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

To: Karl Zetmeir who wrote (4496)	7/29/1999 6:43:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 5143

Karl, <<And the desert is full of precious metals.>> Maxam management has told me a few times that the desert isn't full of precious metals. Metals exist in only certain areas. Economically recoverable precious metals everywhere is a misconception. What point is there in investing in a commodity that exists everywhere, where's the proprietary appreciation potential? If you know that we have a Joe Champion transmutation here, I'll sell everything at the open tomorrow. Frankly, the report by MG proving up 0.50 OPT on ore that fire assays less than 0.005 should have everyone concerned. We may not be miners, but we have enough technical skill to suspect reports of magic. To date MG has been a good religion, but very poor on reporting to its technical audience. Let's get it straight, the ore from the crater is from areas already shown to have precious metals by previous (before J/L) assays. If the J/L process proves up more through preprocess or some greater assay efficiency, great. However, I am reluctant to consider metal reports from MG other than those assayed at the crater and the marble quarry without more information.