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Gold/Mining/Energy : American International Petroleum Corp

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To: Razorbak who wrote (9665)4/3/1999 8:18:00 PM
From: DRRISK  Read Replies (2) of 11888
 
Razor,

Right on the calculator, $2.91/share LOL. The AIPN of old could cover this ground in a few days.

The fact is that the company has booked no reserves. The fact is that the window for the JV in 1997 and 1998 was very small and the seismics were shaky and despite this they almost had a JV.

The over hang of the CD's and lack of visibility regarding financing are what keeps the stk weak. The reality is if those issues were cleared up we would trade back towards $3.00.

I am curious, however, why you seem reticent to post stocks you are invested in and what are your investing strategies. It is easy if you review some of my posts to see my interests. You state that you have interest in falling knives? Which ones are you interested in. You have OIL background so lets see your picks.

Devil's advocate is great and I know already that you do not like AIPN as an investment, I can not blame you, but I am interested in where your money and mouth meet? No offense intended.

DrRisk
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