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Gold/Mining/Energy : Tracer Petroleum (TCXXF) -- Ignore unavailable to you. Want to Upgrade?


To: Saracen who wrote (1224)11/10/1999 11:26:00 PM
From: Dave K  Read Replies (1) | Respond to of 1261
 
Lost your touch ? I've seen you make some nice calls on Tracer but tell me you don't really take this oil spin seriously.

Why in the world would a country like IRAN of all places allow a two bit oil shell Co out of Canada, with a handful of pencil pushers, access to their potential major oil reserves ? I doubt very much that the Indonesia method works here.

As I figure the new management is slowly but surely pocketing what's left of the meager assets. Throw in a few more fake spin oil stories and their little Tracer venture will net them a few $mil or so. Essentially a low risk job guarantee with sizable bonuses along the way.