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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

Post by materialsgirlon Sep 07, 2016 9:45am
129 Views
Post# 25213304

I'm from Missouri

I'm from Missouri

The share price of AXY has done rather well in anticipation of better company execution.  In fact, a little better than I would expect.  We must all wait with heightened anticipation for the Q3 results.  It could go either way.  My guess is that we could touch a dollar a share quickly if financial performance is reasonable but we could go down towards 50 cents if Q3 is "same old. same old".   It would be crazy for any of us to be confident either way.  There is no way for us to know.  The bright spot is that management seems to have finally realized that Alterra is not intended as a comfy country club but rather shareholders expect the operation to be run as a real business.   So, we must all be from Missouri in this situation but we can still hope.
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I'm from Missouri

Prove it! Missouri's unofficial nickname is the Show-Me State, based on the inhabitants' reputed skepticism. Onelegend attributes the phrase's popularity to Congressman Willard Duncan Vandiver. While a member of the HouseCommittee on Naval Affairs, he said at an 1899 naval banquet, “I come from a state that raises corn and cotton andcockleburs and Democrats, and frothy eloquence neither convinces nor satisfies me. I am from Missouri. You have gotto show me.” Even people who didn't hail from that state could be heard to question something with “I'm from Missouri. . . you'll have to show me.”

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