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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: TheBusDriver who wrote (4779)11/5/1999 12:40:00 PM
From: Richard Mazzarella  Read Replies (1) of 5143
 
Wayne, J/L has been pushing the extraction technology rope almost 20 years. IMO they convinced a trusting x-minister to do due dilly out of his garage through some successful experiments. I think the bottom line here is that J/L has an extraction/concentration process (leach), but fails to have a recovery method. The recovery issue is the reason Maxam didn't embrace them. The ore in the previous PR OPT was some control probably purchased to develop process, we still don't know if they can do anything at the cinder cone or desert dirt ore economically. I think the hobby shop boys need to give investors a detailed update (the webpage would be appropriate). Then we may be able to better evaluate our investment here.
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