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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Jeff Mizer who wrote (398)12/19/1997 12:03:00 PM
From: James Strauss  Read Replies (1) of 1261
 
There's Oil There...

>>>Does anyone out there still actually think this rock will fly ?
After 3 years I have finally given up hope.<<<
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Jeff:

I know how you feel... But, I still believe there is a very good liklihood of a future big oil strike... The surrounding area has proven reserves... The current income they get from their other oil interests is enough to keep them in business... Sooner or later they should make a favorable deal and increase their chances for an oil strike... If that happens, the stock price could climb 10 to 20 times its current price... So, for the time being, I'm treating my Tracer holdings as a non-expiring option on the future of Tracer...

Jim
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