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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)

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To: Chuca Marsh who wrote (4679)10/9/1999 5:02:00 PM
From: Dave Wahl  Read Replies (1) of 5143
 
Chuca,

Re your recent comment about "it's geology, geoguys"; you're right, it is geology. No amount of promotion is going to change a given site's geology or contained metals. More importantly, it is site specific geology that is ultimately most important. Therefore any site specific interpretation of geology must be done with great care and reasonable understanding of that specific environment. Mixing a great number of unrelated models into an interpretation is invalid.

For example, alluding to Carlin-type deposits in Northern Arizona just because some carbonates are found on Arizona's Colorado Plateau is very far fetched. While it is true that major gold deposits are found carbonate rocks in the Carlin trend, not all carbonate rocks in the Carlin trend are mineralized, even within a stone's throw of major mines. The presence of a favorable host rock is just one part of the complex process required to "make" an economic ore deposit.

What evidence do you have that "...the Limestones 2,000+ feet below leached out the METALs into the Volcanic Geology..."? (I assume you mean to say the metals were leached from the limestones into the volcanic rocks)

Do you have an iota of evidence for enhanced gold/pgm metals in the carbonates, and evidence that fluids associated with the volcanic processes were capable of leaching metals, etc? Do you have a true understanding of what it takes to form an ore deposit? Without such evidence and knowledge, it's impossible to seriously theorize genesis of ore deposits.

Dave
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