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


To: Richard Mazzarella who wrote (2368)1/12/1999 11:03:00 PM
From: Laser  Read Replies (1) | Respond to of 5143
 
Check this one out Richard:

wwforums.info-mine.com

Looks like someone scooped my process. ;-).



To: Richard Mazzarella who wrote (2368)1/13/1999 11:01:00 AM
From: Karl Zetmeir  Read Replies (1) | Respond to of 5143
 
I'd take $200G any day of the week ... twice on weekends! <smile>

This is a radical departure from all the other DD's ... and one reason MG will be a winner: they are funding their own R&D rather than continuing to go back to the Stock trough and dilluting shareholders.

I don't know the exact profitability on the $200G ... but I'd have to think after the quarry operation (blasting, crushing, delivery) we have to be looking at $75 to $100G GOP ... and that pays for a heck of a lot of assays and non-cash producing activities necessary for an exploration company.