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Gold/Mining/Energy : American International Petroleum Corp

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To: Tom Genna who wrote (7812)3/18/1998 10:11:00 AM
From: Laserbones  Read Replies (3) of 11888
 
Makes me wonder why the co is looking for 30 million barrels proven elsewhere while they're supposedly sitting on several billion barrels in Kasakhstan.

Are we to expect aipn to burn cash not only on Kasak exploration but also getting these other sites up and running? Maybe that bayou refinery will start pumping out asphalt with a high [Au] content.

16 wells pumping out 6,000 bopd doesn't seem like the proverbial cash cow, IMO. I also wonder how long it will be before we can see any actual production.

Has Kasakhstan been found to be not so great after all by aipn?

Just some questions for thought,
Greg
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