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

To: Ray Juliano who wrote (4256)	8/5/1998 10:19:00 PM
From: Michael Opila	Read Replies (1) \| Respond to of 4736

Thanks Ray, This brings up some very interesting questions about NAMX. A while back in one of their news releases it was mentioned a "mother lode of helium". I am wondering if NAMX has any rights on lands near the Cheyenne Wells area. I have not had a chance to check it out yet...but I will. It would be nice to know what the details are with regard to them and UPR. In reading the article on reverse splits, the last paragraph was key regarding earning and improvement of a stock price. Granted, after the 1 for 100, my breakeven will now be $13...but if what they are trying to do can work it could get interesting. I will be watching this one on Monday with the new price to see where it goes as all of us will. I was also intrigued in the lack of volume after the news release of the split even though the price went down. They basically are giving two months for this float and supposed illegal stock to clear up and they just might pull it off. Most people think Stamm is slick...but I also heard that he is a smart guy. They even fought back with a news release defending themselves against our hero...PE... I don't think the FAT LADY has sung yet...don't forget this is one persons opinion Hunter...and you can disagree all you want...that's what the 1st amendment is for....freedom of speech. Michael