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

To: Karl Zetmeir who wrote (4863)	12/16/1999 8:42:00 PM
From: Victorio	Respond to of 5143

Well looks like we have a technology, gold, silver and platinum group metal play all rolled up into one. Later...

To: Karl Zetmeir who wrote (4863)	12/17/1999 11:06:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 5143

Karl, a few of comments of caution. I suspect that the results reported are from "engineered" ore used for testing purpose and doesn't represent the MG resources ore. Notice the high values of head ore grade. Do you really expect to see those grades all over the Southwest? Second, there isn't any indication of extraction cost. Third, did the refiner say he would accept concentrate at the levels reported in the press release? IMO caution is required based on that press release.

To: Karl Zetmeir who wrote (4863)	12/19/1999 1:29:00 AM
From: geoffreycs	Read Replies (2) \| Respond to of 5143

"A second domestic refiner could not detect precious metals in a single-process Stage II sample." I think Bre-X also had to go to stage IV sample processing

To: Karl Zetmeir who wrote (4863)	12/22/1999 3:04:00 PM
From: Karl Zetmeir	Read Replies (1) \| Respond to of 5143

MG Natural Resources Announces Patent Approved PHOENIX, Dec 22, 1999 (BUSINESS WIRE) -- Patent for Treated Ore Approved MG Natural Resources Corp. Wednesday announced that it has received notice from the U.S. Patent Office in the form of a "Notice of Allowance" that its first patent application has been approved. It should issue early in the year 2000. The allowed claims provide the company with broad-based patent protection for a uniquely treated (processed) ore that contains precious metals including gold, silver, and platinum group metals. The processed ore is obtained by converting refractory (difficult to assay and extract) ore to an ore form that responds more favorably with traditional precious metals analytic and extraction methods. This new form of processed ore was invented and produced using an innovative technological method invented by Alvin C. Johnson, Ph.D. The patent was assigned to MG Natural Resources. The company has a second "pending patent application" for the method of producing the treated ore. MG continues to conduct research and development by Johnson and his laboratory team. Through their work, MG has created additional new precious metal technological inventions that the company believes are important and for which additional patent protections may be sought. Johnson is a corporate director, chief technical director and a major shareholder of MG. Corporate Goals The company has reoriented its strategic plan to focus entirely on the development of the gold, silver, and platinum group technological intellectual property being developed by Johnson. MG believes that this technology is potentially so important and so valuable that all other opportunities available to MG are insignificant in comparison. The technology has application to the company's Sinagua and Sticklizard properties but as importantly, to many other refractory ore properties as well. To further this end, the company has raised money through a private placement of stock, sold unrelated assets and cleared the balance sheet of most debt. The company has established for itself a strategic plan laid out in a set of goals that have been listed under "Management" on the company's web site at mg-resources.com.