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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Peter G. Troyan who wrote (209)7/27/1997 1:06:00 PM
From: James Strauss   of 1261
 
Patience...

>> Look at AIPN. I read their board here, and all I read was
complaining about the stock stuck in a trading range. Then, it just rocketed up to 3 from $.50. I am not going to say that this is going to happen to Tracer, (I sure hope it does), but these things take time, and if we have waited this long, what is another couple of months? The company is trying to move in the right direction, securing
income to fund exploration in the future. Let's hope they make progress soon. By the way, I have been in this stock for almost 6 years. Talk about Patience!!!!
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Peter:

Very well said.... I'm thinking of this as a long term Option... Any hint of an oil discovery or revenues from oil producing properties will send the stock price skyward...

Jim
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