Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: taxikid who wrote (6856)	1/21/1998 10:02:00 PM
From: Laserbones	Read Replies (1) \| Respond to of 11888

>>.. even if the oil is found..<< But that is the point. If oil is in fact discovered and also proven in terms of commercial amounts, this will add an intrinsic value to the stock. How much? Depends on how many barrels in the ground and other market factors. I'm not worried about bringing it out of the ground yet--or transporting it. Those are real hurdles to be jumped in the future; although you can bet your backside that any potential JV partner is going to put these issues up front and center during any negotiation. Months back I made one of my long winded posts about these problems and how they might add leverage to an interested party. Got trashed for it, which was par for the course. Ha! Right now I just wanna see that oil is there. That is the first chapter--and possibly the last if none is found--of the story. Everything up to the present is Prelude/background. Interesting, but nothing to bet the farm on. Now just think if aipn did find whoppers in the ground. BK would scream foul and demand a sizeable interest in the concession. I'd definitely sell my shares and "eat" the loss at this point. Some transplanted New Yorkers built a home on an adjacent lot to my own. He's Jewish and she's Italian. They are an absolute riot--great people, but even more cynical than yours truly. Greg