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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Dick Jaffe who wrote (3952)	12/21/1997 5:42:00 PM
From: Kyle	Read Replies (3) \| Respond to of 11708

Anyone have guestimates for CSMA stock price early in the week? Additionally, are there any news releases scheduled?

To: Dick Jaffe who wrote (3952)	12/21/1997 11:10:00 PM
From: David Smith	Respond to of 11708

how would an old non-producing oil well be converted to a toxic waste disposal site? A facility needs to be constructed which contains the injection equipment and tubing. Costs can exceed $2 million. How would the walls of the well be sealed against the wastes seeping out into the aquifer? The well must contain on all sides many feet of non-porous rock which would prevent the migration of contaminants. The approval process requires that specifications be met to assure no leakage. Glass lined tubing going into the well is used to assure no leakage in the disposal process. What are the barriers to entry into this field by competitors as there must be many "dead" oil wells languishing around the landscape? Only a small percent of the wells would meet the criteria to be a disposal well. If there is porous material on any part of the well then the well is no good because fluids can migrate. The well would have to go through an inspection process and an approval process which takes time and costs money. After that, a facility would have to be built which can cost in excess of $2 million. David