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Gold/Mining/Energy : Tracer Petroleum (TCXXF)
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To: James Strauss who wrote (1068)5/10/1999 4:52:00 PM
From: Florida Cracker   of 1261
 
Pete,
It is really time for DRR to play straight with us. He says he can raise financing and will have to raise tremendous financing for Iran...assuming that a deal happens. This is a small Indonesian deal that could easily take the stock over $1.00.

David, why don't you get some conventional financing for whatever small amount of money is required to finish this Indonesian deal. If you don't know how I'm sure that we know some experienced people that can put deals like this together. The problem is that we thought that you knew how to do this. Can you raise money out in the market place besides off the stockholders back? Sure you can. You know and we know that this is all about stock control and power. You just don't want to allow the stockholders to share in the profits with you...but you are going to have to. You either bring this project in or we will know that you just don't know how to do it. In other words you hit a lucky one with your first one at Arakis but you have been a bust since. We don't think that you can bring in the Indonesian deal with conventional financing simply because you don't want too. You know how to. So are you going to play straight or not?

VOTE NO TO THE ROLLBACK!
Keep the faith,
Cracker
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