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


To: Ken Wesley who wrote (5320)11/24/1997 9:18:00 PM
From: Thu Ra Tin  Read Replies (2) | Respond to of 11888
 
There're more news releases on AIPN. Check the newsalert site:

newsalert.com



To: Ken Wesley who wrote (5320)11/24/1997 9:53:00 PM
From: Lucky  Respond to of 11888
 
You are correct.The warrants are a better buy based on the assumption that AIPN will be above $10 in March.You will get more bang from your dollar invested with the warrants.
Lucky



To: Ken Wesley who wrote (5320)11/25/1997 12:53:00 AM
From: MARIO PASQUA  Read Replies (3) | Respond to of 11888
 
Ken...If your scenario becomes reality.....You're correct 100%
More the common appreciates in a fast pace...more return for your cash.

If you do buy warrants..The difference will be even greater if we except the one below. ;-)


Subject: Re: New Poet
Date: Mon, Nov 24, 1997 23:36 EST
From: LMPITTS
Message-id: <19971125043600.XAA05900@ladder01.news.aol.com>

Who wants to take Scott on....

Currently we have 47mil shares
someone posted recently 54 mil shares if new warrents/options are exercised (correct me if I'm wrong)

NOW Scott...
If you refer back to my post about Millennium conversation...you'll note the fact that Gary told me that the estimate of 1.1Bil Bar of oil was discounted by 85% so we may have aprox 7.3 Bil Bar of potential oil and thats only in 7 of the 16 sites assessed.

SO.....
If we take the 7.3 Bil Bar of potential oil and use the normal price for potential reserves at .50 per barrel and multiply that time 7.3 barrels ...
we have 3.6 Billion Dollars valuation...
...but we have all heard that AIPN turn down that first offer of around .50 and other offers maybe in the range of .75- $1.00
-But since we won't even approach GREAT RESULTS for the sake of this exercise...just take the $3.6Bil valuation and divide it by the 54Mil shares and the per share price valuation is $66.00!!
-And thats a figure arrived at only .50 a barrel and only one buyer taking all the site.....
-Now we know we have more sites and one has tremendous potential..and possible more than one buyer...so you see where GREAT can lead you....