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

To: Char who wrote (3517)	4/22/1999 4:36:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 5143

<<I'll have to admit I would like to see a couple of well spaced drill holes from the top of the crater all the way down to the bottom. I think if they showed the crater was relatively homogeneous all the way to the bottom them it would do a lot to convince some skeptics>> That is what I think... and as long as the process follows a chain of custody with a reputable 3rd party involved (OK not BD, if you don't like them<g>), that would go a long way to get market attraction, credibility and much higher prices. Look what happened to Nuinsco stock after they announced their 10% nickel interception at Lac Rocher. The market cap went from below $15M to more than $130M. All this because they got one great hole and the people at NWI had a lot of credibility. NWI was able to raise $10 millions from investors who hoped the company would find another Voisey Bay. The dillution was a very reasonable 9%.

To: Char who wrote (3517)	4/22/1999 7:05:00 PM
From: Victorio	Read Replies (1) \| Respond to of 5143

I have learned a lot by my own desert dirt mistakes over the last few years. For example, we staked one of the largest dry lake beds in Az. The problem with it was there were so many other metals in the ore (some refer to these as "nasties") that any extraction method would take forever to figure out. Witness the years the other DD's have been attacking the problem. I believe the BRX to be in this category also. I believe MG has figured out that the key is to find an ore without other metal interference where extraction is a simpler equation where the yield is extremely high. Most companies are tied to one orebody no matter what. Even shareholders become somehow tied to a single orebody. I have in the past! With the J/L technology MG is not so bound. A huge advantage. At this stage and in this market cash flow is important. The rest will follow in due time.