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

To: Laser who wrote (2017)	9/26/1998 12:23:00 PM
From: Char	Read Replies (1) \| Respond to of 5143

Laser Isn't it unusual for a company to publish projected profits. Most companies leave that for analyst's to try to guess. Results are usually published after the fact. Dave

To: Laser who wrote (2017)	9/26/1998 2:43:00 PM
From: Tim Hall	Read Replies (1) \| Respond to of 5143

Laser, I did a little research. In Albuquerque, crushed pink stone is selling for $27/ton ($35/yard). Pricing in the Phoenix area should be similar. I assume that the retailer has a 20% mark up so the wholesaler/manufacturer is probably getting about $21/ton. The material has to be trucked about 100 miles. Conservative rates for this type of transportation, with no back haul, are about $.10 per ton mile so the freight from the mine to Phoenix is about $10. For material that has to be stripped, blasted screened and crushed, costs should run about $7 per ton. This would leave a profit of $4.00 per ton. This type of material usually comes in two sizes, 3" to 8" rock and 1" rock. The miner is probably rejecting 15% to 20% of the mined material because it would be to fine for customer use. When people by stone they don't like too much sand in it. At $4.00 per ton, the miner would have to be producing 250,000 tons per year for $1,000,000 profit to fund crater development. That would be almost 1,000 tons per day on a five day a week basis. Disclaimer: These numbers are based on information I have researched or estimated or on my own experience. Tim Hall