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Gold/Mining/Energy : American International Petroleum Corp

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To: faris bouhafa who wrote (745)	7/27/1997 11:31:00 AM
From: Sergio H	of 11888

Faris, if you must attack me can you please not be so long winded. It is difficult to respond to so much hot air. The main basis for your discomfort and the resulting hot air seems to be: <So, on July 10 you were not "aware that there was any activity by AIPN in Kazahstan". Amazing!!! How is it that with all your due diligence you failed to notice that on May 12 AIPN issued the following:" American International Petroleum Corporation Purchases 70% Working Interest in 4.7 Million Acre Concession In Kazakstan"??? Sergio, what happened? You bought AIPN stock without knowing the company was involved in Kazakstan? Shame on you!!!> Let's disect this, shall we ? How does the May 12 article state to you that AIPN has any activity in Kazakstan ? Go back and read the prvious news releases from AIPN over the past two years that have turned out to be dead ends. There was nothing in this news release that would lead me to believe that this would be anything different. The news release was referring to potential rights. The word potential seems to come up a lot when discussing AIPN, but it does not seem fitting. The company annual report and everything else coming from AIPN seemed to be focused on asphalt. Also you should now that I bought the stock long before Kazakstan. <Did it ever occur to you that they sold their South American properties because they needed to move quickly on a much greater opportunity...Kazakstan...that they felt would dwarf the potential of those SA fields? > You have got to be kidding. They sold their S.A. properties, their only source of revenue because they never stay on the same business plan for very long. BTW Where did the cash from that sale go ? I couldn't find a trace or referrence to it anywhere other then the stock in the purchasing co. Sorry that you don't find doing DD fun. Perhaps if you could clear up your flatulance problem it would be more entertaining for you. Sergio

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