Mohan,
You state they have the right ideas, but have no money. The key is in the e-mail sent to Ziad by Tracer. They said they have contacts who are willing to finance producing properties. There is the money. I agree they have taken forever, and my patience is wearing thin, but I would rather wait a little longer for a better deal, than get a bad deal quickly. I think if they secure income from producing and development properties, a partner will not be far behind. At this point, I am willing to wait and see what develops. Mr Jacobs is a man with much experience, and we have to put our faith in him. Try to keep the faith a little longer. 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!!!! |
