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

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To: rustyjack who wrote (68)2/26/1997 2:23:00 AM
From: S. Thomas   of 117
 
The story on AXPL is in fact much better than that of NTSA. If you look at the historical chart of NTSA you will see how thinly traded it was. When the scalpers are out watch what happens to the price.

As for AXPL it seems to have rebounded from $10. There is some degree of support at $10. The stock may go on to test $14 again.

If & when AXPL's patents come through, & there are more reports of successful tests, the price may not rest here.

As for why the big guys may not jump at a potentially good chance like this (if the Electrotelluric survey is as good as it is made out to be), read today's chapter on the continuing story of Fonar, FONR and its MRI patents.
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