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Alterra Power MGMXD

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

Comment by materialsgirlon Dec 29, 2015 12:25pm
119 Views
Post# 24416877

RE:well, isnt this good news?

RE:well, isnt this good news?cheapinski;I

t is not clear if you are serious or just having fun.

The news is good in the sense that it indicates that they did not greatly overspend.

The news is worth reporting but it is not material enough to add 0.5 cents to the share price or anything like that.  It is more than fluff but not really material.

Good news may come in March when the 2015 financials and M D & A commentaries are released. They will release the January and February production results for Shannon.  The December numbers will be included in the 2015 results but the shortness of the time may not be so meaningful.

mat
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