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: cAPSLOCK who wrote (2201)	1/17/1998 9:02:00 AM
From: alchemy	Read Replies (3) of 4736

Hello Tilde Scroll-lock: This company has been a jigsaw puzzle since March. We have had to take the jumbled pieces of it and laboriously attempt to fit them together. The news blackout in the summer certainly didn't help things. Over the past three months, the pieces seemed to come together. The technology demonstrated that it can find a commercial site that may generate $200mm over ten years. Management has clearly shown that they know how to convert a field into a moneymaker and how to protect the interests of the shareholders. We have a tool that countries or governments can use to affordably "high-grade" large areas in a timely manner. Major domestic and foreign agreements are being finalized. The EPS should be the final piece that makes this company palatable to a large population of investors who won't touch this company without financials in hand. When the Q/1 financials are released in April, I suspect that we will see a lot of serious money come into NAMX. My guess is that after the Q/2 finanicals, we will begin seing the institutional investors who are chartered to invest in stocks less than $5.00. Until then, this company belongs to the individual investors and day-traders. We will probably see the volatility that we saw in August only I'm hoping this time it keeps ratcheting up after selloffs. marty

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