Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: M. M. Jones who wrote (2662)	2/12/1998 2:53:00 PM
From: Sidney Reilly	Read Replies (1) \| Respond to of 4736

Molly, <<The value of the field was estimated at $129,870,000 by Geophysik, GmbH exploration director Dr. Erhard Kohler using the Financial Times, January NTMEX price of $2.22 per MMBTU. As these reservoirs represent approximately 10 percent of the exclusive lease NAMX said that the lease could yield more than $200 million over the next seven to 10 years. >> If they estimated the value of the field they must have estimated the size of the reserves. NAE doesn't need to hire an engineering firm to add 2+2. You posted: <<I'm heartsick. I know that Paul Ebling knows the difference between estimating the value of a field given a hypothetical size for the field, and estimating the extent (size) of a field using appropriate testing techniques.>> You posted this as if you knew what you said was a fact which you can't. You have not confirmed anything with NAE or Geophysik. So what is your motive for joining in with posting misleading and unsubstantiated information as if it were true? That's a hypothetical question, I believe I already know.