David and the thread,
Just wanted to take time and welcome you to the thread, I must say that I was a little annoyed at first with the third party 'cut and paste' ,and only from the stand point of were the info was coming from. ok ..lets talk CSMA.
I found a web site that is very informative about the class V injection process for any one who is interested in their investment with CSMA. This site was put together by the EPA,...and if all of you take the time to read this site you will have a better idea of what kind of rigorous standings a company must go through to qualify for approval.
site.net
That's what caught my eye with CSMA! If the EPA thinks that CSMA is a credible organization to run a facility like this, and meet the guidelines delineated in this web site.... their doing all the right things to run a profitable and long lasting business.
Please read the following excerpt from this web site and pay close attention to line 3 at the end. CSMA was smart!....they did not get involve in a subcategory of Class V injection were they would be heavily mandated with regulatory controls to the "ninth degree". If you all read the web site, it will be clear.
"Second, the Agency believes that the sheer size of the regulated community and the lack of facility specific data makes it difficult to consider a traditional approach. In order to examine options for this proposal, the Agency attempted to characterize the segment of the industrial waste discharge well population with a significant potential (based on the characteristics, volume and type of injected fluids) to endanger USDWs (see background document entitled "Class V Industrial Well Inventory Analysis"). EPA did not include in this analysis the industrial waste discharge wells which it believes are posing a lesser threat to USDWs such as:
(1) wells used to inject fluids from car washes where no motor or undercarriage washing is performed;
(2) wells used to inject wastewaters from laundromats where no dry cleaning is performed;
(3) wells used by food processors for disposal of washdown water from poultry, meat and seafood processing, and pickling operations.
As I posted on post www4.techstocks.com I will call my Environmental Scientist connection to find out the latest on the permit.
Dave thanks for the advice to "call in for your certs". I would never think this would be necessary with a company like Fidelity,...but just to be safe. The people who believe in the fundamental foundation being set by this company should call for their certs , or get the HELL out of BB stocks and buy some IBM! shorty just keeps giving more reasons to accumulate more!..its going to be a long winter for shorty when naked.
Invest long, die shorty. Good luck Neal |