Welcome to Dave Forest's Pierce Points Free Daily E-Letter

Dave Forest's analysis on the natural resources sector has been featured on BNN, Kitco.com, Financial Sense and the Daily Reckoning. He has been a recent speaker at conferences in Calgary, Chicago, Las Vegas, Toronto and Vancouver. He is a professional geologist and formerly advised a worldwide client base on oil/gas, mining and renewable energy at Casey Research LLC. Dave currently serves as managing director of Notela Resource Advisors Ltd.

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From the Latest Issue...

Why Bank Profits are Good for Renewable Energy

August 20, 2010

Had a long flight home yesterday from South America. Lots of time to read through a pile of news on resource projects and financing.

Here's an important development that caught my eye.

Wind power developer EDP Renovaveis recently closed a $141 million financing with American bank Wells Fargo. The cash is going toward the development of EDP's Vento III wind portfolio, which holds projects in Oregon, Kansas and Iowa.

Read It

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The information provided in this newsletter is based on the independent research of Dave Forest and Notela Resource Advisors Ltd. and is intended solely for informative purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade any securities or commodities named herein. Information contained in this newsletter is obtained from sources believed to be reliable, but is in no way assured. All materials and related graphics provided in this newsletter and any other materials which are referenced herein are provided "as is" without warranty of any kind, either express or implied. No assurance of any kind is implied or possible where projections of future conditions are attempted. Readers using the information contained herein are solely responsible for verifying the accuracy thereof and for their own actions and investment decisions. Neither Dave Forest nor Notela Resource Advisors Ltd., make any representations about the suitability of the information delivered in this newsletter or any other materials that are referenced herein for any purpose whatsoever.
The information contained in this newsletter does not constitute investment advice and neither Dave Forest nor Notela Resource Advisors Ltd. are registered with any securities regulatory authority to provide investment advice. Readers are cautioned to consult with a qualified registered securities adviser prior to making any investment decisions.
The information contained in this newsletter has not been reviewed or authorized by any of the companies mentioned herein.