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EnigmaDude (87.06)

August 2014

Recs

3

Cadiz Water Project signs up another customer

August 28, 2014 – Comments (1) | RELATED TICKERS: CDZI , WTR

The floodgates have been opened now that the project has gotten aproval to proceed. Cadiz, Inc. (CDZI) has been aggressively pursuing customers for water delivery in San Bernardino County where they have been hit especially hard by the drought, which in turn has driven up the price for water. The latest customer to sign up for water delivery is Lake Arrowhead who signed up for 3,000 acre-feet of water at a price of $960 per acre-foot.  [more]

Recs

5

How to Benefit from Others' Misfortune

August 20, 2014 – Comments (5) | RELATED TICKERS: CDZI

In this case I am referring to the drought that has gripped California for most of the past 15 years or so and which has developed into a major catastrophe this year. Although I sympathize with the residents (and I myself grew up there and still have family in SoCal) there is an upside to investors. The Cadiz Water Project (CDZI) is well positioned now, more than ever, to advance in light of a recent court ruling as well as a new ballot initiative that will be on the November 2014 ballot.  [more]

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