Tracer Petroleum (TCXXF) Message Board

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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: virginijus poshkus who wrote (627)	4/25/1998 3:14:00 PM
From: James Strauss	Read Replies (2) of 1261

Vargas: The stock price will probably be in the .20 range before the Reverse Split... That gives us a 2.00 stock with 1/10th the number of shares... An oil strike could mean a 20.00 to 30.00 stock given the relatively small number of shares outstanding... I seem to remember Dan Dorfman saying the reserves were worth about 20.00 per share... A reverse split makes them worth 200.00 per share... Jim

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