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Gold/Mining/Energy : American International Petroleum Corp

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To: Laserbones who wrote (5060)11/14/1997 8:32:00 PM
From: DRRISK  Read Replies (1) of 11888
 
Greg,
I laugh at all the mental mastubation on AOL and the reverence for Faris is truly amusing since his endless mis/dis/information goes unnoticed. This Aipn can't come to fruition any sooner then any other major negotiation involving hundreds of millions of dollars and all the oil in Kasakstan still needs the patience to shake out all the complicated factors. A lot of people are just addicted to the hype. I can't blame them so am I. My recent understanding of the PA is that there is a bonus factor that can range anywhere from a fraction of a percentage to +10% and that then in addition there is a sliding scale which is the royalty that is contingent on level of production that can slide up to 25% with high production. The royalty feature to the PA is apparently the component that is effected by the insider factor of having the Kasaks as partners. Anyway a slightly different wrinkle then what I have heard previously. For what it is worth? What did you think of the Nightline Piece?

DrRisk LOLAOL
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