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Gold/Mining/Energy : American International Petroleum Corp
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To: Laserbones who wrote (7814)3/18/1998 10:24:00 AM
From: Tim Gardner  Read Replies (1) of 11888
 
Greg, do some calculations.

30+ recoverable
167 probable

lets say they get out 100 million barrels. Let's say they make $4 per barrel. So that's 400,000,000 X .75 X .72(taxes) = 216,000,000

216,000,000/50 million shares (approx)= $4.32 per share

That's without the numbers from Chikaduck

Now does it look a little better. It sure does to me. Over 1 million shares traded and climbing. Smart money is getting in, the occasional little guy is selling out. I think we will hit Cohens $10 target within the next couple months. He was right on in his analysis.

GO AIPN!!!!!
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