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Gold/Mining/Energy : Adda Resources

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To: Harry who wrote (518)10/6/1999 10:25:00 AM
From: LowtherAcademy  Read Replies (1) of 571
 
Well, if there is a bright side....hmmmm, I'm thinking...
oh, yeah, that's only worth $2500 US. Unfortunately, for
all of us doing that calculation, that represents a
SIGNIFICANTprice below our buy in.

Since there is no news, guess I'll just be throwing a couple
of thoughts out. Winfield Ranch is rumored to go to court
in May. Gas is higher now than in the last couple of years.
The GRB is a real heart breaker....UP has proven itself
to be the last company on the planet any one would JV with.
Well, as a final consolation, I believe the shell is worth
about twice what the stock is trading at.
I suggest that folks keep the UP thread and the AOW thread
subject marked for some interesting developments that may
ultimately prove positive for ADDA.
Oh, as if it matters, Schlumberger worked on the Cottonwood
a couple of weeks ago trying to clean up a 60' zone from
crap fracing two years ago by Halliburton. I don't believe
that UP has bothered giving ADDA the results of that work
yet.
Best of Luck to All of Us,
Lew
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