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: timemizer who wrote (550)	8/12/1997 10:54:00 AM
From: alchemy	of 4736

Hello Timemizer: As far as I know,I think the only sure earnings we can count on will be from the UPR Helium/LNG plant which is slated for completion in the second quarter of 98. If we get a producing oil well in our first phase of the 50, they may be able to sneak some income in before the end of the year. I see this as a future earning play for 1988 with the potential of $180mm plus per year with continued growth from there. Boy, that sure sounds like hype, but look who we're playing with. UPR does not fool around with amateurs and is consistently profitable. The above figure is just a guesstimate of revenues from a dozen or so helium wells. Helium is sold at a very high premium compared to NG: LNG $2.33 per mmbtu vs. He of $55.77 per 1000cuft.. (I am not postive of the measurement unit , but it is more than 20 times more valuable than LNG.) And it sounds like the Carroll well is a doozie. marty

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