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

0.0%

Nov 28 9:30 AM EST

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To: M. M. Jones who wrote (3906)	6/10/1998 10:57:00 PM
From: Zeev Hed	Read Replies (2) of 4736

M.M. Bob Sturgeon posted his reply, not the e-mail to him. I think that what Bob writes is his own to decide what to do with, and it was completely correct, IMHO to post it. I mentioned here (without verbatim copying) what my response was. By the way, Bob's was not as far as mine. Bob even refrained from mentioning what he believe a "fair valuation" of NAMX is (last, if memory serves $.38 based on gas in the ground). As far as this valuation is concerned, I think we should not take it at face value, for a number of reasons, including authenticity, the need to discount gas in the ground to present value, and the fact that there are costs associated with getting the gas out. Zeev

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