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


To: Karl Zetmeir who wrote (2734)2/9/1999 1:23:00 PM
From: Chuca Marsh  Respond to of 5143
 
Karl, I am glad you noticed the macavellian revisionism by Laser.
Chuca(Yes, I like shareholders-it's the anonymous ones that get me going.)



To: Karl Zetmeir who wrote (2734)2/9/1999 1:44:00 PM
From: Laser  Read Replies (1) | Respond to of 5143
 
What greater standards? It's always been customary for companies trading on canuck exchanges to disclose the assay lab's name. Withholding the name due to "confidentiality" would get you a suspension in short order. The BB has virtually no reporting requirements, it's "whatever you feel like reporting is fine with us" attitude with BB regulators.



To: Karl Zetmeir who wrote (2734)2/15/1999 12:26:00 PM
From: Claude Cormier  Read Replies (3) | Respond to of 5143
 
<<Why should MG be held to greater standards?>>

But where is the problem of revealing the labs name. These confidentiallity agreement make no sense.

Most small companies do release their names.

...The two main gold vein structures identified by the company have a combined strike length of 200 metres. Significant channel widths and uncut grades include: vein No.1, 3 metres grading 15.66 grammes per ton gold and 4.26 g/t silver; vein No.2, 9.9 metres grading 14.78 g/t gold and 5.0 g/t silver; and vein No.2, 3.6 metres grading 9.39 g/t gold and 4.26 g/t silver. Several other smaller structures have also been identified, with gold grades ranging from 1.0 g/t to 10.0 g/t. Sample intervals were no greater than one metre in length, and all assaying was done by TSL Laboratories in Saskatoon . Preliminary metallurgical testing indicates the gold is non-refractory. Bottle roll tests on samples crushed to 10 mesh (100 per cent minus 1.7mm) indicated gold recoveries of above 80 per cent....

From a very recent NR.