Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1879-02-12
Sunshine Silver Mining.

A somewhat elaborate statement-sepn
columns-in a recent number of the Ere
Press, signed by John T. Drew, President 4
the Sunshine Mining aud Reduction Com
pany of Colorado" has called out the TO,
lowing vigorous editorial protest in the
Georgetown (Colorado) Courier, the leading
newspaper in the state. We commend its
careful perusal and consideration to those
who have already invested in this enterprise
We beg pardon of our readers for devoting
so much space to this subject but Just es-
innate of how the mines are held by respon.
sible parties in the state may not prove en-
tirely unwholesome
/" 1t is the common supposition among those
who are at present interested in Colorado mines,
that the day for selling prospect holes at fancy
prices has passed by; but from statement that
has been sent out, made by the officers of an east
ern company that has been formed to work some
mines in this state, are led to believe tlat the
spirit OF '6570 still exists to some extent at the
East
AS we never heard of the company or the
mining claims before we saw the article referred
to, we will not attempt to pass judgment upon
their real or prospective value; but as the mine
owners and prospectors OF Colorado cannd afford
to suffer repetition OF the experience OF the early
territorial days, when prospect holes were held
at as great value as developed mines, and the
consequent heavy loss by investors and bad repu-
tation given our mining industry, on general prn-
ciples we will refer to a few points in the state
taftb a t.ft
!" brief history OF the company, according to
the statement, is, that they own eight unpatented
mining oi"'ns io' "'i.h 'h"' p''u Tiio'ooo S''ei,
anu "pon '"'' o"s'' 'ney '''',o ''s"niNeo COM
p"Ay wiz" capital Vi eooV'oVVi one-siA'n vi 'nc
'no""' oei"s 'eselse a ior "o'h'ns o"p''''' anu
'oiu y" o's,S vi 8'Vo'VVo ioi '''v property
III ies"iu " '"e N"iue vi 'ie properly VIC
',"u ,ne'e are qui'e hu"ioer u, 'n"i's SUM VI"
.'o uiioie". 0"i's, 'a"sios an '"o way ho''
'en 70 SiA'y iee' III ueP'n anu run '"ese "orh-
,'s9 '"e 'e'''"o"'' y, one mn" ''" 4" eAnio''e'
'''"' "0'''u az '"o MN VIC sum VI 1ofo', anu
e'','o" uSS"VS "i'nos' "''nou' mint LUIS 10 '"e
,o'oiu VI '"o property winch .'es ooh'eSS ~ ua'e
oee" green enous. " pay qiio'VVV ior' anu WHICH
'"ey compare 70 tue Cons'ocN Oh nevada
onuer ordinary circumstances 'ne ioo'ish IN
'o''no"' Vi 'ii'"ey o"y 'o"oeihs '"ose "no III
'0''' ''. W ''' ","oi' ''"n'"o"o"s VI '"'S MIMI
na'ea oeep '"eah'ne' ior II is 10 TIE 'h'eres' Oh
."e '''e '''' o"p''i snou'u come mere anu ASSIST
i" ue'eiop'ns our RESOURCES anu every uoilar ID
"u'o'ousy invested reac's upon thes.i'e VI large
anu ior '''a' re''soh on'y we criicise .s repor. %
sal"pe vi ohe s'yie vi ih'n'ns Investment
III '"e n's' pace, property Oh 'nis c'ass w,''ch
uoes ho' SNOW ore Oh suincieht value 70 ihduce
'ne prospec'or 10 continue WORK can DC CONSIDERED
IN no o.nei hght 'hah prospect, which may
prove Vaiue'ess WIN continued ueVelopment, ana
may prove oohahAai oue IL Is 'he height Oh ioiy
'or investors W pay us great price ior prospects
rs ior ueVeioped mines ,hat are more than paying
EXPENSES Inc next point we REFER 70 is spec-
men ASSAYS "l'cn III no manner esoaohsh value
10 u mine' as there are many claims In all mining
districts that never nave, and IN all probability
never VIII, pay expenses, from which very rich
specimens can be obtained.
1t is a very common thing for some parties to
compare thelr claims with the Constock or some
other well known mine That mas paid enormous