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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Karl Zetmeir who wrote (4863)12/17/1999 11:06:00 AM
From: Richard Mazzarella  Read Replies (1) of 5143
 
Karl, a few of comments of caution. I suspect that the results reported are from "engineered" ore used for testing purpose and doesn't represent the MG resources ore. Notice the high values of head ore grade. Do you really expect to see those grades all over the Southwest? Second, there isn't any indication of extraction cost. Third, did the refiner say he would accept concentrate at the levels reported in the press release? IMO caution is required based on that press release.
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