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

To: Jim Wood who wrote (7890)	7/8/1998 12:38:00 AM
From: Steven Durrington	Read Replies (3) \| Respond to of 11708

Jim, I've been in CSMA at $0.75 for quite a while, and whilst not entirely happy with the current price, still think that the good times are soon to come. No sighs here. Just patience and a warm fuzzy feeling about the things about to happen. As we've thrashed over before, the class V disposal well should be the cash cow that propels CSMA's share price well north. At the lower end of the suggested $10-$30 disposal fees and a midrange of the 14,000 BPD capacity, Envirotech should still produce significant earnings. e.g. 5,000 bpd x $10 x 250 days/year = $12,500,000 or about $0.50/share. 10,000 bpd x $15 x 250 days/year = $37,500,000, or towards $2/share. Multiply by your favourite PE ratio and break out the champagne. Yes, it's been a long time coming, but when it does happen, sparks should fly. Remember that recently introduced legislation in Utah will greatly encourage waste producers to dispose of waste legally or risk substantial fines. And, Envirotech is the only class V around for several hundred kilometres. :-) Durro