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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 > Iceland is in
View:
Post by Newstock44 on Feb 01, 2017 1:08pm

Iceland is in

You know those movies where number 2 and his boss take over the worlds power.. It all starts here in Iceland. Has anyone been there, I have not but would like to go, it was just named safest country in the world Oh and those hot springs are a #1 cheers to buying under 5
Comment by Newstock44 on Feb 09, 2017 10:05am
It should be called Warm land after today's news...Cheers
Comment by materialsgirl on Feb 09, 2017 10:53am
Newstock The latest Iceland news is of little importance for the share price.  It will be 2 years before we get a proper measurement and then another year or two to permit etc. Roughly, if the project ever goes ahead it will be 6 to 8 years before there is any revenue or cash flow. The news is potentially positive and could be a great asset in 2025.  But sadly, investors are not yet ...more  
Comment by CarpyDime on Feb 10, 2017 1:00pm
I seem to recall some discussion the need to drop Iceland, but it is proving to be one of the most important areas of the company. They are developing cutting edge processes and levels of expertise, and their investments there are aksi contributing to short-term revenues. Alterra is taking a long view rather than getting bent out of shape over immediate profitability. Personally I appreciate that ...more  
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