SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?


To: DEER HUNTER who wrote (9011)7/25/1998 6:53:00 PM
From: Joe Smith  Read Replies (1) | Respond to of 11888
 
AIPN- Bk to Columbia************ They blew their money and brains out back in the mid 90's with a venture in Columbia, they lost money yr. after yr., hit a few small wells but they could not make money. THEY SOLD the Columbia venture last year, to Mercantile Intl. Pet. Inc. for cash and stk in Mercantile, I don't know if they sold all the stock or are still holing any of it. When they did the deal the Merc. stk. was 2.00 it is now trading comfortably at .15 cents in canada. Now they go back into Columbia for a second time. GF loves to lose money for the Co. and shareholders, he has been doing it since 1981, and wants to keep a an unbroken record. But you must have noticed he made his 2Mil for himself selling stk so far this yr. with 441,000 planned sale to go.Nothing good happens to AIPN till this guy is gone. Oh brother here we go again - Have fun