Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) Message Board

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

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To: Richard Mazzarella who wrote (4708)	10/14/1999 7:52:00 PM
From: Karl Zetmeir	Read Replies (2) of 5143

The fact that they have been working with "Sinagua-like" precursor ores was covered in the last Press Release. The purpose of a pilot plant is to prove out the process ... not necessarily the ore. I'm not sure there's all that much difference in the ore sources other than apparently one is either more economical, more accessible or something else that's a time-saving and/or money-saving benefit. I know they've been tweaking the process for months now. I don't doubt there's piles of junk around that was screwed up to the point it couldn't be reworked ... nothing wrong with that ... that's R&D. I asked Mike what he meant by "expendable" ... and that's it. X amount of tons gets screwed up in the R&D process and you discard it. The important thing is the ore ... which they feel is below or equal to the grade of Sinagua ... has a spectacular grade in comparison to other mining ventures. I believe we can assume Sinagua will be equal to or greater than the grades in this PR. It's really hard to complain about results like these!

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