The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-01-12

A few days ago The Herald made
prediction that is even now III a meas
ure fulfilled. In this prophecy it was
stated that the visit of Professor
Charles Buffers to Utah would result
in the consolidation of the Mercur and
Golden Gates mines, at Mercur; and
while this consolidation has not been
perfected as yet, it is the general I'M
preston among well-informed mining
men that now De Lamar has secured
an option on the Mercur mine II Will
not be long before the plan as out
lined above will be contaminated, as 1t
is not believed for a minute that the
captain is getting the Mercur for him
self; but that on the contrary he is Sc
curing it so that when joined to the
Golden Gate h can sell the latter mine
to advantage, as it is we'll known that
mining, experts have held that the two
properties should go together.
This is a simple problem TO solve, Tor
there is no reason why these proper
ties should be examined again by eX-
perts, and especially by gentlemen OF
Worldwide repute, unless there was a
third party-a big foreign syndicate
that was backing the whole business,
as it is we'll known TO De Lamar the
exact value and condition of the Mer-
cur and it was not therefore necessary
for him TO send out another installment
of experts to find out for him what he
already knew.
AS it is, the like of the Mercur and
the Golden Gate cannot be duplicated
anywhere in the known world, al
though it is more than likely that in
time to come other properties of the
same magnitude may be found In
Camp Floyd district, and with these TO
operate on the big syndicate that The
Herald believes is behind all of this
Mercur excitement will find that 1t has
the cream of the developed gold prop
critics in the west.
The Herald also made a prediction
touching the other mines of the dis
trict, and although these may not be
filled to the letter, the prophet Will
not miss 1t far.
For instance, it was stated that in
the De Lamar deal the Geyser, the
Marion and the Sunshine might be
gathered in by the embrace of foreign
capital. In this there was no error, as
it has been said on good authority that
overtures have been made for inter-
ests in the Geyser mine, the Marion
and the Sacramento, while the exam
nations that have been going on at
the Sunshine and the Overland GER
tainly carry with them some signifi-
cant meanin~.
The Herald does not mean to infer
that all this is the doings of Captain
De Lamar, for this would not be the
true condition of affairs, as it is under
stood that Professor Buffers and his
brother are not here for the mere pur-
pose of examining. mines, but that it
is also their intention to get in on all
properties of merit that they can,
either by buying in, putting up mills
using their process of ore reduction, or
by purchasing outright, as opportunity
offers.
This, without doubt, is the plan at
the present time, and if the intentions
and projects of the party are carried
out Camp Floyd will be the most active
mining camp in the west within the
next 60 days; as, besides this invest
ment of foreign capital, there are
others who will flock to the district in
droves until the camp, in its excite
ment and progress will discount the
brightest days that Cripple Creek ever
had.
There are but few who have any re-
alizatiOn of what is in store for Camp
Floyd district, but when the awaken
ing comes to the masses they will go
wild with excitement.