There is nothing particularly special about a mining company. However, TMC The Metals Company ( TMC +7.59% ) isn't your run-of-the-mill miner. At least, it is hoping that it will be a different breed of miner. That's because the company isn't yet operational.

There's a lot to unpack here. And once you know the details, you'll see that investors hoping to set themselves up for life by buying shares of TMC The Mining Company should tread with caution.

What does TMC The Metals Company do?

Right now, TMC The Metals Company is largely an idea. The hope is that the company will eventually operate in underwater mining . To be fair, management isn't simply pitching a good story. It has been working to develop the necessary technology to mine the sea floor and to obtain the necessary a

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