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


To: SOROS who wrote (2288)1/21/1998 8:30:00 PM
From: Sidney Reilly  Respond to of 4736
 
Hi SOROS,
Welcome back! I saw you on TV recently in the news! There was a story about a billionaire named SOROS. I forgot the particulars but remembered so I could blow your cover! <ggg>
Talk about bickering, Hunter has got himself in a spot of trouble. He's trying to outrun the process server!<gg> Couldn't happen to a nicer guy. Revenge always backfires. Check out post #1852.
I'll let Marty answer your questions since you posted them to him. We will be glad to have you back on board as a shareholder, of course.

Have a good one,

Bob



To: SOROS who wrote (2288)1/21/1998 9:03:00 PM
From: bob  Read Replies (1) | Respond to of 4736
 
Hello SOROS,

All good questions. Good luck getting an answer.

If you ask about your flip-side to positive all you will be told
is "we are 9 for 9 in Nebraska" and the gas is flowing like the
mighty Mississippi river.

Share information is top secret. Don't even thing about getting that
information untill NAMX is a reporting company. When they will be a
reporting company is anyones guess.

Stop by more often.

Bob



To: SOROS who wrote (2288)1/22/1998 9:47:00 AM
From: alchemy  Read Replies (2) | Respond to of 4736
 
Hello Soros: We have been performing our due diligence with this company as well as we can. I will provide educated speculation in response to your questions. The company has been far more fothcoming with information than in the past.

1. The UPR deal went sour due to the malfeasance of the first director. UPR returned to the bargaining table based on the Nebraska site. If and when the UPR deal is signed, it will be as a result of Deborah Peppers, their new CEO, who has been the prime mover in smoothing the negotiations.

BR is also at the table to work out a deal that should be similar in scope.

2. There are two independent engineering firms assessing the Neb. fields. The first report was issued by Geophysik,GMBH attesting to $129.8mm in field value.

The Gruy report which I was looking for last week has yet to be seen.

3 & 4 We have asked for the shares outstanding repeatedly.

Unofficially, I have learned that the company is authorized to issue 200mm shares.

I have second hand information from another investor, who hs been correct in the past, that the outstanding shares total 110mm. Another says 80mm outstanding. To be safe, take the high one.

If we have 110mm shares outstanding then we can assume that some funds have come from the sale of stock to companies like Tridon and other individuals. I am not aware of any other "off balance sheet" financing such as partnerships. The float may be around 60mm.

I would bet on the authorized figure, the shares outstanding is more iffy.

I expect to see a Q1 earnings report in late April.

On a personal note, my radar has always been up regarding your posts. I do not like replying to individuals who abuse these boards. I recall your posting a bogus press release regarding this company. It was funny at the time, but people could have purchased stock based on your comments. I hope that none did. I also am very suspicious of people who do not have a profile, but dare to point accusative fingers at people who have bonafide profiles. My rule is to trust nothing that is posted by someone who does not provide a real identity and an e-mail. I requested your e-mail once and never received it. I am breaking this rule because I think your questions are important and have encourged other investors to provide me with their due diligence.

Do us a favor and don't play games with us.

marty