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Gold/Mining/Energy : CRL,100% growth, EPS of .04 6months .39 stock -- Ignore unavailable to you. Want to Upgrade?


To: Ciao who wrote (129)9/3/1999 9:11:00 AM
From: Ross Orr  Read Replies (1) | Respond to of 177
 
I don't think the market understands the signifigace of this release. Sulphur and/or S02 has always been a huge detriment in gas processing and flaring. Having worked as a student in Olds Alberta at a gas processing plant we were inundated with the potential lethal threat of SO2 gas. If, as the release staes, there is 100 million cu. ft. of gas production shut in due to sour gas problems the potential to unlock these reserves is a significant breakthrough (ie. 100,000 barrels of oil equivalent). Interesting partners as well. Shell, no introduction needed, and Paques. Paques is a technology partner of BacTech, a company of which I am a director. Paques provides stir tank technology for the treatment of sulphide concentrates from the mining industry for base metals and gold and reduces the capex and operating costs for treating these difficult concentrates. They are a sub of NUON, a Dutch based utility with revenues of +$3.0 billion. Good company.

Ross