Amalgamated Exploration Inc (AXPL) Message Board

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Gold/Mining/Energy : Amalgamated Exploration Inc (AXPL)

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To: per strandberg who wrote (87)	3/13/1997 8:06:00 PM
From: Gerald Underwood	of 117

Per, If everybody was absolutely convinced that the IMMM device worked as advertised, you could not buy the stock at it's present price. The price will remain low until the element of risk is gradually dissapated over the next few months by the proving of the technology. For all intents and purposes the proving will be "Where is the money". As for small cap, everyone has to start somewhere. This appears to be a joint venture between Topper and Grand National so both companies capitol would have to be considered. Apparently if IMMM technology is good enough to convince these companies to up front $.8 mil plus farm-in of 35% then I would say somewhere along the line that they did some due diligence and were sold on the potential. Also why would IMMM technology be any less convincing than AXPL's. At this point in time we as investors can only put the pieces together and go from there. Isn't it fun? IMHO Regards, Gerry PS Maybe we could continue this over on the IMMM thread. Sorry to invade AXPL thread w/info on IMMM but that is where the questions were placed. I happen to be long in both stocks and from my research they seem to be somewhat complementary.

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