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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: Sidney Reilly who wrote (3935)6/11/1998 9:23:00 PM
From: Cug  Read Replies (1) of 4736
 
As frustrating as the shenanigans have been (still are) with this company there may be one ray of hope stemming from the 700G financing. That is a fair chunk, and one must presume(hope) that whoever put it up was able to do some serious DD, with full and complete disclosure regarding the operations and assets of the company, and concluded that there was enough money to be made from the activities of the company to assure them the return of their capital, plus interest. I doubt very much that they would be looking at the share value for their return. If this is right we should hopefully hear about NAMX doing something right in the near future.Of course it might just as easily be wrong, if surreptitious, scuzzy manipulation prevails. Only time will tell. Best of luck to all.
Cug
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