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


To: Laserbones who wrote (7814)3/18/1998 10:16:00 AM
From: Tom Genna  Respond to of 11888
 
Does it make sense that this union might be the JV in K* with details to be announced at a later date? Just wondering.....tomster



To: Laserbones who wrote (7814)3/18/1998 10:18:00 AM
From: DRRISK  Read Replies (1) | Respond to of 11888
 
Come on guys this is great news and does not reflect anything negative about the KAZ deal. We get this deal with immediate proven reserves and production that is being leveraged off the KAZ concession. This is also an all important indication of increasing Russian relations for the future of KAZ deal..... This is good news not siuspect news and should be worth $2.00 to the share price. FWIW OMO.
DrRisk



To: Laserbones who wrote (7814)3/18/1998 10:24:00 AM
From: Tim Gardner  Read Replies (1) | Respond to of 11888
 
Greg, do some calculations.

30+ recoverable
167 probable

lets say they get out 100 million barrels. Let's say they make $4 per barrel. So that's 400,000,000 X .75 X .72(taxes) = 216,000,000

216,000,000/50 million shares (approx)= $4.32 per share

That's without the numbers from Chikaduck

Now does it look a little better. It sure does to me. Over 1 million shares traded and climbing. Smart money is getting in, the occasional little guy is selling out. I think we will hit Cohens $10 target within the next couple months. He was right on in his analysis.

GO AIPN!!!!!