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


To: sand wedge who wrote (8948)7/15/1998 12:07:00 AM
From: Mondak  Read Replies (1) | Respond to of 11888
 
I'm not going to speak for Faris, but I invested in the potential of AIPN (all risks considered). There is still upside potential pending which was not present a year ago. We have not had a final word on seismics, JV (whether there will be one or not), conventional financing, drilling, etc. Until those outcomes (good or bad) become clearer than they are now, I can't see how anyone can compare this stock to what it was a year ago, except for price, which IMO does not necessarily have to reflect the future of this company (or the present in terms of upside potential). All the facts aren't in yet and there cannot be a 'permanent' judgment made as of yet to what will happen on the very issues that could drive this current price up.

Faris shared his research and ideas on this company from a long-term perspective and has presented many FACTS, which are real and positive (IMO) as well. Of course he was wrong at times, but he has offered a wealth of information and research RE this investment which Taxi, you and I have not, so keep that in mind before making such blanket judgments next time.

I have nothing against Taxi, etal as "naysayers", but as gentlemen. Taxi was intimidated by Faris and could only respond through insults and sarcasm, therefore trying to drive him off the thread (which he eventually did). Faris was courteous to the end while TK behaved like an adolescent the whole time. And his last racial slur is a great indicator of the character he showed back then as well.

Enough said.