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

To: Karl Zetmeir who wrote (2125)	11/5/1998 8:32:00 AM
From: AurumRabosa	Respond to of 5143

Karl, The free gold is "extracted using conventional methods and assayed using standard fire assays" just like the other mines that have been operated nearby. As I understand it the gold is not contained in the marble but in an adjacent "vein." This will allow MGAU to benefit from both deposits simultaneously. Bradley, I haven't been following any mining companies for awhile and as my recent posts attest I'm out of touch. Looks like Chuca and Karl have been staying in close touch with Mike and reporting on what they learn. I think it'll take a couple of months of selling marble to really learn what the net revenue will be. If it's sufficient to sustain the company then MGAU could really develop legs. Mike's a dedicated hard worker and it sounds like he's made some tough decisions lately. Mike's very easy to talk to and any interested investor could give him a ring.