Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-11-05

ourselves Dy q NUMBER OF our clle0LS
to bring an action Immediately to
annul lease No. Z. Do not care to
cooperate with him. Messrs. Taylor
and McCleiland contend that they
are opposed to the continuation of
the lease, but the extraction of the
ore continues. We are reliably in
formed that the owners Of lease No.
Z have armed guards on the prop
erty and are using every means at
their command to extract as much
ore as possible during the supposed
life Of the lease. We regret very
much to have to bring this action but
under the circumstances we see no
other way to protect the minority
stockholders in general. The Gold
field mining company, whose stock
bad quite a drop in the last
week is undoubtedly as we mentioned
III our last letter been subject to the
attacks of several brokers in San
Francisco who no matter how good
and well managed a property is, are
constantly looking for weak spots,
none of the largest holders are in a
position right 10Y to protect this
stock the consequence is that a prop
erty of undoubted merit is attacked,
in our opinion, and we pride ourselves
on the fact that we know whereof we
speak, the Goldield mining company
is one Of the very best in Goldfield,
the new strikes mades on this prop
erty a few days ago are bigger than
anything ever encountered before on
the famous January lease, and we
predict that instead of having $50.
900 cash in the treasury when the
lease expires the company will have
$75, 900, also 300, 900 shares Of treas
ury stock intact aud will owe moth
ing. If this stock was selling for 45c
or SIC a share before the property
was ever half developed and before
tie values were even known to be
anywhere neal what they have since
proven to be, this stock is a buy for
IA big rise. Don't be frightened off
by the unloading of this stock, it must
and will do better, and we recommend
its purchase strongly, Another
property worth taking a flyer in is
/, the Booth mining company, stock
around l5c it looks like there was
Zoe a share in it in thirty days. The
same may be said of Oakland Goldfield
mining company stock, the manage.
meut Of both these companies is excel
lent and the locations are second tc
{ none. Stock in the Sandstone mining
company and the Columbia Mountain
+ mining company is inconcievably
cheap; the Sandstone is sackins
t $500 ore and certainly is worth the
, money it is selling for. Columbia
t Mountain mining company stock j,
one of our favorites and we will con
stautly advise one and all to buy thi.
= stock, put it away, forget you have
, 1T and sell it when you once are of
fered S. a share for it; this is NJ
r dream, for we sincerely believe tina
Columbia Mountain mining COMPANY
stock will sell close to S. a share in
side OF one or two years. The com
1 pany is working the property itsel
I, and have ample money to do 50, tht
e directorate consists of the pioneers
+ of the Goldfeld camp and the con
tract for the tunnel which was lie
i by them has been done IN a thorough
Z and capable manner They are nov
in some 200 feet and have encountered
some lodges carrying fair values bu
nothing Of a sensational nature. Ret
Top and Mohawk are also cheal
stocks and all will do better. Blacl
Butte Extension mining COMPANY
l. stock which we have Just incorpo
5 rated will surely bring TO all thosl
II who purchase now an excellent prof
on their investment, for as soon a
o 100, 900 shares Of treasury stock ha
t been sold the company will at ono
a start to work and we predict tina
e in a short space of time will be abb
to startle Goldfeld with new dis
%coveries. Black Butte mining com
S pany stock is firm at 25c; it was re
9 ported that it had struck the Quartz
lite ledge. II that is so Black Butt
stock will 500 sell for Soc.
d In conclusion we wish to say tina
" the amount OF arrivals are of al
n average OF from IS to 100 per day
They stay a day or two in TonopaI
and then proceed to Goldfeld wher
e they rest up and from there on dow
to the new Bullfrog district, and re
+ ports from there are most excellent
e Buildings are being erected in tina
e new district as fast as they wer
o when Goldfeld was discovered, an,
we would not at all be surprised wer
n it to turn out as big as its siste
n camps. Any Information about Gold
NJ field or the Rnllfrnp districts can b