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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 BoldForbeson Mar 13, 2017 4:14pm
145 Views
Post# 25973185

RE:Buy or Bye

RE:Buy or ByeNewstock44,

I know I am not selling.  I have built a position and I am sticking with it!  To sell at this price, even up slightly, would not do justice to the potential future of the company!

However, the market is potentially stating it is time to deliver.  We may currently be range bound.  If so, the time to invest more would be on a larger dip.  It is tempting here though, but I also just acquired (with a group of others) a business and will be completing a turnaround there.  I have (somewhat) control of that situation.  I would rather invest in something where my voice will be heard and I have a little more control of my future.

I am cautiously excited about the call this week.  I went back and reminded myself my earliest target is 2018, but I am in until 2020 most likely.  They should be able to execute by then.

I would like to see them move office space out of $$$ Vancouver to a "green" office space and use more green energy and recycling, etc. in their business.  I do not believe this is how they operate...

To the future,

Bold Forbes
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