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: Tom Allinder who wrote (951)	8/31/1997 7:01:00 PM
From: Sidney Reilly	of 4736

Tom, In your post, #3 mentions the shares outstanding and float must be small. It has been a problem finding out what it is now. Jan. 31st Mad Monk started the IMMM thread and said this <<17 million shares outstanding. Float about 5 million.>> It is likely to have gone up since then but we have only rumor as to when and how much. I discount most of the rumors because of the source, possible motives, and complete lack of verification. When the company did the mandatory exchange of certificates some shares were taken out of circulation which would reduce the float. But some increase must have taken place because of financing deal. The stock moves fast IMO when we get some postive news which would seem to show the float is still small. Do you have any new info on that? Bob Sturgeon ;-)

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