CVE:MXY

If geothermal power achieves its potential to become a significant contributor to the economy’s transition from fossil fuels to cleaner power, the best performers among these pure-play publicly traded companies will make their shareholders a lot of money: Ormat Technologies, Inc. (NYSE:ORA), Ram Power Corp. (TSE: RPG), Magma Energy Corp. (CVE:MXY), Nevada Geothermal Power Inc. (OTC:NGLP), and U.S. Geothermal Inc. (AMEX: HTM). 

Iceland is a country in a highly visible state of evolution, a vast volcanic island where the landscape is obviously alive. With shifting glaciers, spouting geysers, simmering hot springs, rushing rivers, and a number of active volcanoes, it's a place bursting with a bounty of natural power.

Magma Energy (CVE:MXY) continued their impressive global shopping spree of geothermal assets by outbidding competitors to potentially acquire up to 48.1% of Iceland-bas