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Gold/Mining/Energy : CELTIC MINERALS LTD A COMPANY TO WATCH SHORT AND LONG TERM
CME 273.11-0.8%Nov 21 9:30 AM EST
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To: gennady who wrote (556)7/29/1997 1:05:00 PM
From: Peter Bourgeois   of 744
 
Listen guys you may not want to hear this but I dont believe that adding or deleting threads will change anything. The problem is Celtic and not the threads. Where is all this good news that Don was proclaiming would come out soon when he had all those great conversations with the CEO. That was six months ago and zip since then.
Celtic was so pre-occupied with Bre-x that they lost sight of what drives juniors up or down. No News (down), good News (up). The reality is that Celtic has not even started drilling yet. The summer is half over and they are still procrastinating. Most Juniors have been drilling for a couple of months now and have already got results back. Celtic is still trying to decide if at all where to drill.
Everybody was hyping how good management was 6 months ago, well I think they have a lot to learn. They should probably look at how some of the other Juniors are doing for ideas.
I and probably a lot of other people are down a substantial amount of cash on this sucker. I have gone this far and I might as well hang on but if they dont soon get their act together you wont be able to sell this stock for a dime.
My two cents worth.
Cheers !!!! Peter
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