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Gold/Mining/Energy : CELTIC MINERAL RSCS (CA:CME)

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To: Solid Play who wrote (93)3/23/1997 12:36:00 AM
From: stevieD   of 161
 
Solid Play: All the points you and others have mentioned are valid points. Whats adding to the problem is companies like Delegratis whose stock rose from $1.00-3.00 range in January to the $45.00 range last week. Then all-of-a-sudden thursday it lost 60% of its value to around $20.00 and friday closed around $6.00. Seems like every time the juniors get going some company pulls this stock munipulation and all the juniors suffer. Delegratis has only drilled THREE holes in their whole property. The rest was hype and the reputation of their CEO. This really cools off the junior markets. People get more antsy and bail out of speculative stocks. Thats all I have to add. stevieD
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