EXHIBIT 32.1



                        Certification of CEO Pursuant to
                             18 U.S.C. Section 1350,
                             As Adopted Pursuant to
                  Section 906 of the Sarbanes-Oxley Act of 2002



     In  connection  with the Annual Report of Crested Corp. (the "Company")
on  Form  10-K  for  the  period  ending  December  31,  2003  as filed with the
Securities  and  Exchange  Commission  on March 30, 2004 (the "Report"), John L.
Larsen  Chief Executive Officer of the Company, hereby certifies, pursuant to 18
U.S.C.  Section  1350,  as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act  of  2002,  to  the  best  of  his  knowledge,  that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of
the  Securities  Exchange  Act  of  1934;  and

(2)  The  information  contained  in the Report fairly presents, in all material
respects,  the  financial  condition  and  result  of operations of the Company.



                                         /s/  John  L.  Larsen
                                       -----------------------------------------
                                       John  L.  Larsen,
                                       Chief  Executive  Officer
                                       March  26,  2004


This  certification  accompanies  this  Report  pursuant  to  Section 906 of the
Sarbanes-Oxley  Act  of  2002  and  shall not be deemed filed by the Company for
purposes  of  Section  18  of  the  Securities Exchange Act of 1934, as amended.

A  signed  original  of  this written statement required by Section 906 has been
provided to Crested Corp. and will be retained by Crested Corp. and furnished to
the  Securities  and  Exchange  Commission  or  its  staff  upon  request.