Amalgamated Exploration Inc (AXPL) Message Board

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

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To: S. Thomas who wrote (84)	3/13/1997 5:39:00 PM
From: per strandberg	of 117

I have tried to compare AXPL and IMMM. I have found AXPL's J Jackson to have several patents in the field. The invitation to the demonstration seems very convincing, but where is the info about the outcome? I thought that this was a scam when I saw redhot's recommendation, but I have not been able to come up with anything that indicates this to be true. IMMMs description of a radar device that measures reflected waves from layers 4000 m below the surface is quite beyond me. The data is very scarce but the picture of the chopper with a small antenna gives the indication of a high-frequency device. For such a device, the skin effect, determining the penetration depth, would limit the depth to some meters, not kilometers. A radar looking THROUGH hills and mountains would be VERY easy to sell to the defence industy. In short, what they have told about how it works has not convinced me. I also checked up on this Topper Gold and Grand National (same president). Not very impressive...TGC 7M shares at $.3 gives a $2M capitalisation. TGC is said to be paying IMMM $0.8M just for the survey of one area. I suggest careful research before buying IMMM. My thoughts, for what they are worth, ps

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