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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 > News Release - Completion of Iceland Deep Drilling
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Post by R_J_ on Feb 09, 2017 12:43pm

News Release - Completion of Iceland Deep Drilling

Comment by R_J_ on Feb 10, 2017 5:05pm
[ Alterra closed up 6.76% today, Friday. Why? ] - Marin Katusa Comments. Quote: - Yesterday, Alterra Power released the results from its Icelandic geothermal drilling program. - - In short, I was blown away. - - This is the best geothermal well ever drilled not just in Iceland, but the world. - To put it in perspective, geothermal energy producer Polaris Infrastructure, which has a market cap of ...more  
Comment by materialsgirl on Feb 10, 2017 7:36pm
RJ We all know that Iceland has the best geothermal potential in the world.   That backdrop may be a good thing or maybe not.  If the Icelandic government force the electricity plants to sell below cost then the business is not a good one.  If the government will not allow the profits to leave the country then what is the point?  If you can never ever sell the business and ...more  
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