BEL ==> The New Year's Winner

[Karel]

Is BEL still alive? It would seem so...

http://biz.yahoo.com/bw/051102/25609.html?.v=1

Regards,

Karel

[jiesen]

Wow, Karel. Nice call, there. I just wish that I'd waited until you posted that to add to my BEL position. At least I'm feeling better about holding on through the worst of it all.

[Lyehopper]

Look at ECOL's fundamentals, contracts, etc. They are nailing down the business and showing real growth. Check out the directors. They are agressivly going after some "dirty military" sites too. http://www.americanecology.com/directors_profile.asp

I understand BEL bid this contract and failed (it was right down BEL's ally, but they could not get-r-done)... http://www.americanecology.com/news/..._05.asp#060805

ECOL's share price is very near it's all-time high (compare a 3 year chart), can't say that about BEL.

I agree that technically ECOL may need a little more time to base .... But Ugly? .... Anyway .... If you like this space ECOL is worth some serious research.

What do you see bullish in BEL's chart / prospects?

Bought ECOL again today.... Tested the 61.8% retracement line twice now and bounced off it nicely today and on 800% above average volume on NO news. I like ECOL again here. comments?

[Runner]

Lye, here is my 2cents on ECOL. Looks like a double bottom pattern forming here. Problem is the stock is in a downtrend and it trades wide and loose. It is under performing the sub sector My moving averages are all pointing down. I’d pass on it but who knows maybe it will work out for you!

[spikefader]

Man, every time I see that BEL weekly chart I'm reminded that one should never underestimate the power of a gap down on high volume.

[jiesen]

BEL update

http://biz.yahoo.com/bw/051223/20051223005145.html?.v=1

14400 tons treated, not bad. Shutdown for a month (routine), not too bad. Second plant will be tested for possibly coming online next year. Pretty good, just as long as they come up with the dirt. Show us the dirt, BEL!

Update Bennett Environmental
Friday December 23, 10:21 am ET

OAKVILLE, Ontario--(BUSINESS WIRE)--Dec. 23, 2005--Bennett Environmental Inc. (TSX:BEV - News; AMEX:BEL - News) announced today that during the final quarter of 2005 Recupere Sol Inc. ("RSI"), Saint Ambroise, Quebec, processed approximately 14,400 tonnes of material and has approximately 7500 tonnes of material in storage awaiting processing in Q1 of 2006.

Al Bulckaert, Bennett's President and CEO remarked that "he is pleased with the amount of production that took place at RSI in Q4". RSI is now taking a maintenance shutdown that will continue until the last week of January, 2006. During that time RSI will undertake routine maintenance that can only take place when the plant is not operating.

Bennett Belledune, which has 6,000 tonnes of contaminated material in storage, is still trying to obtain approximately 1,000 tonnes of contaminated material that is sufficiently contaminated with PAHs. This level of contamination is required so that the facility can undergo its rigorous compliance test. Further, the Company believes that by waiting until Spring 2006 the proposed costs of the compliance test will be reduced, as many of the input costs required for the compliance test will be better priced than are at the present time.

(I thought this belonged here rather than the BEL tech talk thread- Karel?)

[jiesen]

Go BEL!

Making a big move today...

http://finance.yahoo.com/q/bc?s=BEL&t=5d

[mrmarket]

Look at that little monkey (BEL) go.....

[Adam]

Bel

jiesen,

Big move for this one today. I like the update on the activites of the company. Obviously they provide treatment for these soil. Being in the environmental business I understand the treatments and reasoning behind behind different methods. The only thing that is a little odd to me are the volumes. Is this a small facility just getting started? From the reported soil volume it sounds like it is. I only say that because we move about 5000 tons plus per week. We either recycle (which is expensive) or reuse it as landfill cover. PAH's are a different animal though. Usualy much more expensive to deal with, which means lots of money if the facility works out....

Looked some more into it....Thermal treatment is so far the best final solution to the destruction of certian contaminents. They speak of this facility but I didn't get the location.

To give some comparisons:

Dispose of soils via landfill reuse- $12-18/ton tipping (limited contamination acceptance) Very limited PAH and PCB's Also there is liability involved when landfilling.

Encapsulating- $23.00/ton Tipping fee. No liability. Limited acceptance. No PAH's or PCB's

So where's that leave us??? Thermal Destruction...The current preffered method of complete disposal.

I tried to get an address of one of the thermal facilities but couldn't find it. Currently we use Mid-Atlantic Recycling Technologies (MART III) for our thermal destruction. This may be a Bennett owned facility but I doubt it. They have a pile over 100,000 tons waiting for recycling. (not PAH's) The facility is discusting unless they cleaned it up from the last time I was there. There's nothing like driving through a two foot deep lake of contaminated slop just to dump on the huge pile. If it is owned by Bennett I can find out real easy whether their operations are up to par. No good buisness person would takeover a facility and continue to run it like that.

