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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

Comment by Fineganon Dec 02, 2013 3:02pm
129 Views
Post# 21961019

RE:RE:Good news

RE:RE:Good newsCanyousay,

Personnally, I am glad to see BMO selling.  They were going to sell for sure anyway.  I wonder how many shares they still have left and hope the selling will not continue in the new year.  As for the other sellers they are doing what they have to do given the time of year (tax-loss selling) and I don't blame them one bit.  Everyone is in a different situation with their investment in TMG and it has been a long road.  I would much rather that they sell now before a contract announcement than into the volume created by a NR.  Hence, I would prefer that their be no contract announcement until the new year.

Many investors got a good deal on shares this morning and good for them.  It takes balls to buy when everyone else is selling.

Finnegan
Bullboard Posts