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: bob who wrote (249)	7/24/1997 7:04:00 PM
From: Sidney Reilly	of 4736

bob, This is from the July 1st press release; <<Ebeling said the company has received more than $1.25 million of a $5 million private placement commitment through First Sydney Capital Limited, Sydney, Australia.>> This from the July 24th release; <<Funding for this program should be available now that the EM-Sounder test program has been successfully concluded.>> Available from First Sydney or Petroclas? I would have liked them to go into greater detail. They said they already have 1.25 million. How many wells can they drill with 1.25 million. Two to three is my guess from cost estimates that were posted before. Let's go do it! Anyone who didn't know this was high risk when they bought please stand up! Bob ;-)

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