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


To: Sycamore who wrote (5832)12/13/1997 8:38:00 PM
From: arnold silver  Read Replies (1) | Respond to of 11888
 
Date: Sat, Dec 13, 1997 19:56 EST
From: Arnie 70
Message-id: <19971214005601.TAA20649@ladder02.news.aol.com>

You know this guy faris Bouhafa is fabulous,

But I think he missed a few things ,
I believe he is right about the refineries , BUT I think that will be a sideline.
This guy George Faris is out to become a major in the oil business
and he will build this company up to a major.
Look at this,he has enough cash to retire graciously right now,but he has this overwhelming
desire to expand.
To my way of thinking he is going to sell begash and with the money we will work on chikuduk,(which has the promise of being larger than tengis) if it all works out,we will not be talking$10 a share and not even $100.
The final payoff will be years down the line.
This may be a pipedream,BUT connect your own dots.
Sweet dreams,
Arnie



To: Sycamore who wrote (5832)12/14/1997 10:01:00 AM
From: qdog  Read Replies (3) | Respond to of 11888
 
Sycamore let me give you two reason why oil companies sit on news or work in a cloak of secrecy.

1. Let's say you have a prospect that borders on your lease. The adjoining lease hasn't been awarded yet. Do you want folks to know that you field is a good or great prospect, while trying for that concession?

2. This lease is unusual that AIPN has to relinquish 90%. They are allowed to bid for it in an open bid process. Do you want other companies to knwo too much and get outbid???

Security at oil companies offices that relate to exploratin are very tight. They are very sensitive about leakage, as I've stated before. I'm not surprised by any of this and as disconcerting as it is, very necessary for alot of differing reasons.