American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: taxikid who wrote (5857)	12/15/1997 11:27:00 AM
From: qdog	Read Replies (1) of 11888

Well that in the strictest sense taxi. What it would do is fuel the fire that there is validity to claims of large desposits. Your figure doesn't factor that in. IF they do hit on the first well and find a prolific well......... Even a 1000 bopd well would be significant. What got me in trouble from the beginning on this thread and some that have departed to friendier and cheerier chat was the fact that everyone expects instant returns. This process is ongoing and time consuming the search for and production of oil can take years from the time of acquirng the lease to first oil. Folks were expecting $50/share by year end or even by next Q. I categorically dispute that notion and as time as past been vindicated by that. Even the only analyst following has $10 in the next 6 months, if memory serves me correctly.

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