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


To: Jim B who wrote (2485)2/6/1998 2:09:00 PM
From: alchemy  Read Replies (1) | Respond to of 4736
 
Hello Jim, Bob and ALL: It looks like that cup and handle formation may be overflowing with gas.

Getting a report on the Nebraska fields without the D Sands is like reading Playboy without the centerfold. The D Sands are reef-like structures that wind below the Niobara. They hold a **it load of gas. It would not surprise me if we have 5 billion cu ft. in those structures when all is said and done.

I believe the market is saying that the Gruy report just confirms the Geophysik report. It does that and then some. This field keeps getting bigger and bigger. Remember, this is only 10% of the high-graded red-zone of the lease. In my opinion, NAMX will have very steady revenue from these fields for over two decades and probably longer. It is an excellent revenue stream for funding our exploration projects.

Go NAMX

marty