Bisbee daily review., 1907-06-02
Dr. Knowlton's DANDERINE

Calumet & Arizona when it sold for S11O. The advance in the price of Greene Cananea probably will not be as rapid as in the other stocks named, but it will be just as certain. Greene Cananea is shaping up for one of the largest copper producing companies in the world. It has many millions of tons of ore blocked out and demon strated, valuable mining equipment and reduction plants, and manage ment which combines the best and most successful mining. milling and smelting talent and business capacity in the world. It would seem impos- sible that there can be any better in- vestment opportunity than is pre- sented when an enterprise of this character sells at such an extremely low market price.
 Helvetia developments during the past two weeks have been of a sensa- tional character. The north drift in its Copper World mine was in ore which averaged If per cent for the first 190 feet. These assays were made in April. On May the face Of the drift asayed 12 per cent, and on the 14th the ore was estimated to average 20 per cent. As the drift ap- breaches portion of the vein where the surface cropping is from 15O to 200 feet wide, increasingly rich ore is met with. A cross-cut in the north drift is in ' per cent oxide ores, and one in the south drift is in If feet of per cent sulphide ore. The drift and the crosscuts show up a continu- ous body of ore for a distance of 800 feet which is estimated to average T per cent copper. The work of opening up the ore body at a depth of 250 feet, 100 below the developments above described, has been started. A croscut from the bot tom of the shaft has penetrated the vein for distance of 13 feet, and disclosed the ore body at this depth, where the average values are given as II per cent to 12 per cent. This development work is proving up a more extensive and more valuable body of ore than has ever before been located in the Helvetia property. Gen. eral Manager Close says that in his opinion the largest and richest DOT ton of this ore body is yet to be reached. He is convinced that the ore will prove permanent, and also that the success of the Helvetia enterprise is now assured
 The heavy buying of Helvetia stock which caused 1t to advance to S6 this week. while the rest of the market was verging on panic, came chiefly from the Southwest, and was for min ing men who know the property Be- lief is expressed that Helvetia will de- velop into s50-per-share mine.
 Helyetia directors met in Boston this week to take action on the plan to build a railroad from Vail, Ariz., on the Southern Pacific, to the mine, distance of IS miles. The engineer who surveyed the route estimates the cost of this road at S27I, ,50e. Bonds may be issued to pay forIits construc- tion; but some of the largest stock holders express preference that an as sessment of S1.50 or S2 per share be levied, which will give the company s2S5,000 in the first, and s3S0,000 in the second case.
 When Helvetia stock was selling around s3.50 to $4, 1 advised it's pur- chase, declaring that I believed it would prove as good a buy as Shan non was when 1t sold at s4. I now feel certain that the advice will prove correct. Those who have the cour- age and patience to buy the stock, hold it and pay assessments on it, should make very large profits.