There's an untapped energy source right under your feet. It's more abundant than oil; more reliable than solar, and cleaner than coal. And it was there way before the dinosaurs. In fact, I believe you are probably standing on the hottest alternative energy investment of all time right now.
Let me explain why:
There are some places on Earth where molten rock comes out as volcanoes—Mount St. Helens in Washington in 1980, or the Big Island of Hawaii today. Then, there are other places where heated water spews steam out of the ground like "Old Faithful," or the Geysers in Northern California. That's because the center of the Earth is incredibly hot, more than 8,000◦ F, and there is more energy locked up in heat than in all the oil on Earth—including the trillion barrels that we burned in the last 125 years and the trillion more barrels that we'll burn in the next 30 years. This steam is a powerful energy source that can be tapped to spin a turbine and generate electricity forever. You drill a well, install a turbine and a pump, and simply walk away and let Mother Nature do the rest. Once the steam is located, and the equipment is in place, geothermal energy generates an amazing amount of electricity for a much lower cost than oil.
Now, there are a lot of U.S. companies talking geothermal today, and a couple are for real, but they are in the throes of securing funding and building power plants. This one company is ready to literally flip the switch and start tapping into the Earth's vast resources of renewable energy, and this is the one stock investors need to buy today. See, geothermal energy is everywhere if you drill deep enough, but the easy-to-tap fields are in the Western U.S. That’s because in many areas of the West, the rock overburden is then enough to make very hot rock accessible. That’s especially true in Idaho, Utah, Nevada and California. After the first oil crisis in the mid-1970s, when Americans lined up for gas on alternate days of the week, depending on whether the last digit of their license plate was odd or even, the oil companies and government did a lot of exploratory drilling to find geothermal resources and found out that one of the hottest places on Earth lies right beneath Boise, Idaho—land of potatoes, magnificent river rafting, plentiful geothermal resources and the land of 200 untapped springs. Yes, Raft River, Idaho, is the one location that has proven how powerful geothermal electricity can be. During the 1974 gas lines crisis, the Department of Energy (DOE) built a 5,248-acre site as a geothermal research project. Over the next 8 years, they spent more than $40 million to explore and drill the reservoir and build a seven megawatt binary cycle geothermal plant. It worked perfectly. But the price of oil started to fall in 1982, and any Congressional support left for some weird “hot water” research project dried up, so the DOE shut it down. Twenty years later, and with perfect timing, the DOE gave complete control of the site (all 5,000+ acres and up to 1,000 megawatts of tapped geothermal potential) to one single private company… just as oil prices started to spike again. That one company went public and… that is the one stock I want you to buy right now. This Company’s Competitors Will Get Steamed! Like I mentioned earlier, there are a lot of U.S. companies talking “geothermal” today, but only one company is positioned to mine this untapped natural resource. Yes, a couple of “big guys” are for real, but most of them are only at the early stages of scrambling for leases or raising needed capital. Company X literally just has to flip the switch.
The drills are ready. The power has been mapped.And the facility is in perfect working condition.
With analysts’ meeting in a few weeks and plans to start drilling in September, this company has even increased the capacity of its first plant to 13 megawatts, and has already signed lucrative contracts to sell 10 megawatts to Idaho Power and 13 megawatts to Eugene Power & Light. Moreover, many utilities are now required to provide a percentage of their electricity from renewable energy sources, and they will be competing with each other to sign power purchase agreements for Raft River geothermal electricity. More contracts are expected shortly, only to be matched by more production capacity at Raft River and elsewhere throughout the country. DOE reports show that Raft River alone has up to 1,000 megawatts of power. That’s enough to power one million households (about three times as many as there are in the whole of Idaho). Company X’s management wants to grow a big geothermal company as fast as possible, and they are going to build on their gift from DOE to find lots more geothermal energy, whether that’s in Raft River or elsewhere across the country. The Raft River Project alone will make Company X a leader in geothermal energy and clean tech, attracting major Wall Street coverage and hundreds of institutional investors. Early investors are looking at lucrative profits and streamlined expansion plans, and should expect their first double in six to nine months followed by additional profits as the management builds out Raft River and expands into other hot geothermal areas. Company X is planning on flipping the switch, so to speak, in September after some quality assurance and testing. Raft River goes “live” on November 1 and will start filling contracts. Currently, this stock is selling for less than $3 a share, and with 55 million shares available, and I think it remains one of the best untapped micro caps you can possibly hope for this year!