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: bob s. who wrote (1555)	11/25/1997 2:04:00 PM
From: alchemy	Read Replies (3) of 4736

Hello bob s: The information was a reply to my e-mail query. I asked Paul Ebeling how the third well was doing and he responded that once the flow test is completed Gruy will issue a report and the company will release the information. I suspect that we will hear some time next week. I think Gerald's comments are dead on. PR is not going to sustain this company-- earnings will. The fact that we will have three wells pumping revenue through a K/NE meter next week is very significant in the long term. All the market cares about is earnings. A penny stock with the magnitude of earnings that we should generate over the next six months will not be a penny stock for long. (That's my opinion, anyway.) As for PR firms, I hate them. They place an information barrier between the investor and the company. They don't know the industry. And nine times out of ten, the investor has a better understanding of the company than they do. I would much rather see an investor relations department that is a part of a company's corporate communications team. marty

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