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Gold/Mining/Energy : CELTIC MINERAL RSCS (CA:CME)

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To: Bobby Yellin who wrote (38)3/9/1997 3:33:00 PM
From: Winer   of 161
 
Bobby: I have spent a lot of time researching this stock and I think that if you like this stock because it isn't hyped then your reasoning is in error. The stock has been hyped by 1) the Junior Gold Report and 2) Don Croucher on many SI threads and twice on Stockhouse's "The Insider." Celtic has three threads on SI! They have had 19 press releases in Canada since last January, which is pretty healthy as well.

My decision to purchase will be contingent on at least 1) asking Don myself why he likes the stock so much, 2) finding out why the market has begun to yawn at results from the Newfoundland project, and 3) finding out why, after a release last year indicating that progress and news from the Java project would be intensified, nothing has been released in this regard. I have not researched the three Celtic threads here but that will be the next thing I do. But I would argue that the stock is hyped and that is the exact reason I will not yet buy. A look at the closing board on Friday indicates 31 ask @ 0.92 and 1 bid @ 0.91. Any guesses as to what happens first thing on Monday??

R. Winer
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