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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Jan 9 9:30 AM EST

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To: per strandberg who wrote (108)7/16/1997 9:43:00 PM
From: Theo   of 4736
 
Per,

I have to keep reminding myself that it's not whether they hit oil or not, it's if the SOUNDER is a success. By that, I mean, the wells could come up flat. But, if after looking over the data from SOUNDER they could determine that yes, in retrospect, the data does, in fact, show that this well should have come up empty (or whatever) and that next time we have to interpret this particular data to mean that.....etc.,etc.,...intead of this..........................
So it's still a success in the broadest sense. In other words, failure could mean success as well.

Just a different scenario to mull over. Of course the tough sell would be to ask for more funding on a dud first drilling........
Theo
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