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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 ChasingWiLanon Nov 01, 2016 3:09pm
107 Views
Post# 25411761

Technicals or News

Technicals or NewsWithout news it is reasonable to expect the SP will approach will approach the 50 Day MA, around $0.10 by the end of the week (Just as DYA did after its initial run up) before the next leg higher.

With News a short squeeze will quickly push this over $0.20 IMO.

The question is do you want to chase other spec plays with zero revenue while you wait for 1 of these 2 scenarios to play out?

DYODD

GLTA
Bullboard Posts