OTCPK:MGMXD - Post by User
Comment by
coalmoleon May 10, 2013 3:35pm
174 Views
Post# 21364450
RE: RE: RE: RE: Alterra Power Corp. NR
RE: RE: RE: RE: Alterra Power Corp. NR Alterra will benefit, as a lot of other similarly focussed juniors, when the North American gas prices strengthens. Low Nat Gas prices undercut any and all renewable stories that trade on any North American exchange.
This is same thesis applies to coal as well.
If you're going to get long, get comfortable. It's a great story with great management, but macro winds affect retail appetite. In times like these, buy it and forget it, or as in Saskabush...plant now, harvet later.