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Gold/Mining/Energy : American International Petroleum Corp

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To: john david martin who wrote (639)7/24/1997 6:06:00 AM
From: Ditchdigger   of 11888
 
John:<Also, how soon can a drilling or whatever other method they
use to confirm this large of a potential find. > IMO the company doesn't have a pot to p... in. It will have to have a bond offering, which inturn will begin the dilution process(then the value pros can recalculate). Once this has been done and add in the "potential" partners, which will drastically reduce AIPN share(remember they are starting with 70%), then the picture will begin to take shape.(then we can recalculate again)
Regards,
Kenny,
IMO, if announcement is made of partners,sell on the news, if you were fortunate enough to take part in yesterdays gains,you may want to think about taking a few cards off the table. I don't concider this stock as a holder,more a trading stock.
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