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Gold/Mining/Energy : American International Petroleum Corp
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To: Juan Dominguez who wrote (5851)12/15/1997 11:18:00 AM
From: qdog   of 11888
 
1. Not really, as far as the acquisition. They will start processing and evaluation almost immediately. Couple that with it being an ongoing process. Other than that it hard to speculate. Let say that they layout over Chikuduk say 8 lines of 60 km long each by 16 lines ea at 20 km. that's about 800 km total line km. That is coupled with exisiting data. If the land is easily navigatable and accessible; ie flat like East Texas or Kansas, then it's easy and fairly quick to do. If it's rough terrain, such as dessert or similar to New mexico with mesa's then it is far more time consuming. I really don't know the terrain. Somebody might give a better idea.

Processing and evaluation is the time consuming process. They do have an upper hand in that they have existing data that if verified by the new then that process will be quickier. New data is differing from the old data then that throws some cold water on the processs and evaluation.

2. There may have been a typo or they are looking at exisiting data postulating that it extends further. Again I really don't have any idea about it from the limited access to information.

Realize that I'm trying to be broad and give you all possible scenarios in any and all speculation. We all have limited information and are relying at this time at want AIPN wants us to know. I had an amusing thought just now. Whatever happen to Huddleston? Are they still in the picture?
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