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Gold/Mining/Energy : Celtic Minerals

CME 265.49

+1.0%

Oct 31 3:59 PM EDT

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To: Michael Brody who wrote (2)	11/18/1996 6:47:00 PM
From: Gil Kempenich	of 69

Michael, I recently requested an update from the comapny - this was the reply: "-all news releases are on our web site: inforamp.net -things are progressing at a slow pace in Indonesia, yet results are good. -drilling in Newfoundland has provided quite successful, confirming the presence of a substantial volcanic vent system. -down hole geophysics will be performed shortly, and follow up drilling is expected to commence in 4 weeks." You might look at the above site - the detailed info is very interesting and revealing of potentially positive outcomes. Regards, Gil

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