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


To: Saracen who wrote (675)5/3/1998 9:41:00 AM
From: Peter G. Troyan  Read Replies (2) | Respond to of 1261
 
If you are going to post at Tracer paid for "touts" in the WST, I wish it would be fact. I have talked to Tracer IR numerous times and was not told it was paid for. If this was your opinion, please state it for what it is, speculation.
As for getting out at .25 or .30, if a deal is signed, you will have your chance. I believe the stock will move rather nicely on this news.
As for Mr. Robinsons Departure, I am one long term shareholder not sorry to see him leave. I see the companies he has been involved with, and I am glad I was not involved. Many of them seem to be floundering at this time.
I still cannot believe you call this "cushy" compensation. Ed Mowatt makes less than an autoworker, and wears 2 hats as CFO and Secretary. Steve Jacobs is President and CEO. If his pay was cut, what would stop him from leaving to join another exploration company. Then , where would Tracer be? His experience and reputation as an oilman, and what he can do, are what keeps a lot of shareholders in. Give him the chance, and he will earn a lot more than he is paid. He has proven this over his 17 years in Indonesia.
Pete