The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-01-05
MINES N MARkET
Weekly Review BY hccormaek-Dorseycen =
January 5. 1907

jority of these have ssaAs ork within
the last four months AZ 81 them
have ore. sAd an 1otalling
machinery. others nave not vet zoached
sufficient depth to enter &c mincf1lised
rome.
still on to the south are the septsn-
Der and October claims of the Rel ns1s
Mining company. where recentNV Top
ment has uncovered some very cn
~strinsers OF high grade ore, showinr sse
continuation of the ore veins into hat
territory. sim farther to the south and
over a mile from the Mohawk ground, IL
the Portland shaft. This property fs
also making a splendid showing. A
mile and a quarter southeast OF the Mo-
hawk. are the Gold Bar and c. o. d.
properties. One mile due east from the
Mohawk Is the simmerone. which was
one of the early properties in the camp
to uncover rich ore; they now have 1t
at depth.
A mile and a half north of the Mo-
hawk is the Sandstone. that has and il
still producing high grade ore. Four
miles north and a little east of the
Portland, is the Great Bend property.
To the east Of the Great Bend are the
Daisy and Diamondfeid Black Butte
Consolidated. both Of them producers Of
high grade ore. Immediately south of
the Daisy are the Triangle and Jumbo
Extension ground, both being producers.
Where the intervening GROUND has been
developed to depth, good values have
been found, and while Golddeld camp
will show a production for 1906 Of at
lease $40. 600. 900, the camp as a whole
is as yet in the prospect stage. Each
new strike stimulates development
farther out and roves the mineralixed
zone to be of greater extent.
The development for 1907 will be far
greater than the past year, and we
strongly advise the purchase of shares
Of companies having well located prop
critics, that are receiving intelligent de-
velopment. This class Of shares will
show the investor the largest returns.
The strike situation is fast approach
ing solution. and we believe tina it will
be settled within a few days. There Is
a disposition on the part of both the
operators and miners to get together
and 1t is now only a matter Of details.
One of the strongest indications Of the
favor in which the Nevada securities
are held by the investing public, il
shown by the fact that Immediately
after the strike was in~augurated east
ern buying orders began pouring in for
the shares Of all of the better COM
panies. OF course these orders were
for the shares at q price several points
lower than the market at that time.
Few of them were filled. as the market
has held up Remarkably firm, and has
really advanced over the decline that
took place in anticipation Of the usual
holiday dullness. Many would-be pur-
chasers are now raising their limits.
eager to get in before the settlement Ia
effected, feeling absolutely certain that
a strong advance will occur all along
the line the moment the word is given
out for the miners to resume work.
Practically the entire list can be
bought with safety. OF course there are
special bargains; we know Of some prop
critics which we are sure will show an
advance Of SO to leo per cent over pres
ent prices, within 80 days after a set
Element of the strike Is effected. If
you want to get into The Nevsdas. ans
get your share of the billions IT. arc
being added to the woAd's saaifh ~
these mines. write IS 48~zdet~NdfsS
will be pleased 10 asive3yoa dstafls and
our reasons for reel enendine those
properties which We rve will maks
the best advances.