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

To: Henry Volquardsen who wrote (2846)	2/17/1999 1:06:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 5143

Henry, I agree that there is a problem with the terminology. I think that all Mike is trying to say is that he retained and assured complete control of ore from digging to recovery. There have been too many problems with the dirts in the past where people other than those most interested in accuracy and reliability have been left to "mess up” the works, IPM, Naxof, and Maxam easily come to mind. I think that investing in MGAU this early, before any conventional COC, is simply a matter of trust in MGAU management, nothing more. IMO the problem has been lack of sufficient funding to do a conventional COC resource determination. Even with one, COC doesn't guarantee anything as we have all recently witnessed. Everyone is absolutely free to pay more for the stock as more due dilly is proved. Mark, you know as well as I, that any simple speculative estimate for metals in the ground for any of the dirts would support stock prices in the hundreds of dollars, I'm not speculating anything new here.