Bullboard - Stock Discussion Forum Maxim Power Corp T.MXG

Alternate Symbol(s): MXGFF

Utilities Utilities - Independent Power Producers

Maxim Power Corp. is a Canada-based independent power producer, which is focused entirely on power projects in Alberta. The Company acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. It also explores additional... see more

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Maxim Power Corp > Alberta Election

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Post by longrun86 on May 30, 2023 10:09pm

Alberta Election

Hi folks,

I am not a political expert (and don't live in Alberta) but seemingly the UCP's majority win over the NDP is a good thing for Maxim in that Smith has stated that Natural Gas should be a significant contributor to the Alberta electric grid.

The share price has certainly pulled back from the lofty heights from earlier this year. We seem to be nearing the comissioning activities at Milner. In some ways I am grateful to still be able to buy at these prices even though its not quite what I had in mind!

I would be curious to know if any of you Maxim folks are also Transalta shareholders?

Best of luck,

LR

168

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Comment by tinkvid on May 31, 2023 12:19pm

Agree, the UCP's majority win over the NDP is a good thing for Maxim. I do not hold any TransAlta shares. I have been buying at these levels and lower....if we hadn't had the mishap that caused the shut down I really believe the share price would be double as to where we sit today. Some Insiders buying from 3.50 - 3.80!

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