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

To: DEER HUNTER who wrote (5707)	12/10/1997 3:33:00 PM
From: Sycamore	Read Replies (1) \| Respond to of 11888

Deer Hunter, Thank you for responding. I'm very much aware of the $50 figure being thrown around. But, whether that was a true number or not, I've heard that it was meant as a long term projection for the stock 6-12 months down the road or even longer. For weeks or months now that I've been here, I have never seen it mentioned or suggested in any way that the signed "PA" will have that power to close a buyout deal that will be worth $50/share. But rather believed that it has always to do with the the damn oil, if it's there or not. Of course what's more important is the number of barrels of recoverable oil with commercial qualities on the ground. Even the dummiest and most optimistic hypester on this thread and AOL underdands that IMO. The PA is a good piece of document that legitimizes and gives credibility to the deal, but that's all. Initially, the hope was it will affect the share price by a dollar or two-three, from 5, but obviously it didn't happen, at least up to now. Anyway, in as much as I want to value and respect the oil experts opinion on this thread, I'm afraid whether we like it or not, Wavetech is the only official source that could verify or confirm to us how much oil there is to expect. However, since the final report is still unknown, optimists and pessimists alike, based on any given scenario should be able to speculate on their own favorite numbers either way. Being in American, I guess that shouldn't be a problem. Every opinion counts. No opinion is wrong, unless proven otherwise. Some people may think $5.00, $10, $15, $20 or even $50 dollars are way too high, but some who follow the story closely enough based on the Russian data and other available information to them may disagree. Frankly, I think at this point, the simple answer is, expert or not, "NOBODY KNOWS." All of us are just guessing!