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: Sidney Reilly who wrote (242)	7/24/1997 11:37:00 AM
From: alchemy	of 4736

Hello All: Finally, all of our lobbying for information has had an impact. I am not so sure that I would jump to the same conclusion as Soros regarding the drilling of a dry well. One of their goals was to test the accuracy of the EM results. The way to do that is to analyze the drilling logs versus the data. I would assume that being able to determine where there is no oil is as significant as determining where there is oil. Such data establishes the precision of the EM Sounder and the data could indicate boundaries of geological structures that could represent traps etc. The reason I purchased this stock was due to the technology. This release clearly indicates that its initial tests were successsful. It is fair to assume that we hit oil or gas. We all know that they were drilling to find oil. They certainly were not drilling to not find oil. That supposition is kind of ludicrous. As to the scientific proof of the technology, refer to Phill Curry's past posts. They need many more finds to establish such proof. I personally hope that all 50 are huge gushers, but realistically we are sure to hit some dry ones. Congratulations to Dr. Stamm and the gang. Now wouldn't it be nice to learn the contents and size of the reservoirs??? marty

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