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Renavatio

09/18/07 9:53 AM

#53756 RE: monkeyfrog #53734

Primarily because the sub-lease claim was centered around United Soils, which was an owned subsidiary of Phoenix. The St. Tammany transcripts never mentioned Pontchartrain Materials and the judge had ruled against all the motions filed by Mitchell and Furr. The last thing to be resolved was Mitchell's claim that Phoenix was inaccurately accounting for tonage at the scales. The court had asked them to provide documentation for their accounting and that's when I got bored with the case and stopped reading all the documents. After all, no one else here was. IMO, and I'm not a lawyer, there was no accusation on the St. Tammany level that the court was in agreement with. They shot down the United Soils sub-lease. They shot down the eviction notice. They shot down the increase in the bond. They had delayed the case for 18 months. That's where I came to my conclusion.

Why does it matter to you what my opinion is? Am I an evil manipulator of this board because I was wrong in my conclusion? I still don't think they are going to lose the case. I still believe that they will keep mining while the appeal process continues. I still believe that they have a strong case for a counter-suit with Mitchell and Furr.

Ren