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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Utilities Utilities - Independent Power Producers
Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Sale
View:
Post by veracruz on Jan 09, 2015 7:35am

Sale

Alterra is selling Soda Lake geothermal site... See website
Comment by bob4977 on Jan 09, 2015 10:28am
Soda Lake always seemed to operate at a loss so that is good news as far as I am concerned. Bob
Comment by R_J_ on Jan 09, 2015 11:29am
News Release Alterra Power Announces Sale of Soda Lake Facility Sold to Cyrq Energy, operator of geothermal plants in Utah & New Mexico, for US$8.5 Million. - https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2015/Alterra-Power-Announces-Sale-of-Soda-Lake-Facility/default.aspx - RJ
Comment by Newstock44 on Jan 09, 2015 11:35am
Agreed 1 million last quarter, maybe the company should buy back some of the stocks now, just my thoughts cheers..
Comment by veracruz on Jan 09, 2015 1:28pm
It is good, just moving their chess pieces, sacrifice something small for a better move. I think we'll see what this couples to within 6 weeks,
Alterra Power
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