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

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To: Thor Carlsen who wrote (4852)11/25/1999 8:29:00 AM
From: Richard Mazzarella  Read Replies (2) of 5143
 
Thor, we can't forget that these are very speculative investments, we, read me, is the only one responsible for my investments. IMO buying into a promise is nothing more than many of these CEOs have done. Little companies that don't have the luxury of a large R&D organization must listen to the few "experts" that they believe honest. The CEOs wants to hear only good news, not bad, that's how their heads are screwed on. They want to please us shareholders with the same wealth and success that they wish for themselves. Unfortunately, along with gold mines come greed and the reality that gold is everywhere, the main question always is if any deposit or process is economic. Experimental evidence can be created for mining gold where the desire for success overwhelms caution. The desert dirts have demonstrated that point to us a number of times. IMO don't equate enthusiasm for dishonesty. Only after a long pattern of failed enthusiasm with excuse can we conclude dishonesty. However, there are moral issues that can't be ignored. Jensen takes 6MM shares for catalysts that don't work. J/L takes 13MM shares for a process that hasn't been economically proved. The MG jury is still out. IMO MG currently has a extraction method, but not a recovery method that is economic. Will that change? Time will tell, patience and diversification is required. Investments shouldn't place stress on one's health. Happy Thanksgiving.
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