CELTIC MINERAL RSCS (CA:CME) Message Board

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

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To: Stan Kozak who wrote (82)	3/20/1997 11:50:00 PM
From: Michael Warren	of 161

I suggest that you phone Celtic (& perhaps Ivory too) and ask how near that Inco press release is. I personally think that it is not too far away and may have some effect on the stocks. However my money is on something happening in Newfoundland as there are four miles of fault line and only a little has been checked out. Look at the map and see how Celtic has all the best land. The worst that can happen is that a major pays top dollar to take over the exploration or joint ventures with Celtic. The minerals are there & the questions are about the exact spot, grade & tonnage. I would expect the Nfld government would be happy to see another large deposit in the area like Buchans. I'm only sorry that the first round of drilling did not hit the button, but was merely in the right area. All should be revealed this exploration season.

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