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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Hunter Trout who wrote (595)4/15/1998 1:27:00 PM
From: Peter G. Troyan  Read Replies (2) of 1261
 
Hunter,
Let me ask you one question:
What value do you put on Tracer if they acquire the properties producing 1500 bopd, with development potential, they sign a jv for the Ngurit wells, and they are in the process of drilling Ngurit 2? Do you think the price of the stock will be where it is and falling? Or do you think the market will have noticed that Tracer has turned the corner?

Pete
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