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

To: Cug who wrote (2829)	3/2/1998 6:20:00 PM
From: M. M. Jones	Respond to of 4736

Well, Cug, what you say is true. But NAMX's successes to date could be purely luck. There is not yet any statistical proof that their finds are due to the emsounder. It will take a string of successes, objectively validated, to show the emsounder beats the exploration averages statistically. Actually, that could be accomplished in the next twelve months in the Nebraska field. We shall see. In the meantime having income from producing wells will help the bottom line and show that the company is serious. M.M.