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

To: Richard Mazzarella who wrote (2788)	2/16/1999 8:23:00 PM
From: Dan P	Read Replies (1) \| Respond to of 5143

Richard: I am a shareholder of MG as I was a shareholder in IPM. Remember that one folks? That too was supposed to have zillions of gold and pgm's with the sky the limit in terms if price appreciation. With respect to MGAU, I am certainly thinking of adding to my position, but as of yet, while results are very encouraging, we need to get some specific numbers as far as the economy of the methodology. We probably won't get that far until the pilot plant is up and running, and can figure out the costs involved. In the meantime, this company has cash flow, and a conventional gold deposit as well, although the extent of that deposit is unknown. At any rate, grades of about 1/2 oz/ton is nothing at all to sneeze at. I would suggest, as you do , that we not get carried away with these astronomic, and very likely unattainable calculations of possible share price appreciation, as they only create the aura of hype, and invite shorters to come in and knock the stock down. In the meantime, let's enjoy the run, and hope that it goes on all year. Regards Dan