?post=336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/tags?post=336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}