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


To: Laserbones who wrote (6694)1/16/1998 3:52:00 PM
From: Tim Gardner  Read Replies (1) | Respond to of 11888
 
All of a sudden AIPN just jumped to 4 7/16 after being dead all day. Greg I think that end of the month move is just about to start.



To: Laserbones who wrote (6694)1/18/1998 7:10:00 PM
From: DRRISK  Read Replies (1) | Respond to of 11888
 
Greg,
Thanks for the warm and fuzzy. I think that it is anyones guess as to the timetable for drillinhg and frankly I would be astonished if Aipn ever drills a hole without a JV. I think that optimistically that we will see the updated Seismic come in this month and some other deal on Refinery business, maybe. If Chicuduk comes in at say 3 billion and we have 1 billion now probable reserves and the market has settled the valuation at 20 cents for probable 1 billion then will they give another 3 billion greater or lesser credit. I wonder if Qdog has an opinion on this. Say we have 50 million shares roughly at say 4.50/share as of friday roughly then that is 22 cents/barrel if we add 3 billion more barrels as probable will that mean an $18/share valuation. To me this probably will not happen but considering the numbers it makes sense to me.
DrRisk tell me why this makes no sense and I am crazy'