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

To: sand wedge who wrote (6951)	1/23/1998 2:46:00 PM
From: Sycamore	Respond to of 11888

Sand Wedge, Can't say much about the CHAT room, I never been there in awhile, perhaps more than 2 weeks now. But, one thing I know for sure, we have an official press release from AIPC saying that we have 1.1 billion potential recoverable. That's Begesh. Now talking to Millennium, and to others who are knowlegeable about the area and who follow the story very closely, it was believed that Chikuduk (1 of 16 structures) could be bigger than what the 15 structures have combined. Now assuming that Begesh has 1.1 billion (it's one of the 7 out of 16 structures that had been analysed), would it be crazy to think that Chikuduk (1 of the remaining 9s ) combined with the 8 other structures that has yet to be analysed could possibly contain another 2.2 billions? Which could a total of 3.3 billions. 1.1 (Begesh 1 of 7) + 2.2 (Chikuduk + the other 8) = 3.3 billions Have you read the Cohen report? It's all there. The exact numbers were not mentioned but it even suggested that without the discounts (85% by Huddleston), we may potentially have potential reserve of 7 billion barrels already. It's a lot of IFs of course, but there's always that possibility for that area of the world has proven to be generating abundant supply of oil. It may be the next Middle-East. How about the Strain report? I think this one is even more optimistic as to the price prediction. I could be wrong, but I believe it has a target of $50. You see this is not just fantasy! There may be some opportunities here. Frankly, I don't think you need to be actively present in the chat room to follow the story. If you read the company's press releases in Nov-Dec, it is evident that news on the reserves may come anytime now or at least sometime in the next few weeks, then possibly a JV. Nevertheless it should be close. Anyway, the stock could go to zero (risk), but it could also go sky high (reward). We shall see! regards, sycamore P.S. When comparing AIPC with other start-up companies with very little reserve found in Kasakstan, though ours is not proven yet, the potential for this company is truly mind-boggling, especially. Even with only billion proved reserve to begin with. See analysis and projection on HHLAF going from $6.50 today to $20 in a year, then $50 later after that.