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

To: Zeev Hed who wrote (4274)10/28/1997 10:19:00 PM
From: Sycamore  Read Replies (1) | Respond to of 11888
 
Zeev, Thank you for the explanation. I don't have a problem using .50-1.00 as potential value per barrel. Just have a problem with people who are speculating and using a much much lower number than .50 without concrete basis. In fact that's what I suggest that we use until things are much clearer that it isn't the case.

Anyway, what is your position\think on AIPN, now that the market recovers??? sycamore



To: Zeev Hed who wrote (4274)10/28/1997 10:46:00 PM
From: qdog  Read Replies (1) | Respond to of 11888
 
Zeev, consider this, the price of produciton of North Slope Crude vs. Saudi Crude. One is in NA the other is overseas. Yet Saudi is around $3/b vs NS is considerablely higher. So for now Caspian is extremely high due to one empirical fact; it's landlock. That is a significant factor.


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