American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: faris bouhafa who wrote (1070)	8/2/1997 2:34:00 PM
From: Juan Dominguez	of 11888

Faris, AIPN has not recovered....at least not completely. It was trading at 3 1/4 before the dreaded Reuters hatchet job. Volume has tailed down the last 2 trading days. If the stock does not reach 3 this coming week, it will be a cause for concern, especially if volume declines under 500,000/day. If AIPN has to give up 50% to a major and be left with only 20% stake, what does that do to the potential stock price or at least fair value based on Bossey's $.50/gallon estimate? I am not expert in this industry so please excuse the question if its ignorant or "greenish". Thanks in advance Juan D.

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