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


To: Chuca Marsh who wrote (2914)2/18/1999 1:14:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 5143
 
Chuca,

The Siguana Cindercone has potential of 180-200M tons according to the company. Surface exploration in 1997 over a 2 sq. km. area produced grades 4 grams/ton. (.127 opt) on average.

This implies that for each meter of depth, there is 600,000 ounces. IOW, a world class property...

Since this is by conventional assay I don't understand why...

1) No takeover since 1997 base on Sinagua alone ?

2) Why no major financing since 1997 for MGAU... base
on Sinagua alone ?

BTW, can you tell me what are the Galleon Claims ? Are these the Sticklizard property ??