Bisbee daily review., 1907-12-08
EXPERT COMPARISON OF
 GREENE-CANANEA VALUES

world The production was made at a high cost. however, but largely be- cause it was done hastily. in an un- suitable smelter, during period of construction, and the results were attained very much through the em- ployment of untrained men.
 The nniv thing that can ha sain against the Greene Cananea property is that its mountains of ore are lUg grade. Its ores average considerably
 higher than those ot the Rio Tinto, Arizona Copper Tennessee Copper, GranDy Consolidated, and several other companies wbIch are large pro ducers and rsEr'ar dividend payers
 however When it produces on a
 large saale the yield of its ores wilt a"lrags ally as h4gn as those of the AnacCHda c)LrLany. There is basls
 for the Sclrf=that the Greene Cana.
 nea will eventually make it's copper
 at as low CT lower Cost than Anacon-
 de, say 10 certs per bound
 There is, indeed, no possible basis
 for doubt that the Greene Cananea mines will develop into very large and profitable copper producers, and
 that the company will be a substantial NAhlNsAAO BeAgNAs l4C L4lOs5l ALADDI L4tlll fac: to be remembered, however, is that the company has in hand all the money that will be required to pay for the construction of it's new and up-to- date smelter, the plans for which have already been drawn. It has railroad | facilities and mining equipment Of aI- ] most all kinds, and it's old smelter is l in condition to go into commission lsr, gVVr- n thF.n Hl 1 pounds of copper annually at a cost ! of 1232 TO 13 cents, as soon as bus ! Iiness conditions improve sufficiently to make such operations profitable. Greene Cananea stock must be con sidered as an investment, therefore, | as well as a speculation, because it | stands for a tremendous deposit of | copper ore, many millions of tons of which are already blocked out in sight, and which already has been proved to carry its values to 9 depth q l,l00 feet from the surface.
 l l have reason to believe that the
 Superior 6 Pittsburg stock is widely distributed. Inquiries in regard ~ its value come to me very frequently,
 and l have as a rule refrained from
 advising holders to sell it because
 believe 1t eventually will be worth several times it's present price. I am : very well satisfied in my own mind, i however, largely as a result of my
 personal inspection last year of the
 mines or both companies, that the | Greene Cananea property is worth, as an investment, three or four times as much as that of the Superior & Pitts i burg company. It is selling in the
 market for about one-haIf as much. \ ! therefore advise holders of Superi-
 or & Pittsburg stock to sell il. and in-
 vest the proceeds in Greene Cananea,
 as long as the former continues to
 sell at a higher price than the latter.
 l look forward to a time when Greene
 Cananea stock will be selling for at
 least twice as much per share as Su-
 perior & Pittsburg, though the latter
 meanwhile may advance to and be
 worth twice its present price. Greene
 Cananea at SC is one of the mining
 investment opportunities of a life
 time. It is entitled to sell consider
 ably higher than Superior & Pitts
 burg, and l believe it will be in the
 very near future.