The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-02-09
QUERIES 80
AND
!. ANSWERS

The property is excellently located. side
lining with the Quartzite of the Black
Butte. one of the best claims in the
camp. Receivers receipts have been is
sued on all four claims. The company
is pursuing the leasing system. The
estate is divided into IA blocks. Three
of these rave been leased. and two more
leases will be let within the coming
week. Recent assays have run $47.5s:
ss4; s65.56. One assay gave 5 per cent
copper, which indicates that the values
will be permanent. Management good
Guy Leroy Stevick. well known attor-
ney of Denver. president. j. M. Ellis.
former city attorney of Denver. secre-
tary and treasurer. Company not sell
ing stock at present.
subscriber" spokans-Goldheld Vic
tor company has -four claims. Three
are of full area, and the fourth is in
conflict. about one-half of this claim
win probably be saved to the company
which would give about so acres. The
claims are the Victor, Victor No. 1. Oc-1l
eidental and Occidental No. l. Patent
work has been done on three claims and
proper steps taken to obtain full title.
Work on the other. in progress. Two
leases will be let in ten days. In the
northeast end of the district in good
locality. Management good.
T.. r.. r., C-incinnati.--it is our under-
standing that the property of the China
Nevada Gold Mining COMPANY is all
paid for and that the money derived
from the sale of stock is to be devoted
exclusively to the development of the
property. The property is we'll located.
The Aurora-Bullfrog, one mile east of
the China-Nevada, is getting ore run
ming as high as 1891. Their tunnel, 155
feet in. gets average assays across 8
feet of over s57. The C~hina-Nevada
lies between the Mayfower and the
Aurora-Bullfrog, in the same mineral
belt and with the same amount of de-
velopment should get equally good re-
turns. The stock is listed on the San
Francisco exchange.
A. ]. L., Indianapolis.-The Columbia
Gold and Silver Mining company has a
comparatively low capitalization, being
700, 900 81 shares. Company owns ,
claims in the Lone Mountain district,
Esmeralda county, this state, being IA
miles from Goldfeld and Tonopah, on q
direct line between the two. The rail-
road is but three miles distant from the
property. and there are several good
mines in the vicinity. The ompany is
free of debt. and has a good plant of
machinery. Said 70 have a little ship
ping ore.
p. s. NJ, Lancaster, Pave cannot
be expected to recommend any one
stock as eth best buy in Goldfeld," as
you request. For the mines, see the
quotations of the exchange, in this
paper. AS a rule, the Mine shares are
selling below what they are actually
worth, and can be relied upon as a
pretty safe and profitable investment.
The Prospects are of speculative value,
and should be bought as a speculation
more han an investment. Several OF
the prospects are reaching the mine
stage, and will sell for a good deal more
money. If you wish to trade in stocks
that you can turn quickly and take a
profit, would advise the purchase of list
ed securities. If you want to take a
flyer" some of the new fiotations offer
good opportunity. If the right one IS
picked, large profits should be realized
by holding for a time.
G. q. h, Tampa, F1a.-See last weeks
Queries and Answers for Goldfeld Hub.
C. II. H., Chester, Pa.-The clipping
from the New York Christian Advocate
is a gross exaggeration and misstate-
ment of the facts. Goldheld is not being
depopulated by Manhattan or any other
camp. OF course a number of boom
ers' and fioaters hustled off to Manhat-
tan when the rich discoveries became
known. Just as they will flee from Man
- 4
cries. There is an element in every
camp that is ready for any new strike
wherever it may be, and will rush in
with hopes of getting early locations,
and making a cleanup, So far as Gold
field is concerned, no one here realizes
that the town is ~'depopulated" or that
there is any diminution of business
either with the mines or with the bust
ness houses. TIL papers publishing
such rot are doing GoIdfeld a great in
justice, although there has been no in
jury so far. Most of the boomers
will be back before long, Just &c in the
case of Bullfrog.
E. T., San rrancisco.-Goldaeld Hi
hernia company. listed on saft francisco
exchange, but there has been no quota
lions of late and apparently no trading |
in the stock. The owns about
SO acres of ground adjoining the Ne
vada Boy. Black Rock and ~Conqueror
properties. Can get little information.
Investor" Boston.-The Kawich
Gold Reed Mining company own four
claims in the Kawich district adjoining
one of the best properties in the camp. |
A shaft has been sunk 100 feet and work |
which has been suspended for some time
will be resumes as soon as arrange
ments can be made to get water. The
company has an application for a lease
from responsible Tonopah people and
as soon as the water question is settled
the concession will probably be granted.
The Gladiator and Herald companies
are said TO have been promoted by the
Southwestern Securities ompan of
San francisco. We know little of them.
z. p. c., Los Angele.-Lige Harris
Bullfrog Gold Mining company owns
129 solid acres CT ground east of
Beatty and Gold Center about two miles.
| Work done. . shafts. both 40 feet deer.