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


To: taxikid who wrote (7307)2/9/1998 12:31:00 PM
From: qdog  Respond to of 11888
 
Go to Houston Chronicle website. They have a great series on H2S.

Very true there is an inherent risk with the Warrants, but they have extend them before.

As to domestic versus foreign; infrastucture is highly devleoped here int he US. In a place like Middle East it is also highly developed. K-Stan is not. Thus the investment is greater to develop the lease. Permabulls told us about $650 mil for a JV tocome in. Well, here is reality time. Ain't going to happen unless this company drills a well that produces 20,000-40,000 per day.

That is the difference between potential and proven. One is speculation, the other is reality. You need the high speculation to justify the expense of exploration. But hey, don't listen to me for I know nothing!!-:) Faris and Geneat must be burning up AOL today, whataya think???