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


To: taxikid who wrote (6842)1/21/1998 8:03:00 PM
From: NoMoney  Read Replies (1) | Respond to of 11888
 
taxikid,
MARCH OF 1998 (MAYBE APRIL, MAYBE MAY)
March of 1999 will be double that figure if all goes well. When I consider the apparent direction of this deal of AIPC, I always get the impression that SOONER or later the caterpillar will become a butterfly
The production agreement seems to keep their paws on this concession for quite awhile with perks.
Keep in mind that this is just my opinion just you generously share yours on this thread. What confuses me is that you seem VERY down on the prospects of AIPC and are also quite vocal and at times it appears quite aggressive about your opinion. The New Yorker in you I suppose.
The market has valued AIPC at about $4 on just speculation and conjecture at this point. That is pretty good for a company with no earnings, very little cash, and consistent losses. IMHO the refinery will begin to change that.
It would appear that your opinion is in the minority at this juncture. No hard feelings, but being so adamant and aggressive is not going to sway the majority.
SCI gave AIPN a share price of about $46.36 on a nonrisked basis so it seems that, as hard it is for you to swallow, $30+ is not totally out of the picture.
MARCH of 1998

Peace, NoMoney