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Gold/Mining/Energy : American International Petroleum Corp
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To: Cathi Wierzbicki who wrote (4031)10/24/1997 6:42:00 PM
From: Laserbones  Read Replies (1) of 11888
 
Pessimism...? Did you also term this area: "appealing?"

Acutally, I answered your question rather well. Until a major actually comments that they would tag a given dollar value per barrel on what aipn "might" have, this is all nothing but interesting conversation.

The problem here (this thread) is that if anyone interjects anything other than the rosy wavelengths of ROYGBIV, people cannot understand i.e. won't understand this "contrary" position. There is nothing concrete in regards to aipn. That's the purpose of doing the science, to employ accepted methods of data collection and make the appropriate analysis based on such findings. There can be no bias of inference. WYSIWYG and that's all that there is.

Do I think that "majors" (beginning to hate that term...lets call them the moneyguys) are interested in seeing the final data pre exploratory drilling? Yep. But these cos have been burned in the past jumping the gun--they've also been rewarded. There is absolutely no reason why they won't sit back and be patient.

Of course this debate will only be answered by time. Based on my evaluation of available info there will not be any JV announcement for several months. That's my opinion. If anyone doesn't like it, ignore it.

AIPN needs to steady their present cash state, period. Short term revenues will do. Anything else is just the rumour mill winding in the breeze.

Greg
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