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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Thor Carlsen who wrote (5024)4/27/2000 9:06:00 PM
From: geoffreycs  Read Replies (1) of 5143
 
Troy Ounces per Ton Head Ore: Non-Scoria

Gold Palladium Platinum Rhodium
Inspectorate Results: 2.88 5.10 5.10 5.90 "These results are similar in magnitude to the first samples and suggest that the proprietary nanotechnology developed by the Company may have broad applications in the production" of wildly ficticious results.

The fact that scoria is not known to host 19 opt ore anywhere is not important. The fact that a Pt/Rh and a Pd/Rh of one does not occur in natural ores anywhere isn't either nor is the fact that previous statements by MG indicated conventional recovery years ago but no significant recovery yet. At the above grades they only need to recover 1% to make a profit.

What is important is that some poor souls out there will believe this nonsense.

Also important is the fact that this sort of thing gives Jr Mining companies a very bad name.
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