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

To: Ray Desori who wrote (2189)	1/16/1998 12:46:00 PM
From: M. M. Jones	Respond to of 4736

Nobody knows how many shares. Probably somewhere between 60 million and 150 million. Don't panic yet. More news is coming, I believe. M.M.

To: Ray Desori who wrote (2189)	1/16/1998 1:03:00 PM
From: MarcG	Read Replies (1) \| Respond to of 4736

Hi Ray, Last week I posted, talk.techstock.com Yesterday, great news was released after the close. The high back in August '97 was approx. (Bob, help me out please) $0.40. Around that time, a second top was put in around $0.25. Looks like I'll be revising my forecast for January. I wouldn't worry about the volume unless we approach 10-15 million share days. We've seen these levels before. IMHO, this level of volume is very positive (note the dollar amounts). Good luck all! :)

To: Ray Desori who wrote (2189)	1/16/1998 1:44:00 PM
From: alchemy	Respond to of 4736

Hello Ray: I am an investor in NAMX. I do not have any professional role with them. I have made it a point to learn everything that I could about this company so that what the first Director did to us won't be repeated. I have spent hundreds of hours researching this company and have reported most of my research to this thread. Others have done the same. There has also been a lot of misinformation regarding this company which myself and others have tried to counter. Molly's guess about shares out is as good as mine. We will know for sure in April when we get the Q1 Report. Without question, I am the most bullish person regarding this company. NAMX is a little company with a very big technology. I like everything about this company right now. Its management. Its connctions. Its technolgy. Its attitude. Right now, the major critique against them has been the potential for dilution. We will find out in April. We have been told that dilution is not a problem by the company. That remains to be seen. Do your due diligence. Read Mike Currie's analysis of the EM Sounder. Read those of Bob Sturgeon, Gerald Underwood's and M.M. Jones. marty