Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-09-02
MAGILL'S MARKET LETTER
the weeks Movement in Stocks
and work in the Mines.

1H1 wy
investment now is a "sure thing" no
matter which stock be the investors
choics. All of them will go higher than
present prices, and some Of them will
make big money for those who hold
them or purchase now. A number of
the Tonopah stocks may be said to be
investment stocks, with the element of
ejaculation practically eliminated; such
as Tonopah of Nevada, Extension, Bel
mont and Midway. Others are in the
course of entering the same class,
such as Jim Butler Golden An
Choir, West End and others. There is
no apparent reason why the price of
North Star should not be higher, and |
don't think the time is distant when we
will see it go up with a whoop and a
hurrah. This stock, at its present
price, is positively a bargain.
Goldfeld stocks too, offer excellent
opportunities just now. Jumbo has
gained Z points during the week, and
with its huge ore bodies, and prepare
ton for mining on large scale now go
ing on, win rise much higher. Red
Top is an excellent buy at present
prices, and will make good money for
its buyers. Diamondfeld and Black
Butte can't remain where they are
much longer, All these and others. Of
fer fine inducements to investors who
have the means to handle them, but
there are numerous other and cheaper
stocks in the market which give the
small investor the same opportunities
enjoyed by those who got in on the
ground floor in Tonopah and Gold
field. History repeats itself. Let us
look back a moment and review the
progress in some these stocks:
800 bought 100 shares Of Tono-
pah Nevada, in 1901, now worthS 800
800 bought 1000 shares of Tono-
pah Extension in June, 1902,
now worth $500
1lJb bDuBul ltUuV ottdItS VI lOIlO-
pah Midway in 1902, now worth 1000
$500 bought 1000 shares of Tono-
pah Midway in Nov, 1904, now
worth 1000
$3.50 bought l 900 shares of Tono-
pah Belmont in 1902, now
worth 1900
$3.50 bought / 900 shares Montana
Tonopah in 1902, now worth $500
Sl75 bought 100 shares of Mon
tana Tonopah in Nov, now
worth $50
$40 bought ], 600 shares of North
Star in Nov, 1904, now worth 600
$50 bought 100, 900 shares Of
Goldfield Mining Co., in 1903,
now worth 60, 900
$40 bought !, 200 shares Of Sand
storm IN Nov, 1904, now worth 800
Jumbo Goldfeld Mining Company
which extracted 81, 600, 900 in eight
months was offered shortly before they
struck values to Richard Coburn for
$50. The camps of Goldfeld and Tono-
pah are replete with such incidents as
this, and these are only a few of the
many.
Opportunities are greater than yer
before. Many Of the new camps dis
covered within the last year show far
better prospects than did Tonopah for
the same time after its discovery, and
there is no doubt they will be the peers
Of the older camps, A few months
more of development work will in all
probability produce results as startling
IN value and character as Tonopah and
Goldfeld. Bullfrog is on the eve Of a
boom, fully warranted by the mining
outlook Of that famous mining region,
for the merits of 4 large number Of the
properties are firmly established.
Among the most promising of the new
camps are Kawich, Ida and Silver
Bow, and they deserve all the attention
that is of late being bestowed upon
"'N'ls ANtN Ulilltb are btlllB bDtl-
ed in them right along, transfers
OF properties lat high figures are re-
corded from day to day, and strikes
are constantly being reported. The
Blazer property at Silver Bow promises
to be a wonder, and the leasers on the
McGonigal group are considered as
lucky ones" for both of these proper
ties are preparing to ship high grade
ore. There is much development work
gong on at Kawish with the most en-
couraging results. There is no doubt
that both Of these camps will repeat
the history Of Tonopah and Goldfeld.
Ida, an old camp reborn, moves to
tne front with great, long strides, and
offers opportunities to the small invest
or who gets in early who gets in now.
marvellous values are exposed from
gay to day in gold, silver and copper.
Ida promises to be one Of the greatest
copper centers in the country another
quite, These are ground floor PROPOSE
ions now, but ere long they will be
beyond the reach of the small investor.