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

To: Karl Zetmeir who wrote (3249)	4/6/1999 8:08:00 PM
From: Texas77	Respond to of 5143

Karl - Have you sold any shares? Remember now - Your answers can count against you! <<And ... did I buy more? You bet!>> Yea - and I'll bet that their true value is exactly the same as the IPM shares. How many of them are you still holding?

To: Karl Zetmeir who wrote (3249)	4/6/1999 9:22:00 PM
From: Claude Cormier	Respond to of 5143

<<Your skepticism is well honed after Bre-X, Claude. However, how many scams have you seen put a pilot plant into operation for all to see? We're going to be in limited production shortly ... using a process so many have denigrated. Will you believe then? >> Not yet. It will take a lot more. Let me first say for the record that I haven't call MGAU a scam and will not. But, when a mining company says things like that: "We have had engineers estimate the weight of the mountain and we are comfortable with a figure of about 196,000,000 tons. We are confident that we are able to recover over an ounce of gold per ton of ore". It raises a flag! There are no huge deposit on this planet like the one implied by the above statement. Maybe the intention of MGAU was not to say they think they have more than 196,000,000 ounces of gold, I don't know. But to the naive investor, this is what this statement is saying. So, there is no way serious people will not become highly suspicious. In that context, whatever results that come out of any pilot plant, will also have to be considered suspicious. We must demand more proofs. I have an opened mind and always give the benefit of the doubt to the player, so I will wait and see. If MGAU wants to get my attention, they will need to have results confirmed by a Kilborn, MRDI, Simmons ..or else. CC

To: Karl Zetmeir who wrote (3249)	4/6/1999 9:48:00 PM
From: Tim Hall	Read Replies (2) \| Respond to of 5143

Karl, <<However, how many scams have you seen put a pilot plant into operation for all to see? >> I have seen too many of these to use the word scams. Let me substitute DD. So far we have a Maxam pilot plant, at least two GPGI pilot plants, two Naxos Pilot Plants and I think even CHIP had a place to put a pilot plant. The pilot plant is not in operation yet. Tim Hall