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Gold/Mining/Energy : American International Petroleum Corp

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To: faris bouhafa who wrote (4039)	10/24/1997 9:15:00 PM
From: Zeev Hed	Read Replies (1) of 11888

Farris: Thank you for that very good insight into the goings in Kazachstan. If I read you correctly, the current valuation of AIPN should be about 7 to 8 on the low side and 14 to 16 on the high? I take 70% of the 1.1 times $.5 to $1 per barrle and aboput 50 MM shares. Can you confirm or are some of my numbers outdated ? Zeev

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