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


To: Joe Hartenbower who wrote (3899)5/27/1999 7:53:00 PM
From: Tim Davies  Read Replies (1) | Respond to of 5143
 
i guess i was/still a bit am, hung up onthe none hype thing. its sure a different approach lol. so these guys are actually putting rock through some propretary process then sending it to a refiner and getting money on the gold they get out, and currently they are getting 5 tons per day through or 7 oz gold (roughly) or 1500 bucks per day . and this is actually hapening and they are going to build a plant that will be paid for from cash flow that will put the production up to 1000tpd or 1500 oz gold per day.. ..
the next question is,, where can we find simmilar deposits that can be done this way, or is the method restricted to a very unique type of deposit, not that theres anything wrong with this one.. but it just begs the question..
tim



To: Joe Hartenbower who wrote (3899)5/28/1999 12:41:00 AM
From: Claude Cormier  Respond to of 5143
 
<<Come on Claude invest a few dollars. You don't want to miss a sure thing, do you?>>

Unfortunately Joe, I can't see how MGAU is a sure thing.

I guess we will agree to disagree for now and discuss this again in 3-6 months.



To: Joe Hartenbower who wrote (3899)5/28/1999 7:16:00 PM
From: Mark Bartlett  Read Replies (1) | Respond to of 5143
 
Joe,

<<Wait a minute. I think it's likely that the process is the most
important thing in this whole deal. I think security is the most
important consideration. Why take a chance?>>

I agree, Joe - so can you tell me who when the patent for the process was applied for - and when they expect it will be granted?

TIA

MB