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


To: Brian C McCallion who wrote (4165)7/27/1998 9:13:00 PM
From: T N  Read Replies (3) | Respond to of 4736
 
The way I see it no news is good. The last bit of news on 6/1/98 says
the new NAMX will be extremely forth comming therefore I dont see them sitting on bad news. This would be devastating to the stock
price. On the other hand sitting on good news wont get them in any trouble and allows their friends who are short more time to cover
and go long and give any type of run moore bang for the buck the longer they sit on the news. Did you ever eat a vegamite sandwich?



To: Brian C McCallion who wrote (4165)7/27/1998 9:24:00 PM
From: Sidney Reilly  Respond to of 4736
 
Hi Brian,
There is little to be encouraged about with NAMX. Even though the wells are certainly hooked up by now they will not tell us anything. The revenue must be there now but the company refuses so far to be accountable for it. The whole issue of being a reporting company seems to have been dropped by Stamm. We have to consider that the June 1st letter to us suckers was just smoke and Stamm is just buying time. There seems to be a struggle for control of the company, but I know little about it. It seems that Stamm has no intention of being forthcoming about anything concerning NAMX. I do not count on seeing a dime from this investment, but still hope for a miracle. I am looking for other investments. Where do the pipelines lead that the wells are hooked up to? To KNE in Nebraska or to Zurich Holding AG in Zurich Switzerland???

cya,

Bob

PS A real buying frenzy today, 3,000 shares?? WOW. <ggg>