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

To: KS who wrote (4676)	11/5/1997 6:41:00 PM
From: DRRISK	Read Replies (1) \| Respond to of 11888

Hi Gang I have been away for awhile but kept current on the market. This is news that is thrilling. The stock is going to 150. Thought you could all use some bullish hyperbole given the desertion of Faris B. the sensitive one. We are all waiting with anxiety for the royalty news et al other announcements and we get asphalt to pave our driveways. Well if this can produce revenues then I'll be happy. This company has needed revenues for the last six years but instead went in search for the Holy Grail. It seems to have found this long lost item on the plains of central asia. This is the belief that keeps me long on the stock since 1994. I have never sold a share to date of this AIPN and I guess you could call me stupid for not taking some profit but I believe in black gold and have the perception from all the key players in AIPN who have held this stock through the years that our dear Dr.Faris can not screw up this concession deal. He has been at this a long time and I for one will not sell any of my shares until he does or Bobby Cohen does. The weak hands that got out in the last two days were reacting like Pavlov's dogs to the news that was not and taking profits after frustration from a long spell of Dr.Faris misques. I am amused that people can not appreciate that this stock has risen over 800% this year and that a breather time to wait for news is to be expected. Given the fact that the bulls have been routed from this thread indicates that the stock has found a legitimate base in the $4-5 range for now. You can not expect that this stock will go up from here without a specific deal on the Kasakstan concession. IMHO they have likely closed the royalty overide issue and that the addition of Pavlovich indicates that the Wavetech seismic analysis is strongly positive with the potential for news on both of these issues coming soon as well as some furthur interim financing to solidify the financials. The JV is anyones guess but sooner not later. I hope for double digits by the end of the year but even I am scared by the pig factor in this wish.The funny part is I think that the company will deserve this valuation based on fair market not hype. The other deals that are in the hopper are hopefully related to revenue not hype Dr. Faris is sitting smuggly evaluating lots of options this I know from experience and it can only be good for the shareholders of AIPN. DrRisk long and patient