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Gold/Mining/Energy : American International Petroleum Corp

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To: Sergio H who wrote (72)6/17/1997 11:32:00 PM
From: richard hawkins   of 11888
 
Sergio: <<<Yes, I am trying to find a positive twist here, but where is it?>>>

The asphalt production could turn into a cash cow. I understand that this is a very lucrative business and if AIPN still has the contracts with Coastal Corp., we have a fine customer to take all the asphalt. I will have to look at MIP more in depth and, assuming we still own this stock, there may be potential there. Most Canadian resource stocks are dragging right now but at least this one is listed on the Toronto and energy stocks in general look good to me going forward.

The Khazikstan concession could put our little dog on the map in the not to distant future and cash flow from the asphalt could be used to meet development expenses there. There is hope, Sergio, hang in there.
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