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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 (3982)6/20/1998 1:48:00 PM
From: Hunter Vann  Read Replies (1) of 4736
 
It is puzzling in a way because the wells are there and the value is
there. The fact seems assured that we will have revenue and survive


Doesn't matter if they had 200 wells pumping. If management can't contain costs, then they go under. It appears this is only one of the problems NAMX is now experiencing.

I'm assuming that NAMX will soon be delisted to the Pink Sheets and you'll have to give your broker a call to get a quote. < than a .01 in probably two weeks and left with nothing but a shell. It's sad, and I truly hate it for the honest and sincere people on this thread.
It's also quite apparent that the company had more problems than Ebeling(ouch, I can't believe I said that), although he certainly didn't help matters any. With his past record, one still has to wonder why in the hell Stamm hired him in the first place.
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