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Gold/Mining/Energy : Adda Resources

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To: Harry who wrote (501)	6/20/1999 6:25:00 PM
From: LowtherAcademy	Read Replies (1) of 571

Harry, I don't have anything of substance for you. I received a second hand synopsis of the meeting. Allan Laird resigned from the board, as he felt that there might be a conflict of interest between his being pres. of Arrowhead and a director of Adda. I don't look for anything to happen this year. If we can come to an agreement with UP re Cottonwood and Luman, and get them cleaned up, that would be about the best case scenario. So, this is a total yawn until that happens. One thing nice, you don't have to check the price daily. I'm just putting this away and letting it age. Obviously I wish that I weren't 20,00 leagues under the sea on this, but I can't change that now--I have no reason to get out at these levels. Good luck on your other investments--looks like Adda is stuck in limbo for a while yet--however, don't throw in the towel yet. Lew

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