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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Saracen who wrote (615)4/24/1998 8:55:00 PM
From: virginijus poshkus  Read Replies (1) of 1261
 
Saracen, au contraire. I just read the quarterly report. the company has 3mm in cash. no debt. they are going to drill nigurit soon. the reserve estimate has been raised from 38bil cuft to a possible 140bil cuft. Not being a down and out to of guy, I do read some good things into their future. Now I am resolved to a rollback and hope the company can move forward. remember they have no debt. 400,000 shares of eurogas and potential J/V and new acquision opportunities.

vargas
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