Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Claude Cormier who wrote (3851)	5/27/1999 8:33:00 AM
From: Tim Davies	Read Replies (3) \| Respond to of 5143

i believe that the usga has a definition of what is ore , and for a company to say its ore they must have done a certainamount of drilling. So if the company is calling it ore then there will be a lot of drill holes confirming that its ore, not rock.. tim

To: Claude Cormier who wrote (3851)	5/27/1999 9:04:00 AM
From: Char	Respond to of 5143

Claude Well maybe I was premature on the 1.73. This is what Mike said in one of his letters. >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.< I guess for the time being we should just say >1 oz/ton until further information is released. That may not be good enough for you but it is for me. Consider me guilty of being a speculator.<VBG> Char