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


To: Char who wrote (3519)4/22/1999 5:03:00 PM
From: Paunch  Read Replies (2) | Respond to of 5143
 
Char,
Third party verification sounds good but, some of these DD's have been at it for 20 years and some of them with third party COC verification. I believe Naxos had this and it didn't help them.
I believe the way Mike has chosen to go is right, he has only been at this for two years and is already far ahead of any of the others.
No one in the mining industry has believed yet COC or not that there is metal in Arizona. MGAU has proved that they can remove the gold and I think we should give them a chance to prove they can have a commercial recovery.
Paunch



To: Char who wrote (3519)4/22/1999 6:20:00 PM
From: Claude Cormier  Respond to of 5143
 
<<There you go with that 3rd party again.>>

What can I say... this is a must.. Otherwise no one will believe that they may have (1.7*196) 333 millions ounces of gold in that crater (those are the numbers used by MGAU right ?) . It will be almost unbelievable with a 3rd party confirmation of grades, let alone without it.

<<I think part of the problem would be getting a drill rig up to the top of the crater. Maybe one could be dropped in by helicopter.>>

No big deal. This is done very often if rough terrain.