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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: Laserbones who wrote (4011)	10/24/1997 4:05:00 PM
From: taxikid	Read Replies (1) \| Respond to of 11888

holy crap- we agree on something- what makes you so cynical-? :0( maybe time for me to go long and cite horsemanure and still make money! hehehe have a good weekend=still no position taxi

To: Laserbones who wrote (4011)	10/24/1997 5:27:00 PM
From: Cathi Wierzbicki	Read Replies (1) \| Respond to of 11888

Greg: (1) If proven reserves go for approximately $6 per barrel and "potential" reserves go for about fifty cents, and (2) There are 1.1 billion "potential" barrels in the Begash area of the concession and Chikaduk is supposedly much larger and believed to contain significantly more oil, then How do you arrive at the conclusion that a major would "save (only) a few hundred million" by buying before the concession had been "proven?" I would appreciate any clarification you could provide. Thanks. Cathi