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Gold/Mining/Energy : American International Petroleum Corp

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To: sand wedge who wrote (6191)	1/3/1998 5:02:00 PM
From: Laserbones	Read Replies (2) of 11888

That same theme has been discussed on this thread. Both qdog and Taxi mused about this a couple months ago only to be set upon by the nits. According to a certain Kasakhstan geologist, the Soviet data on this concession sat in a lost file cabinet for years--although he stated that he was well aware of the real truth concerning this area. He also mentioned that with the break up of the SovU, money to continue evaluation of the pontential fields "dried" up and along with the discovery of a nearby field with producing wells, interest in aipn's holding dropped and the existing wells were abandoned/capped. I find it very suspicious that the Kasakhstans would so easily leave a well(s) that was/were a clear winner. Another great question is this: If the Kasak gov did in fact think aipn's area had such tremendous potential, why would they hand over drilling/exploratory/PA rights for such a song? And what's to stop them from axing any contracts with aipn if large oil quantities are indeed found? Remember Faris B? He made numerous attempts to characterize the Kasak gov as underhanded and corrupt. He repeatedly used this as a bullish sign for aipn. There was all that talk about MSUP having high ranking gov officials sitting on shares and therefore having a vested interest in aipn's success. Wouldn't their interest be better served if they just nixed aipn out once oil is found in large quantities? I mean supposedly they're corrupt. It is this type of thinking from certain aipn bulls that really needs to be examined. Greg

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