The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-02-21

his report on these returns we quote:
sent you today two tests at Il feet
sS2.eo and $3.50 gold and sii:
yer. The lattsr IS about 5000 ore
including copper. The hanging wen
has taken fine form from the solid ore
frozen tight to 1t / sent two more
samples today. You will note from
the weight, that very little bulk will
make a ton" To get a correct idea of
the value of s52.oo or $4,000 Gilpin
county Gre, bear In mind the fact that
$500 and s1syoo3is treated at a profit.
Mining, transportation and treatment
facilities are available at moderate
cost, making It possible to handle
$500 to $500 ore at a profit. Had
the company started operations on the
Metha iast>feii and provided for keep,
ing the roads open, 1t could be ship.
ping ore today. As II Is the company
must await the opening OF roads in
the spring. Speaking along these lines
the superintendent reports: "T am
Sorry TO repeat that shipping is i'm
possible. Snow Is S to 10 feet deep
in the timber, constantly drifting. nj.
.terly impossible for horses. we have
considerable ore sorted out and 1
would certainly ship 1t II 1t were pos.
sfble. but we could not get a team
within half a mile OF the property. All
things indicate that we can make
steady shipments after We once be.
gin. and will therefore make up for
lost time in the spring" An interest.
Ing letter reached Wheeling a short
time ago from Mr.. Meyer, the former
owner Of the Metha mine, from whom
the KIM. acquired the mine. He
malkes the following significant state.
ment: "The Metha mine is looking
fine and I am glad of 1t. There is no
question that this property viii make
u good NINE"
From developments chronicled above
the future of the KIM. Co. asa produc.
er of profitable ore appears assured.
which in other words means that the
shares Of the company will participats
tn profts-diydend disbursements,
and enhancement in value of shares
In our review of January LIST. we stat.
ed: THE KIM. Co. is now at n stage
which most eevry big mining company
went through, the stage where the ore
has been reached and therefore the
big chances for losing are past" In
review Of February LIST. you will find:
when 1t is only a mathematical prob.
lem to prove from ore In sight that
shares have an intrinsic value Of saw.
4oc, SOC or 75c per share. it Is pret.
" safe to assume that the market val.
ne Of the stock will rule t~hereabouts
not at CSC, one.fourth par value. tbe.
price at which the shares can now. he
acquired" We repeat our advice IL
parties desirous OF making profitable
investments-Buy KIM. shares for
large returns. both from dividend dis.
bursements and advance in market val.
We Of sa"res. Remember that in buy.
ing KIN. shares you ara buying into
a proposition with ore reserves which
are being increased daily, and that
upon opening of roads in spring, ore
will be commenced from
pected, with rsasonab,e ass,,rans . ,s.
vii, ha ront,nmaa m,,..aat
interruntfon and n, a s,,staa.,a,
scase. further. th.t !, s,s m IA s,e na
ore is handled at a nroet no we ~
ts heing done fhan tharm
with 40 % 10 sso m 40 80
crate q. , deeidsd,y s]nbstanti,, Or
sneak;5r onite ~nnsers.t,ra,s FOB
mink extremely well :,
as q future highly nrosta. M 4
a syat ct,x 4 IN