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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (4187)	6/13/1999 12:00:00 PM
From: Char	Read Replies (2) \| Respond to of 5143

Richard. So many questions.<VBG> Personally I kind of enjoy Mike's creative writing style in the Presidents letters. While I agree that the PR should stick strictly to facts, I see nothing wrong with embellishing the Presidents Letters a little. That's just my opinion and I realize other may not agree with it but that's just the way it is. >as I suspected, the refineries have a problem with the concentrate.< I assume you are making the same assumption that I did, namely that all 4 of the refineries said cannot process the concentrate in the current form. Mike ensures me that they haven't heard back from all of the refineries yet so this is still an open issue. >Does anyone know if Johnson is being paid anything more to be the holder of the keys?< I don't think he is but I don't know for sure. I think the J/L agreement required him to provide all the support required to get the PP into full scale production. >Does becoming a refinery inhibit profit?< I doubt if it would if it was being done on a large scale. I think it's just more costly to MG while they are still working with small amounts but again this is JMO. >Why should we believe that MG can refine what the professional's can't?< I asked Mike a similar question and received a two part response. One, the concentrate sent to the refiners is not exactly the same as the concentrate that the dore was poured from. The process has improved since then. The second part of my question was why can't Dr. J show the refineries how to process the concentrate. Mike replied. "It is our intention to have Dr. Johnson show the refinery of our choice how to take the concentrate to metal." I guess things just don't happen as fast as we would like. Char

To: Richard Mazzarella who wrote (4187)	6/13/1999 12:02:00 PM
From: Paunch	Read Replies (1) \| Respond to of 5143

Richard, That is my problem with the refineries not being able to work with the concentrates, why is it so difficult for the refineries to do if Mike can do it, or is it that Mike is only doing small amounts and the problem is to be able to do the concentrate that comes from the 1000 tons per day . Something not quite right here, I am not saying anything is wrong , I am just saying something is no quite right. I agree also , the announcements should be strictly business. Paunch