American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Sergio H who wrote (137)	7/11/1997 8:27:00 PM
From: richard hawkins	of 11888

halleluiah!!! Seldom have I seen a stock move like this one has in the last 3 days. It is a spike move. Spike moves are usually not sustainable and frequently result in at least 50% retracement which would set the stock back to 1 1/4 if it peaked today. But who knows where the peak is? The volume and momentum are sure impressive now. I have to express some skepticism after having been a suffering shareholder for so long and watched in agony as this stock punished its' owners year after year. The move seems to be based on the Kazakhstan concession but remember that the billion+ barrel estimate is based only on seismic guesses and one drilling attempt and that the "license" transfer has yet to be granted by the bureaucracy in Kazakhstan. . That caveat having been expressed, good luck to all shareholders new and old alike. PS: If billion barrell prospects are your cup of tea, take a look at Arakis (AKSEF) where the proof is in the pudding but not yet in the stock price.

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