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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: Zeev Hed who wrote (3882)6/9/1998 4:09:00 PM
From: Sidney Reilly  Read Replies (1) of 4736
 
Zeev,
I actually was not thinking of you when I posted the clown comment. I know you don't limit your horizons! <gg> Yes, I can think of a few reasons. Based on 144 million shares the cash value of the reserves is a roughly estimated $ .38 per share (if we can used the previously published numbers from Geophysic which nobody has shot full of holes yet). They do have a lease on the Nebraska land and do have wells that will be hooked up and producing revenue (someday--YAWN). They do have a agreement to drill on UPR land. They do have the financing to follow through on their commitments. A gamblers paradise!!

cya,

Bob
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