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Gold/Mining/Energy : American International Petroleum Corp

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To: Sergio H who wrote (1188)	8/10/1997 5:01:00 PM
From: qdog	of 11888

Well, well; I see faris is doing his best "to win friends". This from a guy who posted that Exxon has been drilling since 1972 in this region; Huddleston is in the same league as Schlumberger (who knows better to release any information about the wells they log) and other inaccurracies. This from a guy who loves to cast dispersion about those that have caution or doubts about this company and then shouts them down. Now it's the media has their facts all wrong and part of the conspiracies of "the oil experts". This from a guy who doesn't know the difference from geologist and geophysicist; seismic interpretations from well logs, from blowout preventers to derrick crowns; or the difference between potential and recoverable. Now "the real" story from faris is this is the deal of the century because the brother of the President is involved. There is a scary reason all to itself. Tengiz is the largest known field to date and it's a 20+ Billion dollar project that expects producing 600,000 bopd by 2010. Then he cast his dispersions on those with "alterior motives", well I own a 100 shares form my last go round with this stock in 92 and for the record from a long time holder, this is a company that had rights to a block in Colombia named Rio Negro. Hmmm, wonder if that is the same Rio Negro that HEC has??? Here is a supposed money manager that is in stock chat rooms hyping a stock. Yep, if you don't agree with faris he'll ridicule and shout you away. Frankly, both the Reuters article's and WSJ article's state that what is known; small oil company may have a 70% interest in a block that they get to pick 10% of before it goes back to be reauction which may contain a large field or two. A company that says they have enough money to drill two wells (which won't happen until next year at the soonest, according to AIPN), but are saying they want to drill "shallow" to get first oil as soon as possible. This is what they did in Colombia. Even the analyst that put a rating out on it says it's a "speculative buy, underlining speculative". None of those facts matter, because faris knows how to find oil reading stock tickers.

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