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Gold/Mining/Energy : American International Petroleum Corp

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To: taxikid who wrote (8860)7/4/1998 1:30:00 PM
From: Zeev Hed  Read Replies (2) of 11888
 
DRRISK, in your estimate, what is the current net worth per share of AIPN. Namely the discounted value of their proven reserves? That could put a floor on the stock price, but without such a value, the stock still seems to be in a down trend.

By the way, at the time I warned about the possible detrimental effects of a floorless, but the thread correctly pointed out that these floorless have an anti arbitrage clause, what happened to cause this anti arbitrage clause to fail?

Zeev
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