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Gold/Mining/Energy : Celtic Minerals

CME 264.16

-0.5%

9:30 AM EST

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To: Gil Kempenich who wrote (10)	11/22/1996 8:55:00 AM
From: Stan Kozak	of 69

Hi Gil, I dont know if the canadian "financial post" is on-line or of you get it in your country but during the month of november There where numerous articles on the subject and the price of Bre-Ex shares fluctuated about $4.00. IN a nutshell there where claims and lawsuits being filed in canadian courts by various interests claiming a chunk of the deposit. Anyway the whole thing was settled satisfactorly after an alliance was formed between Bre-ex and the son of the indonesian prime minister. Apparentley the son has "consulting company" that will handle the provisioning of anything needed to get the mine up and running. To get the full details check out past issues of the financial post. All i know is that celtic had the for thought to settle all the local "B.S." up front and is ready to roll when they find something.

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