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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Utilities Utilities - Independent Power Producers
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 Discussion

Alterra Power > Activity
View:
Post by Silvercat1 on Feb 20, 2014 12:39pm

Activity

Some nice volume today. +800k. Not often that appears, we had a volumune liek this for 1/2 a year ago.. This stock has been dead for like 1 year. It really test you =)

And some nice insider trades as well in form of stock option and for services...
Comment by cheapinski on Feb 20, 2014 2:04pm
I thought the same silvedcat.....dont see this volume often......news coming? this has been a very boring stock to own...why cant we get any appreciation?
Comment by carinthian on Feb 20, 2014 2:57pm
What kind of news have there been in your opinion to make the share price appreciate? A failed Solar partnership with Greenbriar? A JV leaving Alterra with 30% and first visible result 3 to 5 (at least what I have in my mind) years out? Buy of the 10% ABW Solar stake? Downsizing Upper Toba? Securing 100% in Jimmie Creek? JV in Italy leaving AXY with 45% and first result... no idea when? Sales of ...more  
Comment by cheapinski on Feb 23, 2014 8:43pm
thx for your thoughts carinthian, appreciate it.
Comment by carinthian on Feb 24, 2014 5:56am
U r very welcome. Unfortunately just because I wish it doesn't mean it's gonna happen. :-) At least natural gas has recovered so those refinery projects should show higher economics and if prices go up further (note: if not when) maybe they decide not to use natural gas for generating the electricity needed to power those facilites. Transcanada seems (if I look at their ...more  
Alterra Power