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


To: qdog who wrote (4692)11/6/1997 10:24:00 AM
From: Sycamore  Read Replies (3) | Respond to of 11888
 
Qdog: I was reading your posts and couldn't help it but to comeback to you for an explanation on the two seperate predictions that you've made during the last few days (Nov 5 and Nov 3) addressed to Mario and I. Why the big discrepancy? Thank you in advance. sycamore

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To: Sycamore (4588 )
From: qdog Monday, Nov 3 1997 5:24PM EST
Reply #4594 of 4700

As events unfold themselves and depending on what they are, at some point in time AIPN will have to issue more stock in order to finance any project depending on what is found and to what extent.

IF this one prospect is equal to what is speculated you could see this stock at $20-25 @ 1Billion barrels, in short order. But and if, there is even more say 3 billion, then you could see it even higher. Then it wil track oil and it's demand.

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To: MARIO PASQUA (4658 )
From: qdog Wednesday, Nov 5 1997 11:40PM EST
Reply #4692 of 4700

The only news of significances to me is an agreement with another partner on this lease and then drilling the wells. The selling part of this lease will raise the stock up to 8-10 range and then the wells will make or break it. In between those two events will be sideways and choppy trading that could test the $4 level before the wells are drilled as further results from other blocks in the Caspian region could be reported.