Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) Message Board

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

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To: mark silvers who wrote (2582)	2/4/1999 5:39:00 PM
From: Karl Zetmeir	Read Replies (2) of 5143

>>All the ore used in all of the tests started with ore that was processed by mgmt? I know this will get people upset, but if that is what they are saying, there is no COC.<< I think this is exactly what they meant ... And while it may not be optimal CoC according to some International Mining Standards ... it is a CoC in that J/L nor anyone else went near the material. Again ... it comes down to placing some trust in Mike and the Crew. The market is speaking ... and speaking loudly with 170K shares traded today and up +32%! Wake up ... there are NOT going to be resource calculations in the immediate future ... there is NOT going to be Chain of Custody by Strathcona in the near future ... there is NOT going to be undeterminable delays before we see some positive cash flow from a pilot plant! What there is going to be is a profitable pilot plant churning a healthy positive cash flow by mid year and proving the scaleability of the J/L process that is underpinning this winner! You can sit on the sidelines and wring your hands over "conventional mining protocol" ... and you can watch this stock soar ... your choice! This stock is not a Bre-X ... it's in the good ole USA ... and I can't imagine for a minute Mike wants to spend the rest of his life in an 8X10 with Bubba! <G> The important part of this release, if you believe Mike is not a crook ... is now we're talking about recovery assays from bulk sampling. And the assays are nothing short of fabulous! In a mining world where mines are built on .004 opt, how does 175X that amount at .7 opt sound? Sounds great to me!

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