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


To: Tim Davies who wrote (4348)7/6/1999 12:24:00 AM
From: Laser  Respond to of 5143
 
Tim, the refiners are having problems processing the "concentrate" from the pilot plant, hence no metal = no checks. At last report, a 25 lb sample of concentrate had been shipped to an un-named refiner with Doc Johnson to follow thereafter to address any problems with the refining process. The one and only check received by MG was for a dore' bar poured in-house, supposedly, from 1 ton of processed Sinagua ore back in March/April. I'm very skeptical of MG and J/L as they are reluctant to publish lab names and other pertinent information with which an investor can make an informed decision. There are some assay labs that cater to the "dirts", and J/L has one of them. I see quite a few red flags on this stock.