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Maxim Power Corp T.MXG

Alternate Symbol(s):  MXGFF

Maxim Power Corp. is a Canada-based independent power producer, which is focused entirely on power projects in Alberta. The Company acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. It also explores additional development options in Alberta, including its permitted gas-fired generation project and the permitting of its wind power generation project. The Combined Cycle Gas Turbine (CCGT) expansion of M2 captures waste heat that would otherwise exhaust into the atmosphere and converts it into low carbon dispatchable electricity for the Alberta power grid. In total, it has about 600 MW of natural gas and wind development projects at various stages. Summit Coal LP is a wholly owned subsidiary of the Company that owns metallurgical coal leases for Mine 14 and Mine 16S located north of Grande Cache, Alberta.


TSX:MXG - Post by User

Bullboard Posts
Comment by MountainHikeron Jul 27, 2001 5:08pm
921 Views
Post# 4035208

RE: ... and a wha's happening furthermore...

RE: ... and a wha's happening furthermore...Unlike the companies you mentioned, this company is a microcap. The deals that have done might now be bleeding them of cash. And they may not be. But the key point is, a small company has less strength to deal with a downturn in the industry.
Bullboard Posts