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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 > Activity
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Comment by carinthianon Feb 24, 2014 5:56am
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Post# 22241256

RE:RE:RE:RE:Activity

RE:RE:RE:RE:Activity
U r very welcome.

Unfortunately just because I wish it doesn't mean it's gonna happen. :-)

At least natural gas has recovered so those refinery projects should show higher economics and if prices go up further (note: if not when) maybe they decide not to use natural gas for generating the electricity needed to power those facilites.

Transcanada seems (if I look at their presentation) quite sure that the two facilites at Kitimat and Prince Rupert will be built. At least they show that they gonna build the pipeline system ther from 2013 to 2018...

So I still believe in the potential of the company but would wish that they deliver some good news this year and show a clearer picture what their pipeline is regarding the 5-10 years timeframe. Of course a lot can happen but maybe one can get some indications what the keystones for their big projects like Bute Inlet will be to get forwarded.

Have a nice day!
carinthian
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