Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tim Hall who wrote (2455)	1/27/1999 10:22:00 PM
From: Laser	Read Replies (1) \| Respond to of 5143

Tim, the NR should have stated what assay method was used. If Karl is right and a standard non-tweeked SFA was used, recovery shouldn't be a problem. Yet, I see MG is proceeding with a bulk sample using J/L technology......WHY BOTHER? Who needs them when we all know that ores that are SFA'able are extractable by conventional methods, so screw J/L. Also, the location of drill holes in relation to one another, would be helpful in determining if we should be getting excited or not. Like you say, more questions than answers, but to end on a kind note, compared to Global, MGs' NR is somewhat of an improvement. ;-).

To: Tim Hall who wrote (2455)	1/29/1999 10:04:00 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 5143

Very good questions Tim.

To: Tim Hall who wrote (2455)	1/29/1999 10:24:00 AM
From: mark silvers	Read Replies (1) \| Respond to of 5143

Tim, << From the geological inferences in the past this is a vein deposit. It would therefore be just as important to note the true width of the vein in the assay results. I find it hard to believe that they drilled a 1000' hole and hit the vein throughout the whole length and that the grade was so consistent. That is unless they were lucky enough to keep the hole in the vein for the full 1000'. >> One reason for this is that J/L believes that something like 80% of the worlds surface contains what austin calls "spooky gold". They feel that their process is the key to recovering this vast wealth of gold and other precious metals. They have stated that they know of many properties that can achieve the types of numbers gotten here, and many where the numbers are even higher. Basically, they were stating that it's not the property, it's process. Before someone blasts me and says that it is not true, J/L stood before a very large group of people at the naxos roadshow a year and a half ago and stated these things publicly. I dont remember their exact words, but this is a fair representation of my recollection. At one point, while testing their process, when blanks came back with numbers, I was told that they thought the process was recovering gold from the ore that was in the blanks!!!!!!!!!!! Mark