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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Tim Hall who wrote (2455)1/29/1999 10:24:00 AM
From: mark silvers  Read Replies (1) of 5143
 
Tim,

<< From the geological inferences in the past this is a vein deposit. It would therefore be just as important to note the true width of the vein in the assay results. I find it hard to believe that they drilled a 1000' hole and hit the vein throughout the whole length and that the grade was so consistent. That is unless they were lucky enough to keep the hole in the vein for the full 1000'. >>

One reason for this is that J/L believes that something like 80% of the worlds surface contains what austin calls "spooky gold". They feel that their process is the key to recovering this vast wealth of gold and other precious metals. They have stated that they know of many properties that can achieve the types of numbers gotten here, and many where the numbers are even higher. Basically, they were stating that
it's not the property, it's process.

Before someone blasts me and says that it is not true, J/L stood before a very large group of people at the naxos roadshow a year and a half ago and stated these things publicly. I dont remember their exact words, but this is a fair representation of my recollection.

At one point, while testing their process, when blanks came back with numbers, I was told that they thought the process was recovering gold
from the ore that was in the blanks!!!!!!!!!!!

Mark
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