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

To: Peter G. Troyan who wrote (670)	5/2/1998 12:41:00 PM
From: Frank Haims	Respond to of 1261

does anyone know if they have enough money to exercise the options? Frank

To: Peter G. Troyan who wrote (670)	5/2/1998 2:40:00 PM
From: Saracen	Read Replies (1) \| Respond to of 1261

Sorry to burst your bubble, Peter, but I have to refute a couple of things that you wrote: 1) For National NASDAQ, you need a US$5 bid price AND at least a US$75 million market cap - I think it will be awhile before we can hope to see TCXXF on the NMS. 2) It is well-known that anyone can be interviewed in the Wall Street Transcripts if they are willing to pay the fee. What Tracer needs is legitimate, third party research being published on the company, not paid-for touts. I do agree with you that Jacobs is a respected oilman, but he does not have enough money to work with. I personally think that Tracer needs to merge with another junior oil company that has the ability to raise capital, or do something else REALLY significant if he ever want to make any significant money on this dog!