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Thursday, May 19, 2011

Is BioteQ (TSE:BQE) a "BUY tech"?

One Year chart looks promising


Mining companies can no longer discharge toxic wastewater into streams, rivers and lakes, and so they must turn to companies like BQE tpo remedies.

BioteQ looks to be one of those emerging environmental technology companies worth researching, and accumulating prudently over time. After trading above $1 in January and February, the stock is now being accumulated between .70 and .80, though in a period of general market weakness as often happens during the 3rd year of a US Presidency, BQE could certainly trade lower in coming months. One strategy to consider would be to start picking up the stock now, with the intention of completing the position by the second Tuesday in December, which is generally the bottom after tax-loss selling and the launch pad for the year-end rally and the usual January optimism rise.

Here's what Google Finance says about BioteQ:

BioteQ Environmental Technologies Inc. (BioteQ) is an industrial process technology company. BioteQ has developed technologies for water treatment, sulphate reduction, and lime sludge processing. BioteQ’s process plants treat acid and metal contaminated water with concurrent recovery of saleable metals from the water and reduction of total dissolved solids. It is a water treatment company that applies technologies and operating to solve water treatment problems in the resource and power generation industries. BioteQ focuses on delivering lower life cycle costs for industrial wastewater treatment by removing dissolved heavy metals and sulphate effectively than conventional treatment systems, producing clean water for re-use or discharge, and recovering valuable metals from waste in the form of saleable products. Its customers include resource companies, utility operators, and regulators.

Google Finance information on BioteQ (TSE:BQE)

Water purification, wavepower, tidal energy stocks

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