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

To: Mark Bartlett who wrote (3928)	5/28/1999 8:19:00 PM
From: Char	Respond to of 5143

Mark >Was wondering - how does MG know that they have the gold in this area,if they have not done the work to prove it is there?< MGAU has done a lot of testing on the crater but it has only been to the 5ft level. Dr. Johnson has been working on the "stuff" from the crater for almost six months now and they know exactly what they are recovering. 5 TPD are currently being processed and there is a lot of concentrate piling up in the lab while they still wait for the refinery reports to come back. This log jam should be broke shortly and then regular shipments to the refiner can start. In the mean time they are smelting some of the concentrate themselves to create dore bars which should help them receive checks sooner. Char