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


To: E Schmidt who wrote (1920)9/18/1998 1:20:00 PM
From: Karl Zetmeir  Read Replies (2) | Respond to of 5143
 
Let's try to put this into perspective:

1.) We aren't talking "Complex Mineralization" ... this is the real stuff: "FREE Gold" ... the stuff that goes through a standard fire assay and conventional extraction/leaching processes.

2.) Due to the limitation of the drill, they were open on the bottom as they could only get to 10' of ore.

3.) The ore has assayed at .447 opt ... this is 15X greater than would normally be considered economically feasible.

4.) Previous medium volume gold mining is in very close proximity.

5.) Cash flow from the pink marble and gold could well fund the Singua crater development ... another huge gold deposit (IMHO)

6.) Typically, gold grades get better the deeper you go ... we may be looking at the tip of the iceberg.

7.) THIS IS ABSOLUTELY NOTHING BUT SPECULATION AS VERY FEW DRILL SAMPLES HAVE BEEN TAKEN ... WE ARE MILES AWAY FROM ANYTHING BEING PROVEN OR ESTIMATED IN SIZE OF THE STRIKE!

8.) The stock is up 65% today!!! Ahhhhhhhhhhh ... the good ole days! <GGG>