The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-05-19

most active stocks, is suffering greatly from
the general decline. This is onother stock that
IS being snapped up by the cool headed buy
ers ut present figures and it will show them
handsome profits, as Il heavy advance is IS
sured.
GOLDFIELD MINING-This stock shows an
advance over last weeks quotations. and the
present low figure is due to the fact that they
have suspended work until a pumping plant
can he installed. as a great deal OF water was
encountered in the workings which made this
move necessary. The pumping plant should be
installed in a short time. when work Will i'm
mediatcly ~re-comInence with renewed activity.
The quotations on this stock will then assume
a figure commensurate with the property val
ues.
SANDSTORM-News il Just at hand OF Il strike
on the far end OF Sandstone mountain, demon
strating the continuity OF the vein through the
entire property. This confirms Our prediction
that Sandstone YOU prove to be one OF the
big propositions and that clients who disposed
of their stock in the insane panic OF a month
ago would long regret their action.
The leasers on this property are continuing
to extract the same grade ore and, II any
thing, are making better shoWings than for
merly. 1t is announced that the leases, which
expire in September. will be renewed until
January LIST next. Several OF these lcasers have
agreed to sink their shafts to the 200 foot level,
and work will be prosecuted vigorously. There
is 10 question but that the showings at the
grass roots on this property. which startled the
country, will be eclipsed when the proper
depth is attained. We have all along advised
holding Sandstone stock, and time will dem
onstrate that our advice was good.
Us u,hD IA ~. a.. Al 4 ina xrotal thar
this is an excellent property. in fact one OF the
best in the district. Our statements have been
verified in the strike which has Just been made
on this property, confirmation Of which we
have received, While it is too early to advise
the values, yet old miners who have seen the
ore body say it is one OF the best ever uncov-
| cred in the district. This took j. due for an
early advance, and il wi! TO. surprise Us TO
, see II 60 to soc or 81 90 WITHIN the next sixty OF
ninety days. Thi, ada> one more big producer
to the Goldtield district.
acknowledgements inactive and weak and
il is a good thing that i being overlooked.
The leasers are continuing to strike good val
ues and this stock should be selling Tor many
points above the present tigure.-
TOKOr CONSOLIDATED; viii only be a
question OF a short time Unit, the ;ea-stamp
| mill, winch HIS DecU uEEuiiBtu ~ u VI SoH
structed on this prOperty-and III which enter
prise the Tokop Gold Mining company will
ioin-will be in place. This will mark II new
epoch III the history OF southern Nevada, as
this district-which has to some extent been
overlooked by investors generally-will assume
its proper place in the ranks of producers.
There is an abundance OF wood and water at
hand for all purposes of this kind and the ore
can be handled and treated at II minimum OF
expense.
The crosscut tunnel on the Juno and Com
mander claims was in IS feet nj the date OF the
superintendent's last report, and work was
progressing very satisfactorily The Bellville
and Golden Gate claims are being crosscui, and
ASSAYS show values OF from $40 to $50. The
Bellyille tunnel is in about so feet. and II ledge
averaging 20 inches shows values as high as
$780, O. Twelve men are now working on this
property.
TOKOP GOLD MINING COMPANY Til
property OF this company adjoins that OF the
Tokop Consolidated. and it has identical OF
even better values than the last-named. The
ompany's finances are i'll splendid shape, AS
shown by the last report. and under its capa'
BILE management this company will. within d