Alterra Power MGMXD

Robert McWhirter

[retiredcf]

Agree that the situation in Iceland likely contibuted to a weaker SP over that last couple of days. 
A second reason may be the FBI email fiasco that has at least temporarily weakened Hillary Clinton. For your interest, see below for her priorities. 

Of note, one of only two analysts to comment on AXY will be back on Market Call this Friday so he could probably address recent concerns.   GLTA

U.S. PRESIDENTIAL CANDIDATES’ ENERGY AND INFRASTRUCTURE POLICIES
 

HILLARY CLINTON
 

• Boost spending by an extra $275 billion over next five years, financed through business tax reform.

• Set up a National Infrastructure Bank.

• Reinstate Build America Bonds program, which offered subsidies or tax credits to incentivize investment.

• Support renewable energy production, including a significant increase in solar capacity, with $60 billion in projects and competitions.

• Allow clean energy production on federal lands.

• Increase public investment in clean energy infrastructure and related R&D programs.

• Strengthen efficiency/pollution standards; cut methane emissions; reduce oil consumption.

• Cut tax benefits for oil and gas companies.

• Spend $30 billion to support and invest in coal communities.

 

[materialsgirl]

retired one; Be careful.  Broad positives in an industry does not mean that the results of an individual company will be positive. A 30% subsidy to a wind farm (for example) sounds good.  And it is good.  The question is "who is it good for?"   Good for AXY?  Not necessarily so.  The buyer of electricity KNOWs all about the subsidy and all about total

[retiredcf]

I just threw out the Hillary piece as general info but fair enough. But if you need one bit of positive news, while Iceland will likely need to form a coalition government, its citizens came to their senses and the Pirate party finished third. GLTA