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Gold/Mining/Energy : American International Petroleum Corp
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To: Sycamore who wrote (4737)11/6/1997 2:45:00 PM
From: JT   of 11888
 
<Does this mean then that they are giving majority control of the
existing concession to a JV partner?>

Sycamore,

Just a guess, but I would say "yes". In my opinion, AIPC does not
have the resources in place over there to do any significant E&P
of the concession. Of course, I could be wrong. Either way, it will
be a "win" for the stockholders.

Regards,
JT
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