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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 fergus2on Sep 04, 2024 2:58pm
105 Views
Post# 36208455

RE:RE:RE:Jumped 10%

RE:RE:RE:Jumped 10%I liked the announcement. I liked Crossland's interview, which he seemed to handle with aplomb. I like the prospects going forward and the international scope of the company. I liked  the U.K. expansion this last year, and I liked Crossland's friendly welcoming posture for mergers and aquisitions.The M&A could be doable, but it could take time to implement, -no doubt the devil would be in the details. I think there are real possibilities here, -particularly with the oil industry who are struggling to re-invent themselves as carbon friendly, and the nuclear industry, that could more easily onboard theTMG technology because they are probably in a better position financially than than the oil industry, but it could allow them to demonstrate good corporate citizenship in an emerging green world. 

You have a much larger position than I Mostlyserious, but I think the prospects are good for all of the longs. I sit tight with my 180,000 shares and my daughter holds 100,000.     
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