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

To: Terry Jackson who wrote (7311)	2/10/1998 12:18:00 AM
From: Daniel P. Dwyer	Read Replies (2) \| Respond to of 11888

What would you do if you were in GF's shoes? If he was told that based on just completed tests that there are 4 B barrels of potential reserves in Chikuduk, would he let out 5 million shares in order to collect $20 million, when he could probably let them expire and a month later (after releasing the verified news - how coincidental) issue convertible notes for $50 Million with strike price of $10. Hey, the price might be $10 by that time anyway...if the news is that good. If not, he'll extend the warrants, but those trading in warrants will have to be very quick not to lose. The stock is better here. Dan Dwyer