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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: Deep Digm who wrote (1527)	11/18/1997 1:57:00 PM
From: alchemy	Read Replies (1) \| Respond to of 4736

Hey Deep: I view NAMX as a mini-Schlumberger. Back in '27 when the Schlumberger brothers developed wire-line logging, they had nothing but a technical edge. Now their company is pulling in $7.7B a year. The EMSounder can have a similar impact on the industry as the Schlumberger inventions. If they can establish the technology as a cost-effective adjunct to 3-D seismic and develop the next generation of GPR exploration tools, they could become a very profitable exploration resource company with a lot of potential. Right now, they need to build credibility through partnerships and by pulling in some cash. At $0.11 a share, the market is obviously saying, show me the money. marty