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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Hans Smedema who wrote (4990)3/19/2000 11:50:00 AM
From: Alan Vennix  Read Replies (2) of 5143
 
Hello, Hans. Hope you and Wies are still doing OK - ever get back to the States? If you ever have a chance to come to the Houston area, get in touch and Rina and I would love to get together with you both.

Yes, still involved with the "dirts", although not to the same extent as before. I remain convinced there is potential there (even if not as prolific as we once thought) - there is too much evidence to the contrary for it all to be a sham, inspite of some of the individuals who may have proved to be less than completely honest. It's obviously more difficult to unlock and make profitable than we once thought, but all is not lost (in my opinion).

I've converted what I could of my dirt holdings into MGAU shares as I believe they have the best chance of being successful in the near term. (CHIP may be "profitable" as a trading mechanism but certainly not in the metals/mining arena.) Waiting now to see how the latest Dr Johnson treatment turns out.

If you've been following this you already know that the technology that existed a year ago for treating the target sediments (resulting in so-called Stage II material) showed promise and received interest from a Foreign refiner experienced in handling precious metal mixtures. Additional samples of Stage IV material were submitted to the refiner but no results have been reported as of yet. If the Stage IV material lives up to its promise, it could provide the company with a methodology to apply to it's own resources as well as that of other companies material, resulting in an attractive income stream for shareholders. Several big "IF'S" but still looking promising, in my opinion.

Alan
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