American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: qdog who wrote (5855)	12/15/1997 11:03:00 AM
From: taxikid	Read Replies (3) of 11888

again.. all of that to say lets see the drilling results.. i appreciate your candidness and again.. if you think a hunnert mill- $35 mill is what they will "spend"- that leaves em w/ $65 mill... less bond and operating exopenses and what we have $50 mill shares? i forget.. lets call debt $10 mill from the last round and other $5 that leaves us with +/-$50 mill or $1 p/share then we have all kinds of other operating expenses to take away.. so the stock could temporarily rise and the warrants added. BUT it seems to me that the licensing deal allows them only a few straws from which to suck oil from the ground if in fact it is there in sufficient quantities to withdraw.. i am going to go over the details of all this stuff again.. as for now.. i guess its just time to play momentum.. taxi we still can't stay above $5 can we..

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