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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: Michael T Currie who wrote (1309)7/6/1997 11:04:00 AM
From: Theo   of 1480
 
Mike,
I think most of us here on this thread that are invested in NAMX (myself included) have been pushing for "quick" news to substantiate our investment. I think that with all of the adversity encountered, what with management turnover and the like, we lost sight of the fact that it may take *some* time to really "prove or disprove" the technology. You obviously know your way around the oil fields. Without holding you liable for anything, what would you consider to be an average time frame based on your experience? I don't mean NAMX, I mean in your line of work what is the average or usual time frame involved? (I know it depends on the number of wells drilled) Or is it so diverse that you can't draw an average?

I realize I keep prodding you, but, you are the first poster {that I know of} who has a real understanding of oil, drilling, etc.,...Thanks
Theo
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