Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Richard Mazzarella who wrote (1782)	6/4/1998 5:02:00 PM
From: GlobalMarine	Respond to of 5143

When I first did my due diligence on MGAU, Mike told me that: 1) Drilling the cindercone will be difficult; one plan would be to sink a well casing into the ground and drill the casing out; 2) It's not possible to grind the cindercone material finely for the ball bearings or other grinding media will be quickly worn out (i.e. expensive). 3) Fire assaying can and has been done, but it is necessary to re-fire each assay sample several times to get the gold out on account of the complex mineralization. All in all, this project doesn't sound like it'll be a cakewalk.