SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Jan 16 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sidney Reilly who wrote (106)7/16/1997 9:05:00 PM
From: Theo   of 4736
 
Bob,

Quote Bob S.:
~~My scenario is this. They were successful and are still positioning themselves (and their friends) to be even more successful and also bloody rich. And getting ready for more drilling.~~

If this were true, I would think that First Sydney would be buying up shares to front the rest of the $5 million for the drilling of the rest of the "50 well deal." I would think then that NAMX would be anxious to release a statement to the affect that they now have the balance of funding needed to finance the additional drilling. Maybe that's where some of the larger blocks of stock are going?
Theo
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext