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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 Dragunovon May 23, 2024 11:21am
94 Views
Post# 36054020

RE:RE:Going back down to single digits!

RE:RE:Going back down to single digits!
Mostlyserious wrote: Glad you made a "nice profit" of a company that you thought would go nowhere.

Please list us some stocks that you think are real winners.



I made about $15K on TMG because there was a successful hype scheme perpetrated by the pumpers. I'm still very much convinced TMG isn't going anywhere - especially with Crossland at the helm. Have there been any sales made in Canada, the capital of climate change cult? How about in the US? Wasn't there an old guy hired to change that? Maybe I'm wrong. Regardless, no matter how big the backlog, Q results don't change.

I've been 95% in CXB, FVI, and SU lately. That said, I've been liquidating my holdings because I expect a Covid-style market shock soon. Lots of companies are strapped for cash, costs are going up, and the world is on a brink of something big. I will sit out of the market for a few months with cash, but NOT in the bank.

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