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

To: Taylor Mill who wrote (9706)	4/5/1999 11:45:00 PM
From: Ray	Respond to of 11888

Taylor Mill: <<I did say and I do feel that in much of the circle of true exploration companies and oil explorationists, the moniker of "wildcatter" is perceived as a mark of honor, distinction and success. To use the term where it is not deserved,IMO is disrespectful to those that truly have earned it. Shame on you and anyone else who does not respect the term!>> Most happy to agree with your view of wildcatters. In my mind, they are practically heroes. I revere risk takers who, from confidence in their vision and abilities, take on the adventurous challenges of pioneering/wildcatting/entrepreneuring - despite probable failure in any given endeavor. However, I also see GF and AIPN in this general mold. (Though I would prefer some improvements in his character, the "evil, inconsiderate GF" idea does not ring true to me). My statement about AIPN being on a "higher" plane than a wildcatting company refers only to AIPN evolving into a less wild and now multi-faceted organization. Time will prove or disprove the apparent wisdom of their toning down the Kaz wildcatting that was in the offing and establishing a more staid, but still entrepreneurial, business side to AIPN (the refinery and barging operations). No heroics and less adventure in this evolution - fairly sound business decisions instead, IMO. What has happened, though, and again IMO, is that their plans have been slowed by not being able to achieve the planned degree of conventional financing, despite much effort. I expect they will substantially cure this financing problem with the Kas gas developments, but I certainly am not suggesting this is anything like a certainty. The above is simply a position statement (essentially no substantiation offered here for my beliefs) and is meant for clarification.