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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 (4370)	8/21/1998 8:47:00 PM
From: Sidney Reilly	Read Replies (1) \| Respond to of 4736

Well, the week ends with a wimper. We have lost 75% of our post split value in one week. This price is the same as 1/2 cent per share before the split. No word from the company on any issue. I don't expect any. I expect more of the same for the next couple of months at least. Did we start drilling any new wells? Is the UPR agreement moving forward? The only thing we are sure of is the 9 wells are metered and pumping, but we don't know where that revenue is going. Rumors that Hoefle Oil, Billings, Montana, was granted a 40% interest in the NE field and is over paid for it's services, instead of receiving the 1/8th they were originally supposed to. Does any officer of NAMXD have an interest in Hoefle Oil? We need real answers to hard questions before we are taken for every dime this company ever gets out of the ground. But this company will not tell us anything. So we have to demand answers through legal means. Bob