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: M. M. Jones who wrote (2666)	2/12/1998 3:05:00 PM
From: Sidney Reilly	Read Replies (1) of 4736

<<You take that figure and multiply it times $2.20 and you get Geophysik's estimated VALUE of the field. >> I assume that that press release using 50.50 BCF is Geophysiks estimate of the reserves. It is the engineering company named in the news release. NAE has two engineering companies doing work for them. Geophysik and Gruy. You know that. You don't know that the 50.50 BCF is not Geophysiks estimate of the reserves. You're only assuming that 50.50 BCF is unrealiable for your own purposes. You are splitting hairs with nothing to back it up.

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