Pricing $40.00/ton tipping fee!!! Down side is as fuel prices rise so does the cost of running the plant and the fees have been heavily increasing.

Now pricing for disposal of PCB and PAH's is much higher. If they concentrate on those type contaminents then the competition will be less and in turn can get more premium.
If contamination levels are to high half the time we have to ship it to Canada where the disposal and distruction laws are more lax. A local effective alternative would be welcomed. From the website it looks like they have many locations. Being of concern of mine in many ways, I will continue to contact the company and visit their facility if they have one in our area of operations(Tri-state).

[jiesen]

Adam,

I believe they operate 3 facilities in total, but only one generates a significant revenue currently. They're all in Canada, and the Belledune, New Brunswick facility was just recently built, but so far there hasn't been enough business to get it up and running. I think that the two significant plants (including the new one) focus mainly on PCB remediation, because the margins are higher. The problem with BEL has been one large contract that was supposed to be enough dirt for 2 plants turning out to be a dud. However, they're out scoping the market for more business, and if they land it, the second plant could be up and humming soon. If this happens, the stock should really take off. Sorry I'm not much more help right now, but I have to get going... I'll take another look later.

jiesen,

Big move for this one today. I like the update on the activites of the company. Obviously they provide treatment for these soil. Being in the environmental business I understand the treatments and reasoning behind behind different methods. The only thing that is a little odd to me are the volumes. Is this a small facility just getting started? From the reported soil volume it sounds like it is. I only say that because we move about 5000 tons plus per week. We either recycle (which is expensive) or reuse it as landfill cover. PAH's are a different animal though. Usualy much more expensive to deal with, which means lots of money if the facility works out....

Looked some more into it....Thermal treatment is so far the best final solution to the destruction of certian contaminents. They speak of this facility but I didn't get the location.

To give some comparisons:

Dispose of soils via landfill reuse- $12-18/ton tipping (limited contamination acceptance) Very limited PAH and PCB's Also there is liability involved when landfilling.

Encapsulating- $23.00/ton Tipping fee. No liability. Limited acceptance. No PAH's or PCB's

So where's that leave us??? Thermal Destruction...The current preffered method of complete disposal.

I tried to get an address of one of the thermal facilities but couldn't find it. Currently we use Mid-Atlantic Recycling Technologies (MART III) for our thermal destruction. This may be a Bennett owned facility but I doubt it. They have a pile over 100,000 tons waiting for recycling. (not PAH's) The facility is discusting unless they cleaned it up from the last time I was there. There's nothing like driving through a two foot deep lake of contaminated slop just to dump on the huge pile. If it is owned by Bennett I can find out real easy whether their operations are up to par. No good buisness person would takeover a facility and continue to run it like that.

Pricing $40.00/ton tipping fee!!! Down side is as fuel prices rise so does the cost of running the plant and the fees have been heavily increasing.

Now pricing for disposal of PCB and PAH's is much higher. If they concentrate on those type contaminents then the competition will be less and in turn can get more premium.
If contamination levels are to high half the time we have to ship it to Canada where the disposal and distruction laws are more lax. A local effective alternative would be welcomed. From the website it looks like they have many locations. Being of concern of mine in many ways, I will continue to contact the company and visit their facility if they have one in our area of operations(Tri-state).

[Lyehopper]

I know you fellas are mostly interested in $$MM$$'s BEL in the "dirty dirt bidnez".... I've got it on my daily screen now too and I might even pick me up a bucket of shares..... but.... please keep an eye on ECOL if you like this space. It has EXPLOSIVE potential.

[Websman]

I know you fellas are mostly interested in $$MM$$'s BEL in the "dirty dirt bidnez".... I've got it on my daily screen now too and I might even pick me up a bucket of shares..... but.... please keep an eye on ECOL if you like this space. It has EXPLOSIVE potential.

ECOL is a screaming buy in the VTP. BUY,BUY,BUY!!!! BWAAAAAHAHAHAAAAA!!!

[gerihearne]

BEL question

been following all the interest here in BEL .. up over 7% ... wondering: what are senior members thinking about a good exit price?
When will the bell-bottom out? (excuse the flash back )
________
Ducati 750 Imola

[Adam]

Tanks jiesen,

They will have plenty of waste for their facilities if they hit the right people. I have PCB projects that don't go anywhere because there's not many options. There is still the biggest problem. Transport of soils and contaminated material. Half the cost goes to getting it to Canada. I can probably find them their 1000 tons of PAH soils (depending on contamination levels) with a few phone calls this week.....lol....But then you got to get it to them. Unfortunately, I gaurantee the reason the operate the facilities in Canada is because the environmentalists think it's bad and the environmental laws are so strict in the US. They bury stuff in Canada that they won't even let you burn in NJ. I'm in NJ and we have the tightest env laws, but thats the buisness i'm in and if it weren't for those laws I might be washing dishes.

[mrmarket]

Oh BEL..I love thee very well!