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Gold/Mining/Energy : American International Petroleum Corp

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To: NoMoney who wrote (5302)11/24/1997 4:55:00 PM
From: DRRISK  Read Replies (1) of 11888
 
Gang,
This PA is IMHO really bullish for the stock. This in perspective is really amazing when you consider that Mobil and Amoco made such a big deal with regards to their agreements with the Kasaks in Washington and little old AIPN on the back end of their deals makes what seems a more than incredible arrangement with enough wiggle room to make all parties involved happy. This bodes very well for the next stage of getting the JV deal signed. I see only one other possible announcement that could be forthcoming before the JV and that would be an update of the Wavetech evaluation of the Russiam seismology. I think that the bounce over $5.00 will come as the seriousness of AIPN as a real player emerges over the next few days. The image of AIPN and Dr. Faris as a bunch of screw ups is being shed and IMHO this step in conjunction with all the other Majors tooting their horns over their deals can only reflect positively on AIPN. It would be interesting to compare their deals to AIPN's.

DrRisk duly impressed by our little big guy
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