The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-08-27
sfinauriaI.
PLAIN TALK
TO INVESTORS.


dices that exist against mining invest
ments by the people OF New York, and
also that II is not without good cause.
For every good mine offered there are
dozens Of poor ones that never have nor
never can pay dividend. They arc
largely stock schemes for the benefit OF
promoters" Some claim TO have mines
when they have only prospects, and their
declarations are most extravagant even
for these.
II may not be known to the people Of
New York that the mines OF the State OF
Montana have enriched the people OF
Massachusetts, and the New England
States by turning millions of dollars into
their pockets yearly. The Yankees arc
buying the stock OF Montana mines when-
ever they are offered, provided they have
merit and good management, and they
take the trouble to find out. They will
have nothing to do with mine or mines
unless in the hands Of experienced and
responsible Western mining men who UNI
derstand their business, and when these
conditions exist they take the stock and
make sometimes fabulous profits.
The way they make money is to buy the
stock OF a good legitimate mining prop
erty when IL is first offered and hold 1t for
dividends and an advance in price. Any
OF the readers Of this article have but to
refer to the reports OF the Boston Stock
Exchange to learn that many Montana
mining stocks have advanced within two
years from 100 to 1000 per cent, land
have paid large dividends while doing so.
No other field in the world will make so
much money out OF small investments as
quickly and as surely as a good mine or
mines, II you get into the proper ones;
and IL you will follow the tactics OF tho
Yankees the chances will frequently
present themselves by following these
| rules -
First-Learn that the officers and d.
| men.
| Second-Read what the experts have to
report as to the ore in sight, assay value,
profit per ton.
Third-Ascertain whether the mines Of,
fered have produced ore that has been
sold to the smelters.
Fourth-The manager (who must be a
|
make a statement showing the average
value OF each ton Of ore In his mine or
mines, the cost of extraction, the smelt-
ing or milling charges and the net profit
per ton; also the number OF tons he has
In sight.
II all the above points are answered
satisfactorily, you can make an investment
as profitable as the mining expert him.
self. IL mining company offers its
| stock IN the Duhlic without heinp able IN
answer the above requirements in full,
don't buy the stock until they are able ID
do 80.
This article is written in the interest of
the Basin Gold and Copper Mining
Company stock OF Montana; II meets all
the requirements enumerated above; IL
has 1 4 patented mining claims, covering
to have future second to none within tho
State. The great "Hope" Mine is one OF
the 4 claims and part Of the ESQ acres.
1t alone has produced over 100000,
and conservative estimates made by
several experts OF national reputation
claim that there is in sight in the "Hope"
alone about $3,OOO,OOO. 1t Is also
now exist Is only 1-lOO part OF the veins
contained In the property owned by the
company. The vein as opened in tho
"Hope" Is from 20 to 80 feet wide, and
the ore will average between ST and So
per ton, which will concentrate as high as
$50 to $50 per ton.
The fiscal agents OF this stock recon-
mend Il to the great and small investors OF
New York without reserve. 1t will be
profitable to those who even pay double
the price now asked for the limited
amount OF treasury stock offered. The
character OF the officers and directors OF
the property is sufficient guarantee to all
to Justify the purchase OF its stock, to say
nothing OF the fact that the mine has
produced about 100000 in eighteen
months, and would have continued to do
so but for the fire that burned its shaft
house and workings in 1896. If it had
not been for this disaster the stock could
not have been purchased at a number OF
times the present price.
There is no reason why the people OF
New York should not enjoy the profits to
be made out Of legitimate mining invest
ment such as the Basin Gold and Copper
Mining Company's. stock represents.
They have the same facilities to learn tho
facts as the New England people have.
The profits from mining should not be
entirely the gain OF the New England in-
vestors.
The fact that good mining stocks start
out at low figure, such as the "Hope"
is offered to-day, enables all classes to
participate, ana the Workingmen, clerks,
shopkeepers, and In fact all small invest
ors, have an equal chance with the men OF
large means, as all reap profit from
dividends and from the advance in price
as It's value Is appreciated and il passes
into stronger hands, as did the CANA
CONDA," BUTTE AND BOSTON,"
"BOSTON AND MONTANA" "PAR-
ROT" and many others.
II is conceded by many OF the intelligent
miners in Montana to-day that the "Hope"
properties, as they are called there, have
as great future as the anaconda" or
any OF the other large mines that are held
up in the millions.
Mr.. Hewett, the manager. states that
the ore already developed in the "Hope"
Is greater than that OF the anaconda"
of hain0