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


To: Karl Zetmeir who wrote (2583)2/4/1999 5:47:00 PM
From: Chuca Marsh  Respond to of 5143
 
How about 17.5 times 0.04 Majic Number or 0.03 True Majic Number or even revised majic numvber of 0.01'5 OPT...not bad. I just heard that Mike went out and bot all the chemicals from a J & L shopping list of ingrediants. So, it is a cheapy chain of custody...I can accept that. I can really accept the Market Open for Tomorrow!
This is not that bad of a COC, IMHO. Not by Strathcona but...this ain't Indo...and this is Home Grown stuff in the Jurisdiction of Arizona...no problem yet with J & L....they can not be criticized here. Praised...not otherwise. remember, this ain'y Freeport McMoran making the offer to buy at the ask...just investors like use and maybe in the future the all of the investment community....250,000,000 tons at a half OUNCE per Ton at say $300 per Ounce Per Ton is mind boggling=
$37,500,000,000 Decimals may just be correct. Divid by a 20 year mine life..hell use a hundred to make it easy-
$375,000,000 a year in Gross. Yeap. That is about a large multiple times the fewfold I saw at the Maxam Game Plan from the past at Low OPTs....it's the volume, stupid!
Chuca
P.S.- Onward to Stick Lizzard. Damit.



To: Karl Zetmeir who wrote (2583)2/5/1999 1:00:00 AM
From: Claude Cormier  Read Replies (3) | Respond to of 5143
 
<<The market is speaking ... and speaking loudly with 170K shares traded today and up +32%!>>

The market spoke loudly for IPM as well which was also in the good old USA.... Until a real chain of COC and full disclosure including the name of the reputable lab... the story will remain hard to believe.

Keep in mind that it is only $170K that traded this stock today... For a property that looks higher grade than Argentina Gold's Veladero and has the size as well...it is a very pale number when compare to the several millions that went daily into ARP a few weeks ago.

CC

Waiting and watching.