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Gold/Mining/Energy : Celtic Minerals
CME 262.91+0.5%3:59 PM EDT

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To: Gil Kempenich who wrote (49)2/13/1997 7:09:00 PM
From: Michael Warren   of 69
 
I've been watching your correspondence with interest for a couple
of months. Although Java & Indonesia are great elephant hunts it
seems to me that the future of this company lies in Nfld.
Look at their claims and their drill results so far and there are
lots of prospects that they haven't done anything with yet.
the price of the warrants (if any are for sale) are criminal when
you think that they are good until 12/97. Did you see the press
release today on Hungry Hill ? Let's hope the stock moves up as much as it did last year-from 23cents to$1.90. Personally, I'd like to
see a $5 stock here.
Regards
Michael
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