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

To: BeachDude who wrote (1104)5/27/1999 5:25:00 PM
From: loanshark99  Read Replies (1) | Respond to of 1261
 
They have drilled a 3rd well and the stock doubled, but the company is tightlipped. If they have hit it will be deemed economic. The first well could produce over 10,000 bpd and no water. TGLEF's second well established the outerboundry of the field as you stated-over 4 miles East of the first well. This 3rd well was right in the middle and my guess is insiders know the real story and have driven up the price in anticipation of good testing.
I wonder how close TCXXF is to getting a good Iranian oil concession?



To: BeachDude who wrote (1104)5/28/1999 1:35:00 PM
From: Hunter Trout  Respond to of 1261
 
<<<This is a penny stock that can be manipulated at any time by a few people.>>>

Your point is beautifully illustrated today. Tracer is up 28.57% on 2 trades totaling 1,600 shares. That is AT MOST a $900 cash investment. Imagine what one could do with even further consolidation.

This one should be in the textbooks.

HT


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