Maybe is right, we just don't know what the company does. Hardly transparent!, no conference calls, no news except new awards to hang framed on a wall
only if dennis is on the stick, ESPH should be all over the sands in canada and every other company with a hint of water processing is there already. Again, "the best technology that no one has ever heard of".
We are always late to the game. The FNES unit in canada is concentrating on small contained tank units. This calls for some giant configuration. Again, cost is mentioned over and over again. Damn the torpedo's, full speed ahead.
ESPH has the technology they they are trying to duplicate, why can't they crack the door?
Do they start their pitch with the words per barrel royalty?
he University and BioLargo, Inc. (OTCQB:BLGO) successfully demonstrated Proof of Concept of a promising new technology called AOS, or Advanced Oxidation System.
Come on Dennis, you have got to be kidding us. Get Corey off his rear end!
In addition to Directive 74, Alberta's Athabasca River water management framework sets strict limits on how much water oil sands companies can remove from the Athabasca River, with the goal of achieving a high level of protection that is balanced with the needs of the community, while also providing incentives for water conservation and innovation by water users.
Most Decontamination Technologies Not Cost-Effective
There are a number of companies that have been developing technologies to decontaminate the toxic wastewater tailings ponds, including companies such as GE Water (GE), Danaher (DHR), GreenHunter (GRH), and Aqua-Pure (OTC:AQPVF). Some regional players listed on Canadian exchanges are also engaged in finding solutions.
The good news is that they all have solutions that can work. The bad news is not that none are working well enough to scale to the levels required to decontaminate, in real time, the large volumes of wastewater involved in oil sands operations, nor are they cost-effective. As a result, wastewater tailings ponds, rather than shrinking, are instead growing at the rate of 177 million cubic meters per year; these are now confirmed to be leaking toxic waste into the groundwater and the Athabasca River.
University of Alberta Demonstrates Proof of Concept of Promising New Technology
The University of Alberta, considered a Center of Excellence for contaminated wastewater solutions, is the lead research center investigating wastewater technology. Dr. Mohamed Gamal El-Din, a leading expert in the area of water treatment and advanced oxidation, is heading these efforts and is funded by the Canadian government through the University of Alberta's Department of Civil and Environmental Engineering. The University and BioLargo, Inc. (OTCQB:BLGO) successfully demonstrated Proof of Concept of a promising new technology called AOS, or Advanced Oxidation System,
The big question is why with such a big need have they been unable to crack the door? Read below
Extracting oil from the sands is highly water-intensive and results in significant contaminated wastewaters; these are a ticking environmental time-bomb and threaten to constrain planned production growth.
Government and industry are pressing hard to find new technologies to address the wastewater issue.
Research is centered at the University of Alberta, which is evaluating new technologies for commercialization.
The environmental problem with oil sands production is a matter of managing an enormous volume of toxic wastewater tailings from operations. Recovering one barrel of oil from sands requires anywhere from 2 to 4.5 barrels of heated water. After the heated water frees the oil from the sands, it becomes toxic and cannot be returned to the environment until it has been safely decontaminated. The wastewater is usually alkaline, slightly brackish, and carries high concentrations of volatile organic compounds. If there were a way to decontaminate this wastewater, it could be safely returned to the water table, but so far, no cost-effective solution has been found. Instead, massive quantities of contaminated wastewater are being temporarily stored in vast tailings ponds stretching further than the eye can see. These wastewater tailing ponds now cover a staggering 170 square kilometers and are approaching 1 billion cubic meters in volume. A federal study recently confirmed that these massive tailings ponds are leaking toxic waste into the groundwater and the Athabasca River, the water lifeline for the region. A Google search of "oil sands leaks" reveals hundreds of hits of various leaks, confirming the severity of the problem.
I've got to give you a thumbs down on this one cust. Badger has his points. We all have a unique point of view and I'm the only one who is right all the time.
Awards don't mean #$%$. Even successful companies can make bad investments. Perhaps if FNF bought the entire shooting match there would be success.
You may be right, but ET suffers from a plague called Mcquire. He runs this company like a private company who has to answer to no one, while he pursues whatever in private
Well, if during that 2 year time frame they were trying to loose 60% of the share value, they did a great job. During that time frame they succeeded in killing off their only sizable client, loosing all that support and maint business on 14-16 machines and not collect 1 single nickle of royalties. All that success, thanks to "the LID"
In all my years of investing, this company has only been out done by the chinese reverse mergers which have no business being listed on any exchange. The only thing this company has done to raise shareholders value is the 5% special dividend, which in its self made absolutely zero sense!