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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 by User

Alterra Power
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Comment by oilandgas111on Sep 16, 2011 6:02pm
231 Views
Post# 19052368

RE: RE: RE: RE: RE: RE: Beaty Executive Chairman

RE: RE: RE: RE: RE: RE: Beaty Executive ChairmanI do get ur point GreenGenie,
But the fact that since he quit its position the stock is collapsing. Investors does not like it at all (lost more than 30% since Beaty left its CEO position whereas in the same time the vancouver venture index was a bit up) . Beaty just send a bad signal to the market.
As I said before we will go to 40 cents where we should find strong support based on 4 times Free cash flow like others geothermal companies are valued. The premium the market was paying because Ross was the CEO is just deseapearing. This is a fact.
I will be buying at 40 cents coz I think in the very longterm it might be a good investment.
GLTA
Best Julien
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities