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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 PutzMcGeeon Feb 02, 2023 10:42am
118 Views
Post# 35262186

RE:Obviously waiting for a NR ...

RE:Obviously waiting for a NR ...I'm not expecting much volume until we get some real news or the orders making up the Bid and/or Ask sizes are pulled.

What I always look back to is December 23, 2021. Massive rip on modest volume with no news. All we had to do was break that one order and it took flight. This sucker is capable of going parabolic if we can just get enough volume to blow the (artificially placed) cap on the price. That kind of volume is only sustainable if this company churns out something BIG. Until then, we wait...

JMHO
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