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

To: Karl Zetmeir who wrote (2989)	2/23/1999 11:25:00 AM
From: Richard Mazzarella	Respond to of 5143

Karl, <<IPM was doomed>> <<4.) There are probably more>> I agree with you. IPM management operated the property like a conventional resource, drill, assay, fund, and mine. IMO what they missed besides the difficult mineralization was that the metal deposit isn't homogenous as shown by recent Maxam work. Allowing their COC consultants to just randomly select the area for COC was the death knell. Everything else was just fun and games.