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

To: Midwesterner who wrote (619)	4/24/1998 10:34:00 PM
From: James Strauss	Respond to of 1261

Mid: I agree... The Reverse Split is a bitter pill, but a necessity for Tracer to continue in the oil hunt... It also keeps our investment hopes alive... Jim

To: Midwesterner who wrote (619)	4/25/1998 8:04:00 AM
From: Peter G. Troyan	Respond to of 1261

Midwest, I have to agree with you on Viggers. This guy has seemingly done nothing. For a man who participated in the rise of Premier Oil from a small company like Tracer, to a large independent, his performance has been very disappointing. But then maybe all he did with Premeir was sit on his hands also. I was very impressed with his bio when chosen, and the best thing he did was hire Steve Jacobs. His performance since then is disgusting. If he doesn't want to do the job, or doesn't have the time, then resign. We don't need dead weight, we need someone who is on the team. As for Jacobs, Mowatt, and Fearon, I think they will move us forward. Jacobs and Fearon are oil men, and they are highly respected. Remember the Wall Street Transcript. They did 2 interviews with Jacobs, so the Street is aware of him. After the rollback, any good news will pique their attention, as the price will be in their range, where they can put Tracer their portfolio. With high powered money, we can really see some upward movement. As for Ed Mowatt, I have talked to him on a number of occasions. He is very straightforward, and honest. I think given the right parameters, and a company he can sell to the money people, he can be a big assett to us. In my opinion, just one board member needs a kick in the pants....or a kick out the door!!! Pete