Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1901-10-26
because they were phe-


Tonopah does not require the
scratch of a pen to announce its pres
ent and future possibilities. Pen pies
lures or personal opinions do not
make mines, but production and bull
lion vindicatc them beyond all contro-
versy Every single article that has
emanated from this camp relative to
| its wealth has been most substantially
supported by train loads of rich ore
rushing oceanward for reduction.
Did these jim-crow experts in ar
irving at their several opinions take
into consideration the immense
amount of second class ore that is be-
ing extracted from every opening in
the camp, or did they in their ex-
tremely limited ideas of values con
slider fifty dollar ore worthless Do
you hope by your empty vaporings to
bear the certificates of an Organiza-
tion that is not making the faintest
effort to place or enhance the value
of its stock ? Are you aware of the
fact that those who have been delv-
ing in the Tonopah properties for
months watching with the tireless
energy of practical miners every
characteristic of the ore deposit.
every new feature, noticing the GER
tain though gradual enriching of the
ore as depth is attained, placed every
dollar at their command in Tonopah
stocks and would have invested all
their earnings in the same mannsr if
the company had not refused to place
another share Are YOU aware that
these same men are now paying 50 80
per share for this stock and anxious
to acquire it even in the face of your
false statements
Some of YOU have made statements
to the effect that several leases
(nammg them were worked out
Do you know that the operators of
every lease you mentioned are going
to place steam and gasoline engines
on their ground. and with only a lit
tie more than two months in which
to operate them? Does this action
Indicate that the ground is worked
out Would poor men 90 to this
expense for this limited period know
ing their values were gone The
richest ore ever extracted from the
Mzpah ledge is now being taken
from the deepest shaft on the lode,
being l75 feet in depth.
Others in their extremity attack
the financial standing of the company
and say lit is not good. Those
thoroughly conversant with the en-
tire stua tion know this assertion to
be as false as it is ridiculous. Some
of the most solid men, financially and
otherwise. in the city of Philadelphia
and elsewhere are connected with the
organization, and there is not IA
mining company operating on this
coast better fortified financially than
the Tonopah Every payment. and
they were large ones, has been
promptly met and this is sufficient
evidence of their integrity
But for the sake of meeting your
infamous allegations we will assume
that the organiza tion is not worth a
continental, would that fact detract
one iota Of merit from the mines
here? ?
In making your elaborate examina-
tion did any of you stop long enough
to form any estimate of the ore in
sight in the different openings in con
nectiOn with the second class ore
already on the different dumps?
Would it surprise you to learn that "a
conservative estimate places the
value of the Tonopah mines at the
lowest depth of l75 feet at FIVE MIL
LION DOLLARS Did you stop to con-
slider that the royalty that accrues
to the company from the date of the
transfer of the property to January
lst, 1902, will nearly if not fully in
demnify them for the purchase price,
1896, 900? Can you show a parallel
instance where this large amount of