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: M. M. Jones who wrote (477)	8/9/1997 7:39:00 PM
From: per strandberg	of 4736

Mitch, Mcfd was used in the releases about UPR's new facility for extracting helium so I assumed that was a wellknown term. m3 is the European standard volume measurement "cubic meter". Actually it should be a superscripted digit 3, but I couldn't type that. Montgomery's estimates was about oil wells in general and , IMO, based on thin air (no helium).If you have the report, I think his phone number was included so you can call him and ask him what he thinks about my estimates. He was paid to come up with a high but not totally unreasonable number. I try, for my own sake, to be as realistic as possible. I tried to estimate the worth of the helium for a producing well, using the scraps of info I have. I also assumed 3 times as many shares issued. Comments about the guesswork used are invited, ps

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