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Gold/Mining/Energy : American International Petroleum Corp

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To: Frantz Jean-Baptiste who wrote (9417)1/21/1999 9:32:00 PM
From: DRRISK  Read Replies (1) of 11888
 
Frantz,
What I know is that these releases are the begining of something that the Company has promised. They are preparing to put together CSFB financing that will take out the Hunt financing that has destroyed the Share price. It appears that the $4 million is a drop in the bucket to temporize cash flow needs. It is expected that we get CHAG any time now and that this puts CSFB into the deal, The fact that the Hunts are selling or shorting into this rally seems to be a last gasp of greed or a possible foreshadowing of them believing that GF has no financing options and that when more shares are registered for sale by the company that they will be forced to accept the conversion and the Hunts will be back to their old tricks using converted shares to cover their naked shorts.

All this is IMHO and pure speculation.

DrRisk
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