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Gold/Mining/Energy : Tracer Petroleum (TCXXF)
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To: Peter G. Troyan who wrote (626)4/27/1998 12:48:00 PM
From: Midwesterner  Read Replies (1) of 1261
 
Something I missed on this post which is VERY IMPORTANT!

"Second, I learned that Ed Mowatt is going to Jakarta next week. If the CFO is travelling to Jakarta, I would assume the company is very serious about something they are working on. I was also told that they are feverishly working on having a property signed before the meeting."

I talked with the company this morning and confirmed that Ed is going to Jakarta. Of course they couldn't get into particulars, but the C.F.O. going to the area where the producing blocks they're bidding on is, sounds like this is very close to happening. It would be nice if an acquisition was made and announced prior to the meeting, wouldn't it?

And you are right. The first deal will start the ball rolling and other deals would come, probably fairly quickly.
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