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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by Barrhaveniteon Jan 15, 2008 11:11am
346 Views
Post# 14204896

Irrational Exuberance

Irrational ExuberanceThese price predictions are totally off the wall but you can all dream. I bought in recently after a 5 year absence because I see a once troubled company looking rather stable but so much still needs to be done. Their isn't 20 mil shares like their used to be so some of these predictions need to be cut to a fifth. It will be years for Thermal to have a market cap of 300 mil and that is only IF contracts start rolling in from several areas. Thermal ran to $3 a few years ago for several reasons. The hype from Thermalonox, excellent market conditions as a fortune was being made from the tech and dot com markets and perhaps most importantly, Tom did not allow any insiders to sell shares. The run to $3 was not slowed down by insider selling. The irrationality of this board has caused so many who know the story so much better than all of you to lurk only which I did for the past 5 or 6 years. I don't know about the timing of news whether it be the first or tenth release but I want to believe that the market cap for TEI will be doubled by the end of 08 to 48 mil hence a share price of .42. For the sake of your contest erebel I proceed with caution and say .37. Something good will happen here sometime, someplace, somewhere but I do suggest all to be realistic.
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