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


To: bradley g mooney who wrote (3415)4/21/1999 2:31:00 PM
From: Karl Zetmeir  Respond to of 5143
 
And how many shares are you willing to buy if a check is forthcoming?

I'm just happy to see the title of this thread accurate again.



To: bradley g mooney who wrote (3415)4/21/1999 2:51:00 PM
From: Paunch  Read Replies (2) | Respond to of 5143
 
Bradley, I agree , but how long does it take to refine before the checks start. I think with PGM's it takes about a month or more, i don't know how long it takes with gold. Mike said they had gone from one ton per day the first week to five ton's per day the second week, this is the third week and I haven't heard anything of any further advancement in the tonnage.
If they can recover the 1.74 OPT per ton at a cost at what Maxam has said their cost is the first week should have produced a check after the refining cost of .06 % of just over $ 1,300.00 on the second week the check would be $ 6,500.00. I would love to see a $ 6,500.00 check presented on the home page. At 1000 ton' per day the yearly income would be $ 72,384,000, I believe there is about 13,000,000 shares outstanding that would give us a dividend of $ 5.56 per share. Using a PE of 20 would give us a share price of $ 111.36.
Oh well it doesn't hurt to dream, and maybe it is not a dream.
Either way I believe Mike has done more in less time than any of the other DD's
John.