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Gold/Mining/Energy : Tracer Petroleum (TCXXF)
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To: BeachDude who wrote (1104)5/27/1999 5:25:00 PM
From: loanshark99  Read Replies (1) of 1261
 
They have drilled a 3rd well and the stock doubled, but the company is tightlipped. If they have hit it will be deemed economic. The first well could produce over 10,000 bpd and no water. TGLEF's second well established the outerboundry of the field as you stated-over 4 miles East of the first well. This 3rd well was right in the middle and my guess is insiders know the real story and have driven up the price in anticipation of good testing.
I wonder how close TCXXF is to getting a good Iranian oil concession?
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