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


To: d:oug who wrote (2596)2/4/1999 8:16:00 PM
From: Char  Read Replies (1) | Respond to of 5143
 
Doug

The 500# sample wasn't from the quarry, it was from the crater. If you look at the web site it says the crater is estimated to contain 200 million tons of ore. If we can get .5 oz/ton then we have 100 million oz. This is huge. Can't say what extraction cost are, but if Mike says the pilot plant will be profitable by the end of the second quarter then I don't think they can be too high.
Char