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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Jan 9 9:30 AM EST

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To: Sidney Reilly who wrote (278)	7/26/1997 7:17:00 PM
From: Theo	of 4736

Bob, >>"In standard contracts wouldn't NAMX share in whatever comes out of the wells, oil or gas?"<< I would think so. On the old web-sites' business page, it states: "Generally, a client would be required to pay the Company service costs to fly the EM-SOUNDER PROCESS over a project and where hydrocarbon or mineral deposits are established, the Company would obtain a 20% or greater interest in that resource. On-going farm-in interests will also be negotiated." Unfortunately, that statement leaves the door open for just about anything.... Theo

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