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

To: virginijus poshkus who wrote (930)	1/24/1999 1:03:00 PM
From: Hunter Trout	Read Replies (1) \| Respond to of 1261

Vargas, thanks for reinforcing the points I was trying to make. Particularly interesting was your description of insiders "...bidding up the price because they know something." Why would anyone who anticipates positive news want to "bid up" the stock? Would it not be in their interest to quietly accumulate at the lowest possible price in order to maximize their gains? A frequent penny stock scenario is the inexplicable rise in price, with the idea that "someone must know something" being hyped on these discussion groups. Then there is some sort of vacuous "good news" press release and the price immediately falls on profit taking and the gullible investors scratch their heads in frustration, asking "Golly gee whiz, why does this thing always seem to go down on good news?" HT

To: virginijus poshkus who wrote (930)	2/11/1999 5:06:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 1261

Thursday February 11, 2:53 pm Eastern Time Company Press Release SOURCE: Tracer Petroleum Corporation Tracer Retains Nasdaq Listing VANCOUVER, British Columbia, Feb. 11 /PRNewswire/ -- On November 30, 1998 the Company issued a news release indicating that it had received correspondence from Nasdaq outlining that it failed to meet the minimum listing requirement of US$1.00 for 30 days. The Company was advised that it had until February 11, 1999 to achieve the minimum bid price for 10 consecutive trading days failing which it would forfeit its listing on the Nasdaq Small Cap Market. The Company is pleased to announce that it has received notification from Nasdaq confirming that ''Staff has deemed the Company in compliance with the bid price requirement as of February 3, 1999.'' For more information please contact David Harrison of Tracer Petroleum Corporation, 403-264-5255, or tracer@ultranet.ca. Jim