NAMX -- North American Expl.-- Que Sera Sera! Message Board

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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!

NAMX 0.0001000

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Mar 7 3:00 PM EST

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To: Y-fall who wrote (2509)	2/8/1998 9:22:00 PM
From: Sidney Reilly	Read Replies (1) of 4736

Hi Paul, It's very hard to say where it will go from here. We are definitely in better shape than we have ever been before. Marty has done an estimate of revenue to be around 18 million per year after the 54 wells are all online. I have posted that our Net Tangible Assets are over $2 a share based on the Nebraska gas field reserves. That is only a small part of the total lease, so that figure could be just the beginning. The financials we are waiting for will clear up a lot of concerns when they are available. Go NAMX!! Have a good one, Bob

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