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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 Jul 14, 2016 2:05pm
94 Views
Post# 25053099

RE:RE:Strategic Review

RE:RE:Strategic ReviewSimplyrun Rig

AXY has great potential.  The current crop of management has proven over 6 or 7 years that they do not have the focus, the thinking, the strategy or the executional ability to sail the ship.

A strategic review should least lead to a share price of $1 in the short term.

Recent buyers of shares at 40 or 50 cents may be feeling good and they should.

Remember that this recovery is subsequent to a nose dive from over $2  6 years or so ago.


A share price of 60 cents is still peanuts for a company this scale and a company with this revenue (going forward)  and potential.  Do not be fooled into thinking that 60 cents is "not bad".

It is bad and the credit rests with the Board and management

Strategic review.  Bring it on.

mat
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