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

To: Larry Brubaker who wrote (2198)	12/11/1998 10:53:00 AM
From: Karl Zetmeir	Read Replies (2) \| Respond to of 5143

I think you'll find Johnson Lett are involved on the StickLizard property. PR's tend to understate rather than overstate. When MGAU says they're in "negotiations" with J/L ... you can bet your bippy they're much further along on evaluating the legitimacy of J/L's technology than 1 day before releasing a PR. If J/L is involved in Sinagua, they obviously aren't as far along to be doing a COC as the StickLizard property. Keep in mind we have 3 separate projects here ... each with different mineralization, each requiring different technologies for completion. How would you like to be the Quarry guys who sold the property to MGAU ... who then finds a huge resource right under their nose? Fortunately for them, they also got about 50K shares plus cash plus some rights on the marble only ... my guess is they'll come out better on the stock than any other part of the deal.