American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Michael Dappert who wrote (869)	7/29/1997 2:40:00 PM
From: Bottom_Dweller	of 11888

Comments on New Article Anyone know what newspaper that article was in? His biggest point in the article was that they had no funding or cash. He then said they had received an offer of $25 million to help. He didn't say that this was much more than AIPN needed, nor did he say they were waiting for a better deal. Nor did he say that if they gave up 50% rights and took the current deal on the table, that would leave them with at least 500 million barrels of oil. A worst possible estimate would give them $.50 a barrel of this 50% share or four times the current market capitalization of the company. That's with plenty of money to get the oil out, or at least started. My comments on the article: - He didn't deny oil was there, (the biggest fear I have). The article reinforced that there was oil there. - The article will probably cause a significant short term drop, and then will end up helping because more people will know about the company than before. - Negative opinions are always good, they help clarify the truth. I just looked the stocks already on the way back up (I hope most of you didn't get knocked out on stop limit/markets). Cheers! Kyle..

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