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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: Hunter Vann who wrote (558)8/12/1997 11:40:00 AM
From: Theo   of 4736
 
Hunter,

~~~~~I can't forget what happened to TEIM, DACQ, & TRGC.~~~~

I'm the first to admit I don't know anything about those companies, other than what you have stated in the past. However, were any of these companies closely associated with a "big" player like UPR? I'd be hard pressed to believe that UPR would allow a "scam" to take place involving UPR. I know, I know,...look at Bre-X. But hey, lifes a gamble and you gotta admit, NAMX has come a long way since the beginning of the year. More so than I bet you believed possible?

~~~~~~From the press release, it appears that the Helium plant won't be finished till 1998. So, wouldn't that put actual income for NAMX almost 1 year away?~~~~~~

True, but what difference does that make? The entire market rides on estimated "future" earnings, albeit based on quarterly earnings reports. Remember too, NAMX is just getting started. How can they possibly have a "track record" with earnings and income? Almost all new companies start up in the hole. That is what most of us invested in months ago-- potential. If the technology works, and it appears to have caught MAJOR interest, then I'd be willing to believe that income and earnings will follow. I also believe that a core of us that have been in it for a while also look down the road for the "real" gain, and not the quick buck, I suspect, that alot of people are taking at the moment. While I certainly appreciate the price hike, I'm truly happier because of the interest in the technology that UPR and others have shown. That, to me, means EMSOUNDER works!! and that is where the real gains will be.

Just for laughs, pick up a couple shares! <BG>
Theo
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