Alterra Power MGMXD

RE:RE:Facebook to be Shannon's major power purchaser

[Harbinus]

Bold Forbes,

I wouldn't worry too much about mentions or lack thereof in the majority of the articles floating around.  Although it might not give so much of a boost to the stock in the short-term, the fact of the matter is that Alterra is actually partnered with Facebook on Shannon and can point to this model when dealing with other potential counterparties on future deals or when telling the Company's story directly to the capital markets.

It's great news in my book, no matter how the reporters spin it.  Hopefully there's more to come with this stock which is holding up very well so far inspite of a difficult general macroeconomic backdrop.  Although, I've heard parts of BC have been quite dry this year, and there are wildfires going on.  I'm not sure about the specific situation in Toba Inlet, but it isn't a stretch to think that there could potentially be dissapointments in Q2 generation figures from Toba-Montrose.