Tracer Petroleum (TCXXF) Message Board

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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Mohan Marette who wrote (320)	10/11/1997 2:14:00 PM
From: Michael Hicks	of 1261

Hi Mohan, I think the analogy between XCL and Tracer is a pretty strong one. Both, in the words of Charles Bukowsky, are living on luck. I owned XCL up through last year, averaging down from 0.25 through 0.1875 and on a noise spike I sold out over 1/2. Like you, I trust Tracer management but I may get nervous and sell out at my first good oppurtunity as opposed to wait for a real strike and then really rake it in. Remember when we were bandying about figures like 5, 10 dollars a share for TCXXF if they did strike oil? Smile, seems such a long time ago now! -Michael

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