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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Patounet who wrote (514)3/15/1998 8:23:00 PM
From: Jim Daly   of 1261
 
Because too many people have been kicked in the pants for too long. The only thing that will take Tracer back to $1.50 or better is a MAJOR find (that is if they can get past the profit taking).I would love to see them go to 14 bits, I'd take a nice long vacation and go see my wife in Chicago, amongst other places.

My only real worry is that Indonesia could break out in some serious civil unrest. There are hell of a lot of people on those islands and things could get mighty hairy if the can't get a loaf of bread for less than $100.00 US. Imagine LA with a food shortage. That's what could happen on there.

Enough doom and gloom.. The IMF has decided that Suhatro has sort of the right idea about linking the Rupie to the Dollar. It sure would be nice if Tracer could get their mits on some producing property (from some poor downtrodden Indonesian group) before that happens. Heck, I'm a true capitalist.

Happy Investing

Gil
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