American International Petroleum Corporation (fka AIPN)

[Begesh]

TOTAL FINA ELF and AIPN?

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47411

By: carefulinvestor
11 Jun 2002, 11:59 AM EDT Msg. 47411 of 47955
(This msg. is a reply to 47410 by arcice.)

arcice: A number of posters on this and other lists (including even two of the bashers on RB) have named TotalFinaElf as the upcoming refinery partner.

Some sample examples include:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47017

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=33282

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=33271

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=33224

The latest 10K (emphases added) also states:

"We are in the latter stages of discussions with a major oil company to finalize an agreement under which we would be provided unlimited amounts of asphalt to fulfill our outstanding contracts and backlog.

The recent 10Q also notes (on the refinery deal):

"...we are currently having discussions that could result in multi-year contracts..."

Maybe TOTAL (or whomever the "major oil company" is) wants AIPN's refinery for this (among other) reasons (10Q, emphases added):

"The facility is now gearing up to produce several new specialty products that are high margin
with potential significant growth possibilities."

These tidbits on the timing of the refinery announcement may also be of interest:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47078

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47082

BTW, if the refinery deal is with TOTAL (or even another "major oil company") it would not surprise me to see them become involved in some action regarding AIPN's Kaz. concessions in the future.

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47331

Some ideas on where this all me be headed can also be found at:

http://ragingbull.lycos.com/mboard/boards.cgi?board=AIPN&read=47118

For much more see the AIPN board at:

http://www.investingdd.com/

All the best to AIPN long -- our day is coming!!!

FWIW & IMO

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)