RE: 5Wing Goose Bay $62 million cleanup Bennett is the closest and most viable option for Goose Bay's PCB contaminated material in Eastern Canada. They won't be trucking the material all the way to Swan Hills Alberta and onsite treatment options can't handle a project this size nor can treatment options like Horizon in Quebec.
This could be a Pottersburg sized overall project which is what is needed to push this stock over $3. Pottersburg took the stock from 10 cents to over $3 before settling back because of lack of new projects and news regarding what to do with all that money in the bank (post Pottersburg). Announcements of these projects which is what I believe Mr. Haber is referring to (in recent news release) in addition to other projects, will max out Bennett's treatment capacity for the rest of this year and extend into mid 2013. This will push their cash in the bank to over $100 million. If Bennett keeps trading at $1.60, it will definitely be the most undervalued stock on the TSX...lol
Anyways, I purchased some more yesterday at $1.65 to average with the few shares I purchased at $1.98.
Let's see what happens!