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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Claude Cormier who wrote (2623)2/5/1999 8:08:00 AM
From: Richard Mazzarella  Read Replies (1) of 5143
 
Claude, <<the story will remain hard to believe>> Probably. IMO MGAU doesn't have the money to do a conventional resource determination at this time. It seems they will leverage themselves through production, maybe even generate enough funding for future conventional recourse development. While a definite risk, people can believe or not, invest or not. COC hasn't been a panacea for these mineralizations. 3 desert dirt companies have already been stung with screwed up big name COCs, 2 where the COCs were overstated.
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