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Gold/Mining/Energy : American International Petroleum Corp
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To: Thu Ra Tin who wrote (542)7/22/1997 12:57:00 AM
From: Taylor Mill   of 11888
 
This EKH guy is so off base ---- don't be fooled by this fantasy

If you want a practical approach to valuing this company's prospects look back to what I said in post 450. Just pick the values for the nice simple equations.

Let's see --- it's clear the shares are likely to get diluted; the potential reserves are low; the govt will get a substantial share; the NPV of oil is about $3 per barrel; a partner will great reduce working interest ownership....

Just do the math. And forget this $100 per share nonsense
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