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


To: DRRISK who wrote (9388)1/6/1999 11:35:00 AM
From: Daniel P. Dwyer  Read Replies (1) | Respond to of 11888
 
Dr., Heal thyself. You sound like you are going crazy.

This cold snap may have the desired effect of reducing product inventories down to more manageable levels, should it last any longer than ten days. Crude inventories, on the other hand, are at a 14 year low. Once product falls down (gasoline, kerosene, heating oil, jet fuel, etc.), they're should be a pick up in the price of oil, which so far this year has risen from 10.50 to 11.26.

Serious interest in AIPN will not pick up until crude is at 13.50 per barrel. Another 2.25 to go. At current pace, we could see that higher price by the end of the month.

For prospectus reasons, the Hunts have to sell. Once that is behind us, look for some executions on the options. The latter will have two effects: 1. to further dilute shares, 2. to give the company much needed cash.

Now, all we need is for some good news out of Asia.