American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Sergio H who wrote (273)	7/15/1997 8:09:00 AM
From: Taylor Mill	of 11888

Howdy Sergio >>In light of today's events, I would very much like to hear Taylor's point of view. Have you changed your opinion Taylor?<< No way Sergio. Yesterday's "news" doesn't mean anything, IMO. NOTHING. They either have exploration rights or not. I saw little to make that appear in doubt in their prior reports. So the news doesn't matter. My guess is that it was actually a worked out transfer prior to last week or else they would have held off on last week's hype. So, IMO, it's just a piece of orchestrated timing to follow up and REPEAT last week's hype. What is unsubstantiated is any oil find. For certain people who seem to suggest that other people are playing "short" game, I am neither long nor short this stock. I have no axe to grind other than just being disgusted that finely worded PR can confuse the public so immensely. Everything about this disgusts me personally. Except I am very happy for innocent "players" smart enough to sell and profit off these events. Just look back and see how many people don't understand the industry BUT are ready to say that they believe this "news". Clearly few people know what it takes to truly identify, drill and prove an oil reservoir, let alone to do so on the grandiose scale that this "paper find" suggests from this nearly bankrupt company. There's several types of activities here. First my hat is off to the traders that KNOW they are playing the hype and watching the tape and are out to profit it from the rest of you. They are smart enough to know when to bail out. Then there's a bunch of guys who don't know a barrel of oil reserves from a can of Quaker State. Then there's Razor, Qdog, and a few others that know B.S. when they see it. These press releases are meaningless --- they say nothing. I could nearly as easy claim a billion barrels of reserves in my back yard. Reserves are proven when substantial dollars pay for drilling wells that prove large producible volumes. I strongly doubt that this company can locate, mob and get a rig on site for even one well without partnering or greatly diluting the shares AGAIN. Let alone prove develop and produce a major find. For those willing to look at the facts --- go to www.sec.gov and read the facts and then let a few of the oil experts here explain to you what it would take to turn these PR fantasies into reality. It is not a gamble that many would knowingly take. All in my totally honest opinion

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