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

To: bob s. who wrote (1555)	11/25/1997 1:20:00 PM
From: Gerald Underwood	Respond to of 4736

Bob, I don't post often, but do lurk from time to time. It would be my guess that NAMX does not consider PR to be very neccessary at this point in time. After all, its not like they are making public offerings and need a stock price boost for a capital influx. As much as we may disagree as stockholders, the company does not really need us or our contributions at this time. There is really no reason to accommodate our sense of PR timing or anything else for that matter. At some point, hopefully in the near future, this company will either make it or our stock will be worth even less than the paltry $.10 a share that it is now, but they aren't going to make it by press releases. They will take it from the ground. If anyone is still concerned about a pump and dump scenario, I would have to say this is not apparent. I am still holding long and still have hope for success with NAMX. Best Wishes, Gerry

To: bob s. who wrote (1555)	11/25/1997 2:04:00 PM
From: alchemy	Read Replies (3) \| Respond to of 4736

Hello bob s: The information was a reply to my e-mail query. I asked Paul Ebeling how the third well was doing and he responded that once the flow test is completed Gruy will issue a report and the company will release the information. I suspect that we will hear some time next week. I think Gerald's comments are dead on. PR is not going to sustain this company-- earnings will. The fact that we will have three wells pumping revenue through a K/NE meter next week is very significant in the long term. All the market cares about is earnings. A penny stock with the magnitude of earnings that we should generate over the next six months will not be a penny stock for long. (That's my opinion, anyway.) As for PR firms, I hate them. They place an information barrier between the investor and the company. They don't know the industry. And nine times out of ten, the investor has a better understanding of the company than they do. I would much rather see an investor relations department that is a part of a company's corporate communications team. marty