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

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To: Tim Hall who wrote (1758)5/26/1998 2:54:00 PM
From: Richard Mazzarella  Read Replies (1) of 5143
 
Tim, <<histogram>> MGAU sent it out to shareholders when they announced their meeting. I hope they put it up on their webpage for all to see. What delighted me was that the histogram portrays a very different picture than their previous announcements about assay grades. The announcement suggests anything from nil to high grade ore. Of course hearing that had me thinking "yeah, it's low grade except for a hot spot". Not so, the high grade assays are the majority and form a very nice large homogenous area. The big issue of course is the ability to recover that grade economically. IMO MGAU has been more conservative than most of our dirt's. That doesn't help the stock short term, but maybe there will be another story at the end of the day?
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