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

To: Ngo, Elizabeth who wrote (2602)	2/11/1998 4:50:00 PM
From: bob	Read Replies (1) \| Respond to of 4736

Ngo, Elizabeth, In the words of Mad Monk. I hope you have a moon shot here! Best of luck, Mr. Cockroach

To: Ngo, Elizabeth who wrote (2602)	2/11/1998 5:22:00 PM
From: alchemy	Read Replies (2) \| Respond to of 4736

Hello All: To clarify things, I am not a NAMX employee, nor am I consultant for them. I am a NAMX shareholder which, excluding Caps and Mitch, is not true of those who are attacking this company. Caps raised a major point with Gruy. They obviously would have preferred NAMX to submit a release based on published information, not preliminary flow data. Correct me if I'm wrong, but I don't hear Gruy saying that there's no gas there as Mitch has stated and I would be completely shocked if that was the case. Before we all rush off the cliff, let's look at what we are discussing. In the PR release, it states that the analysis will be completed later this month. At that point we will have a full report. I would suggest that we wait until the report is released before we act. That seems to be Gruy's point. The preliminary analysis based on the four-point flow test is secondary to the final analysis. So big deal. Let's wait and see what they come up with. <<The D Sands reservoir estimates are not included and will be reported when their analysis is completed later this month. As further drilling is done, the estimates of proven and probable reserves may be revised upward or downward, depending on the actual drilling results.>> marty