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Stock Tip Tuesday
Water worth its weight in Gold 💰
Stock Tip Tuesday…
Bluemetric Enviromental Inc (🇨🇦 : $BLM)
NEWS
H20 Innovation 💧
When we think of valuable resources our minds always go for the shiny diamonds and jewels. However, sometimes the answer is as simple as fresh drinking water.
Freshwater is becoming increasingly valuable and scarce due to a combination of factors, presenting significant challenges on a global scale.
One of the primary reasons for the growing scarcity of freshwater is the rapid growth of the world’s population. As more people inhabit the planet, the demand for freshwater for various purpose
Climate change is a critical driver of freshwater scarcity. Altered precipitation patterns result in more frequent and severe droughts in certain regions and intense rainfall and flooding in others.
Water pollution and contamination pose significant challenges to freshwater availability. Agricultural runoff, industrial discharges, and untreated sewage contribute to the contamination of freshwater sources, making them unsuitable for use.
Honestly the list goes on and on and on. We as people are fucking up the supply and if you hadn’t released it is a kind of important substance.
So it goes without out saying if someone was to create a method or technology to solve this issue. They would be rolling in the cash.
Let me introduce to you Bluemetric Enviromental Inc.
THE PICK
Water worth it’s weight in gold 🪙
BluMetric Environmental Inc. is a Canada-based environmental consulting and water cleantech company.
The Company provides end-to-end solutions in environmental geosciences and engineering, industrial hygiene, occupational health and safety, water and wastewater treatment, and environmental contracting and management.
They also have a multitude of products they sell and I’m not going to bore you with the names, but their shit works !
That’s why Bluemetric is trusted to provide environmental solutions for various markets, which include mining, industrial and commercial, government and military. Its clients include land forces, navy, and commercial shipbuilding markets.
This only adds further weight to the value of this company, because how clear their product is needed across the board.
THE PICK
Government tried and trusted 👉
One key thing to look at when considering a stock that has a product or service it could offer to a government. Is, has it worked or gained a contract from them before.
If it has it is almost like a golden seal of approval and backing that their product is up to scratch and works. Not to mention they have proven by getting a government contract that your company did the due diligence, beat out the competition and made the cut.
Which is exactly what Bluemetric have done.
The company has previously signed a three-year, $11.7 million contract with Rheinmetall Canada to develop and self-contained water purification systems as part of a contract that was awarded by the Canadian Armed Forces.
And just recently announced that it has signed an agreement to supply a permanent installation for a turnkey water pre-treatment and purification system to a remote First Nations community in British Columbia. The contract, valued at $830,000.
I like the company and it has really gain some momentum in the last few weeks. Could be one to keep and eye on.
Thank you
That’s All Folks
Thank you for reading. Like usual. Not financial advice.
We own don’t own the stock. Full disclaimer here
Cheers,