Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Adda Resources -- Ignore unavailable to you. Want to Upgrade?

To: lostmymoney who wrote (538)	3/13/2000 10:53:00 AM
From: LowtherAcademy	Read Replies (1) \| Respond to of 571

Hi Mike, Yup, gas has moved up to the next level in pricing. I see it slowing moving up over the next few years. Heck as demand increases due to the switching over of gas to run electrical generation plants, more heavy trucks, home heating, etc I see the demand continuing to grow. I read recently that in order to meet demand there has to be something in the order of 750 wells spuded per year. Currently the article was talking about 150.... Actually I've been pleased about ADDA's move up from 03 to .09. Some of the other partners in the Winfield Ranch have seen amazing vol. and pricemovement. Most notably T&H Resources. Check out their vol. and movement over the last month. I believe that we are seeing people in the "know" positioning themselves for a settlement in favor of the partners. From what I hear the partners case is very very strong, i.e, they did everything right...metalurgists on site when pipe was pulled as it came out of the hole to give their analysis, affadavits at the time, etc. So, if poor ADDA can keep it together I think we will be handsomely rewarded. Regards, Lew Here's an interesting bookmark for ADDA. cdnx.ca