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Gold/Mining/Energy : Celtic Minerals

CME 265.49

+1.0%

3:59 PM EDT

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To: Stan Kozak who wrote (13)	11/25/1996 1:02:00 AM
From: DON	of 69

Stan:I cannot explain the technicals for supporting this stock but all kinds of rumours are flying around about a staking rush in the province of Newfoundland,where CELTIC has a large presence.The word is that they have just receieved results from soil samples with unbelieable grades.The property is located in Central Newfoundland,where very little prospecting has been done before.I do know that a staking rush took place this week with several juniors picking up claims after the Celtic discovery.The company is right adjacent to a famous property known in N.F.L.D. as "THE RIP VAN WRINKLE PROPERTY"This is only the beginning of news from that area.One junior going public on the CDN IN TORONTO is a company known as "COPPER HILL RESOURCES"and they own this property.Their listing should be up and running within the new year.Believe me this is one to watch in the new year.I heard the numbers from the soil samples and rather than go on rumour ,it's best to hear it from the company.Will keep you informed as I hear rumour or fact from that area.

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