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

To: Laserbones who wrote (5334)	11/25/1997 6:57:00 AM
From: qdog	Read Replies (2) \| Respond to of 11888

DrRisk has followed this stock longer and is aware of the caveats that still lie ahead of it. Like the Woody depressing news, this announcement is a non factor. It was a given that it would be signed and thus factor into the price of the stock. The really meaty annoucement is still the JV, who I still believe to be Hunt Oil. Note how the annoucement states majors and large independents. I still do not believe in the big money sale. I'm still leaning for a nice deal that includes the JV picks up the exploration cost until a discovery is made and commericalbility is declared. There is a outside chance that a tiered deal could be signed, with particular reserve stipends attached. Less than 1 bil, only so much, more than a billion, so much. That is proven reserves as opposed to todays probable reserve figure. To turn over $600 million for this block right now, is downright foolish and still risky. My two cents.

To: Laserbones who wrote (5334)	11/25/1997 9:48:00 AM
From: Ken Wesley	Read Replies (3) \| Respond to of 11888

I can't disagree with anything you said. I admire you for being such a conscientous investor. You bring a lot of good solid ideas to this thread and I might add, a certian amount of balance--at least I haven't mortgaged my house...yet. It makes me feel better knowing that you would invest in a company without seeing more facts available. If you bought the stock based on the facts, you must also be speculating to a certain extent. Are you saying that (1) some people on this thread are frauds because they don't have a vested interest (have not invested in aipn) or that (2) those who are speculating as to what might be happening at company headquarters are frauds? Thanks for your comments. It's comforting to know that somebody on this thread has their feet on the ground and isn't looking at things through colored glasses. I really mean it. You must know by now that many of us are 10 feet off the ground at times when we think of the possibilities of this company. Ken W