Mohave County miner., 1899-03-18
OptimistS the Most Successful Miners.

individuals can be too careful in min
ing as well as in other lines of business
1t is not always the ultra. We
men who secure the most successful re-
suits in mining, says the Rossland Miner
Experience has shown that such indivd
uals accomplish mora in other lines than
they do in mining, where the optimists.
the individuals Of sanguine, hopeful TEN.
perment, secure most OF the Irizts A
case In point is the different results at
tained In the lie Roi and Center Star
mines. They are sister properties, WI b
the same gold, silver and copper veins.
The LIE Roi was managed by men of san
eulne, hopeful temperament, who were
willing to live and let live. They were
willing that others should make s)me
thing Desides themselves. Work was be.
gun Oh the lie Roi in 1891 and has been
prosecuted with yigor ever since 1t has
pad it's owners, up TO the time it Was
sold to the Brrlsl American c. rporation,
nearly million dollars in dividends. 1t
had splendid hosting and pumping
plant and fine compressor This cost
probably In the neigh borhood OF $50, ,OOO$
1t constructed at cost OF 25O COOS, a
smelter at N1rthport. Its management
spent in the neigh borhood OF 1000 ,OOOs
for labor. supplies and for smelling before
1t was sold 10 the British. A merican cor
poration for 3 500 ,OOOs This, when added
to the sum paid in dividends, showed that
1t netted it's owners somewhere in the
neighborhood OF 4,50O, ,OOOs, besides Civ.
ing 10 the public about 1000, COOS ex.
pended for supplies and labor This
latter sum went into general circulation |
where il was OF much benefit. This ia q
splendid showing Tor the men of hope.
who we're willing to let others make
something 80 long "a they, too, secured a
fair share Of the prof of .he property.
The Center S'sr WAS located in 1890
and soon thereafter the work OF develop
- " ooh""' ohu HAS tten IN progress
ever since. The men who owned and
this property we're Of the ultra.
conservative type. They developed the
on an extensive scale, and II is
said that about 250 ,000$ or 300 OOO$ was
spent in this way, the money for this pur
pose coming out Of the pockets of the |
and through the sale OF I
'tock. 1t was the idea Of the manage. ,
nent to erect reduction works on the
property. In these the ore was to be !
rushed with stamps and then passed c
ver plates, to the end that the free gold a
night be extracted Then the pulp was t
be concentrated at the rate of about u
even into one and the concentrates '
'ere to be sent to the smelter. This
'ould bring the cost OF smelling down TO o
bout Dos per ton; that is to say one n
'n oil concentrates would represent seven =
'ns OF ore as 1t came from the mine and
1en' the management claimed, the Cen. z
9 Star stockholders would get nearly b!
'erything there was in the ore, and the er
nelter men and others would only get p'
very little. These plans were never q
'rrled out and the property finally in
'ssed into the hands Of the Gooderham. M
lackstock syndicate sor consideration &c @
1000 .OOO$ ~.s.I0~ al al
Mark the difference between the two tu
'iicIes. The stockholders Of the LIE tn
oi received about 4,5OO,O ,OoO$ and ex- VI
ndei 2,0OO,OOO$ besides for labor Il