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

To: Sidney Reilly who wrote (2968)	3/18/1998 10:10:00 PM
From: ODLAW	Respond to of 4736

Thanks Bob, I appreciate the info. The one thing that puzzles me is that when namx was dropping last month it was doing so with only a couple thousand share trades at a time. I didn't see any large trades dropping the price. On an average day NAMX trades around a million. This jumps to 3 million before or around news time. I'm still trying to figure out why the UPR news which did bring trading up to say 4 million shares didn't help us. Maybe some stockholders became impatient because there wasn't any news for a couple of weeks prior to the UPR deal. My guess is that the UPR news would have came out sooner but that the language used in the news release had to be manipulated until both parties were satisfied. As you know language in a contract has to be pretty specific or different interpretations can result. Looking forward to more good news and digesting all the posts. Who knows maybe an overseas deal is next. ODLAW