OTCPK:MGMXD - Post by User
Comment by
makaveliagainon Nov 16, 2016 6:21am
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Post# 25467038
RE:RE:Alterra slumping due to Trump? Rick Rule on BNN today
RE:RE:Alterra slumping due to Trump? Rick Rule on BNN todayI just got back from the San Francisco Gold and Silver Summit. Katusa who I know is a large Shareholder was saying did I go wrong with Alterra Power? Here is my reaction as someone who lives in Bernie Sanders Land of California. I will say I voted for Trump and am conservaite and pro mining and energy. None the less.....
California and other states are not going to burn coal and go back to other forms of energy. You could never sell it to these liberal morons. They even hate Carbo free Nucler plants even though they are being built world wide. It is very possible that Federal Government subsidies go away from several renewable sources thus short/buy puts Solar pannel manufacturers and maybe even Tesla. But comapnies like Alterra have on your buy list. Possibly buy in traunches. Renewables are not going away by any means. I have no doubt in the US Ultra Liberal places will continue to subsidize these resources on their own.
Alterrra is a great company, look for a place where it may bottom out. Potentially a great company to own long term if you can deal with the market noise.