American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Tom R. Clarksburg who wrote (4724)	11/6/1997 11:43:00 AM
From: JT	Read Replies (1) of 11888

Tom, Here's my take on this additional financing info. First, AIPC got the short-term $10M financing to cover things until the JV deal is in place. Second, they are working on a 9-figure financing package because they plan to go shopping soon (in Kaz or some other CIS country) for other concessions. They will need the financing in case the JV is not signed in time to get the cash influx needed to bid. If the 9-figure financing is announced soon and before the JV deal is announced, then look for a major concession bid/purchase to happen VERY soon. Anyhow, that's my best guess. Why else would they need $100M plus? Things are falling quickly into place for a big move in the stock! What does everyone else think? JT (very long, very patient, VERY excited)

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