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Bullboard - Stock Discussion Forum 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 Discussion

Alterra Power > Alterra slumping due to Trump? Rick Rule on BNN today
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Post by James54 on Nov 11, 2016 3:46pm

Alterra slumping due to Trump? Rick Rule on BNN today

Alterra Power – Is a Canadian based alternative energy supplier. An extremely well run company by Ross Beatty out of Vancouver. Sprott and Rick are both very large supporters of Alterra. Rick believes sell off is due to Trump and worries over subsidies.

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Rick Rule Stock Picks
Comment by MOJOJONO on Nov 11, 2016 6:56pm
Looks like it. RNW, INE, BLX are examples.
Comment by StocksLynx on Nov 12, 2016 2:09pm
Here is the video interview with Rick: https://www.bnn.ca/video/rick-rule-discusses-alterra-power~993156 BTW, here is a recent Forbes article for the same topic: Renewable Energy Will Do Just Fine In President Trump's America https://www.forbes.com/sites/jamesconca/2016/11/10/energy-in-president-trumps-america/#603fde2e69ff
Comment by makaveliagain on Nov 16, 2016 6:21am
I 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 ...more  
Comment by BoldForbes on Nov 16, 2016 10:35am
https://www.cnbc.com/2016/11/16/big-business-calls-on-trump-obama-to-support-low-carbon-policies.html Green energy is most likely here to stay. Using oil, gas or coal for every the more you produce the more expensive the commodity. For renewable energy the more you produce the more efficient the technology and production becomes. BF
Comment by BoldForbes on Nov 17, 2016 5:57am
Could Trump be good for the US renewable energy space? He's rhetoric is "no Sauid Oil", OK, use US shale oil.  The fracking model is not environmentially friendly and not sustainable at low prices.  Higher oil prices combined with environmental externalities... 2 ingredients which could fuel renwable energy.  Trump knows how to market, not how to navigate. https ...more  
Comment by BoldForbes on Nov 19, 2016 2:25pm
"Fracking is a capital sinkhole for investors"  Jim Chanos https://finance.yahoo.com/news/jim-chanos-the-fracking-business-is-a-capital-sinkhole-for-investors-165451020.html Renewable energy seems to make more long-term financial sense than fracking... BF
Comment by makaveliagain on Nov 20, 2016 4:33am
I was able to speak briefly with Katusa at the SF PM Summit last week. He was saying how he dumped $1 mil CAD into Alterra at $6 CAD a few months ago in their last round of financing. He still is bullish on Alterra as many state and local governments will continue to push the Alternative Energy Industry. Ross Beaty is one of the best at making shareholders whole. I have no dobut it is the Trump ...more  
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