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Gold/Mining/Energy : American International Petroleum Corp

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To: Juan Dominguez who wrote (4767)11/6/1997 10:20:00 PM
From: NoMoney   of 11888
 
Nice Post and I agree!! AIPN has demonstrated that they will make good on the statement that Oil will be in the pipeline by late 1st quarter or early second quarter. They now have the funds to accomplish this and will continue to receive funds from the Refinery.
Basically, they are letting out the call that if you want to play you better start playing now. It would be a possibility to begin releasing more bits of info to show their strength. Such as more definitive seismic estimates.
It appears that whomever it was they were dealing with before wanted to keep everything quiet. For one reason or another now the silence is broken. All this financing just may be a part of the deal as the JV partner involved continues to finance them so AIPN has time to prove the concession and the partner keeps his stake in the findings.
Did everyone notice those stock prices they were throwing around in this agreement?? Apparently they do not consider them as unrealistic number. All the prices mentioned in the previous financing arrangement were met and exceeded.
It seems very reasonable to believe that with the Kazachstan players involved that they already know where the best place to drill is and that they are looking for more locations.
The ride appears to finally be getting a bit more exciting. The uptick on AIPN defied all the markets today which were down. That is a good sign.

Peace, NoMoney
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