Amalgamated Exploration Inc (AXPL) Message Board

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Gold/Mining/Energy : Amalgamated Exploration Inc (AXPL)

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To: DD™ who wrote ()	1/20/1997 4:00:00 AM
From: S. Thomas	of 117

Great Story! Buy the stock if you buy the story. Before you buy the story: Tell yourself the facts and ask some questions: There is no revenue, no earnings; This is a NASDAQ bulletin board (Pink Sheet) stock whose quotes and volumes are unreliable. All you have is this story. The float is small. Why doesn't RedHot buy it all up????? The RedHot guys also recommend that you buy the stock and Demand Physical delivery of the stock certificate so that the market maker can not short non-existent shares. Their explanations are not invalid--But I take from it also that Somebody is real keen to whip up buying enthusiasm and get the price of this baby as high as it will go, to make a very big fast buck. The sceptic in me further asks: If the story about this breakthrough technology is all true and the info. is now openly available (the company adverises it on the net), why do the big oil fish hesitate to gobble it up? In addition to telling the story the RedHot guys (this is a new internet newsletter, and the very first recommendation) drop info. that other Online BBs are getting interested in this stock. No real evidence when I checked. This story appeals to greed whether or not what it states about the technology is true.

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