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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: Gerald Underwood who wrote (240)7/24/1997 10:48:00 AM
From: Sidney Reilly   of 4736
 
Gerry,
They are saying that the EM-Sounder is a success but without giving any specifics or even mentioning the two wells they drilled. Just what I would expect given the current situation. Publicly stating the success of EM-Sounder is a confidence builder.
Volume goes way up a few days before the release but no price movement. Would anybody buy on this news? When the drill bit bites the dirt for well #3 then maybe there will be some buying. Good luck to "The Management", make us proud (and rich). Bob
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