Bisbee daily review., 1906-11-20
AN UNLIMITED SUPPLY IF
 COPPER
Is tie Opinion of a Mining Ex- pert in Regard To the Greene Consolidated Mining Com pany al Cananea,

Bcston.-A well known mining man | who has had unusually broad experi- l ence in the examination of mines has | recently made a complete examina- ! ton of the properties of the Greene 1 Consolidated Copper company at Can anea. Mexico. in the interest of the Duluth parties who have recently been active purchasers of the company's shares.
 This man. while admitting that there is much opportunity for improve ment in the method of handling the Greene ores, is exceedingly bullish On the mining end of the property. He states that the supply of ore on the Greene property is practically limit less, and that only a very little has been done, gigantic as the scale of operations is on developing the ulti- mate resources of the property.
 From careful exam-aation of the books he also states that Greene is gradually making progress toward the proper process of handling its ores and that the big plant bids fair to be extended and matured until 1t is ca pable of doing the work that should be required of t.
 There is no reason, according to this expert. why the Greene cost sheet should not be reduced to somewhere in the neighborhood of g cents pound and at that figure he points out that there is a margin of profit that Will make the Greene steady winner m der all market conditions that are like ly to arise.
 Costs during the year past. exclud- ing construction costs charged to the Df F cents and in some months have been slightly under Il cents the pound.
 He also states that there is no req son why Greene poundage of copper per ton of rock produced should faii under 55 pounds per ton.
 He also believes that the gradual reconstruction of the Greene plant and the introduction Of the Montana system. big water jacket furnaces and biy reverberatories for fines and dust will when entirely complete be DE factor in a considerable betterment at the Greene works.
 The company is following set pro gram outlined by one of the best mii men in the country, and in due time it will have completed it's plans.
 The strike and the Arrangement oi labor conditions at the plant neld up this construction work, and this IS only now getting into full swing again
 This work has been in progress TOT over a year, and it will be rushed rom this time forward with it's usual speed and the company should get the bene fit of it within short time now.
 The recent trip of Colonel Greene and one of his corps of engineers tc Butte was largely for the purpose ol seeing the latest improvements tna' are now being installed at the Wasn oe smelter with the intention of slVlne the Greene improvements the beneii' of the latest engineering skill.
 Greene Consolida.ed output mas been maintained at the rate or abou 4.5OO,Oo0 pounds of copper since tn' strike. but the company normail! should have no trouble in keeping tn' production above 5,000,000 per month or at the rate of 60,000.o00 per annum
 At this production Greene will D abIe to more than meet its dividend re ouirements, but the big future o Greene Consolidated lies in a large 1T crease in output.