Tracer Petroleum (TCXXF) Message Board

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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Peter G. Troyan who wrote (256)	8/11/1997 7:47:00 AM
From: Mohan Marette	of 1261

It will be most interesting to see the details of the agreement, without which we can not but hypothesise and speculate. But if and when the 'bid' is sucessful and the 'details' of the 'agreement' are revealed, the stock price could leapfrog into $2.00-$3.00 level easily, provided the 'substantial' proven reserve is indeed substantial, and Tracer has a favourable and significant share in the partnership. Since we don't know the details of this bid, perhaps, the only indicator we are going to see will be the activity in Tracer stocks, ie vol and price, at least untill the company put out some news in this regard. True, after a long dry spell, this is indeed a welcome news and could prove to be the begining of something exciting, at least let us hope so.

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