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

To: Hunter Vann who wrote (3811)	5/29/1998 9:12:00 PM
From: Sidney Reilly	Read Replies (2) \| Respond to of 4736

Why don't you just save SI the expense of storing all those releases again. We know the company has not delivered on many promises. They are not reporting as promised. No word even if they are still planning on it. We don't know anything and can't find out anything. Some have said they think there are 144 million shares issued with 200 million authorized, possible the float is enormous but no real number to rely on there. Several wells that we thought were newly drilled were old wells re-opened by namx. Someone trying to paint a rosier picture? The new wells drilled (7 or 8?) are for real. KNE is spending the money to hook up to all the wells. So they have some engineers that think there is money to be made. No Gruy report as promised. Gruy was upset about numbers being published credited to them which they did not authorize or release. NAMX has the right to drill on UPR land. That should be this fall. This is a troubled company. I'm down 85% as are many others here. Nuff said??