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Gold/Mining/Energy : American International Petroleum Corp

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To: Marty B who wrote (8142)	4/3/1998 3:36:00 PM
From: Hunter	of 11888

To all, I think it is highly unlikely that the JV deal will be wrapped up by Monday. This is one more way that GF is showing us he is now going to aggressively pursue JV's. I would bet that JV deal searches were put on the back burner until the seismic numbers were complete. It would make sense that GF would want his bargaining position to be better, though some would question how much better since no new wells have been drilled yet. IMO GF will eventually extend the warrants for another short stint (month or so) with the intention of getting a JV partner to sign in the next month or so. Good Luck Hunter

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