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: CVJ who wrote (245)	7/24/1997 1:07:00 PM
From: Sidney Reilly	of 4736

cjac, We certainly can find plenty of reason to be skeptical and I recommend caution to all "newbies". I want to see some financing and another drill start. But I am cautiously optimistic and believe the EM-Sounder does work within the limits the company has always stipulated. The "scam" claims are far weaker after this news release IMO. A "pump and dump" does not seem likely to me. I think the release is aimed towards obtaining more financing and moving forward with drilling the next well as well as making the statement about EM-Sounder working. They have said many times there is a 50 well program, I believe them. It would be better if they would do a press release laying out the details and telling us who exactly is the "Colorodo land owner" though. I am not worried about the semantics of the release. Time will tell. Bob ;-)

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