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Gold/Mining/Energy : American International Petroleum Corp

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To: DEER HUNTER who wrote (9059)8/9/1998 8:23:00 PM
From: Cola-Kid  Read Replies (1) of 11888
 
I know only what I've been told by people I do not personally know, but what I've heard is conventional financing is to be announced soon.
GF said conventional financing could only be gotten when the refinery starts to show a profit. I hope the refinery is doing well at this point in time. The company says they are to begin drilling in September/October. Is that true? Do they still need approval from the Kazakstan government to drill for oil, or has that already been settled? I would think the stock price would be higher if they held land with so much proven reserves. Maybe not.
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