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 (247)	7/24/1997 8:38:00 PM
From: Theo	of 4736

Bob, >>"We certainly can find plenty of reason to be skeptical and I recommend caution to all "newbies"..." I am cautiously optimistic and believe the EM-Sounder does work within the limits the company has always stipulated."<< I, too, am cautious. The release does imply that the wells were dry. However, I did post to Per a few days ago a scenario of just that. I stated then that "failure could mean success" if the Sounder did, in fact, demonstrate NO data to suggest hydrocarbon deposits. But, I'm gun shy at the moment as to why they would drill an "empty" well? Unless it's as I stated to Per, that perhaps after going back over the data they decided their interpretation was wrong initially. Could it be that they are still trying to interpret the data as to what means what? I don't know. My guess would be that regardless of OUR interpretations, if they release a hard press release that states they have positively received their financing, then I might even consider buying more shares. It would mean {IMO} that whoever comes up with the funding must know that there is some merit to EMSOUNDER. For now, I'll sit back and take a breath. At least something has finally come out even if watered down. Waiting/dreaming/...hope springs eternal..;-) Theo

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