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


To: Chuca Marsh who wrote (2130)11/5/1998 11:49:00 PM
From: WLAVEL  Read Replies (1) | Respond to of 5143
 
Chuca,

On the chance you haven't figured it out....o3x290= $8.70 a ton and .02X290= $5.80 a ton...I hope by the time you get ready to spool up that you have some kind of processing system that will be economical.

You just don't have economic gold at any location...not until you
can set up a system that can handle several hundred thousand tons of ore per day....Remember the leach pad I mentioned..2 to 300 feet high
40 to 50 acres long...big, big trucks, check to see if you material has a lot of clay in it...hard to leach if loaded with clay, you would
have to add up to 2 lbs of cement per ton to keep the material from congealing, costs go up....If you go the secret process way (hewlett) you can't process enough ore to make operating costs (at those values).

Mute point in that he doesn't have a recovery system.

wl