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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII
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To: ColleenB who wrote (982)7/15/1998 11:35:00 AM
From: jmt  Read Replies (1) of 4814
 
>>>Now, lets count back 20 years...that puts the purchase around 1980, right about the time the petroleum industry was hit hard.<<<

Wonder if the land was purchased at the peak just before the bubble burst?

Land would also loose value if it was thought to provide some strategic advantage for Oil or Gas exploration. If so, why wasn't it exploited.

So were back to swampland in the South bought at a market peak for some advantage that no longer exists.

Thanks for the real estate lesson.

jmt
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