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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Paunch who wrote (4934)1/12/2000 1:02:00 PM
From: Karl Zetmeir  Read Replies (2) of 5143
 
I'm really surprised to see you make an analogy to IPM. You know as well as anyone there is NO relationship to IPM in any way shape or form other than Le Furlong (now in Australia) probably still owns a few shares.

IPM by comparison NEVER
1.) Developed a process that was remotely successful
2.) Developed any intellectual property worth a patent
3.) Built any kind of a pilot plant outside their lab
4.) Had world class physicists on staff
5.) Worked with scoria (volcanic ore) ... nothing other than DD

You can fault MG for not being a PR mill ... but is that what we really want?

That's where IPM ultimately screwed up with the NASDAQ ... instead MG has taken the posture of only reporting accomplishments when they happen and not promotional hype on what will happen. That's a refreshing approach compared to all the P&D that takes place in resource juniors.

Yeah ... it might be painful on a day by day basis. Watching a thinly traded stock is like that.

What we need are significant happenings. MG is NOT "waiting" for a refinery agreement, they are aggressively pursuing one. We all know what happens if we "wait" for the Fu Bird.

It's easy to let our imaginations play havoc with us between PRs ... but that doesn't mean nothing is happening or that Mgmt. has lessened it's resolve. The wheels of pioneering new technology sometimes move slower than we might like.

I'm just happy that when a PR is made, we can have some level of confidence that it's factual.
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