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

To: Harry who wrote (492)	5/18/1999 10:52:00 AM
From: LowtherAcademy	Read Replies (3) \| Respond to of 571

Harry, Actually it's just not that cut and dried. Adda has contracts and supporting documentation to legally enforce their position re UP's contractural responsibilities. There are other forces at work that will demand that these get addressed. Frankly speaking, as upset as I am about this loggerhead being thown up by UP, I do believe that it will be resolved to Adda's benefit. So, believing that, I'd probably average down in a major way when I see the bottom finally stabilize. UP can bob and weave, but they and we know that this is going to have to be resolved as per contractual obligations by UP. Weatherford is going to have to deal with Winfield. Yeah that might be off in the future, but it is going to happen. So, what they hey. Lew