The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-01-04

w. II. A., Minneapolis. Write to
George Vickers about your stock in the
Mohawk Gold Bar l.. & M. Co.. This com
pany and others of the Robinson and
vickers leasing company have been con-
solidated into one company, under the
name of the Nevada Goldfeld Leasing
company. You ask If these people (Rob-
inson & Vickers) nave ever developed a
paying property. They have. The Little
Florence. one of the richest properties
in Goldfeld, and one of the largest divi-
lend payers. is a Robinson-Vickers
promotion. They mine their leases and
are spending large sums of money. 1t
is difficult to answer your second ques-
ton the way you put it. There have
been many scores of companies promoted
on Goldfeld properties n not more
than a dozen nave paid dividends. But
this does not mean that there are only a
dozen good properties in the district. by
any means; for there are a score of
others that have done enough mining
ane developed sufficient ore to put them
In the dividend class while there are
still many other that are pounding
away with the prospect of becoming
dividend paying. 1t takes time to put a
mine on a dividend paying basis. The
making of a mine is much like putting
up a large building: so much work has
to be done before 1t begins to return
profits.
:. r. O., Montrose, Colo. A receiver
has been appointed for the Bonnie Clare.
Until such a time as he makes a report
- ~r;1v not Lnr1, whaf ora tho dahfS
resources. running expenses n mine
and mill returns are. The management
has always claimed that the proposition
was a paying one. since the mill was in
stalled, but 1t is very apparent that
there was Misrepresentation in order to
mislead the public. We would suppose
that stock in the company would be
worth more under the receivership than
before, judging from recent develop
ments.
q. Z. H., st. Paul, MINI. You ask II
we dare give honest opinion as to best
buy Of any Goldheld mining stocks
price and quick returns considered we
dare to do anything that is honest ano
prudent; but as We are not running q
brokerage office and do not care to be-
come responsible for stock trades made
by others, 1t would be far from prudent
to volunteer advice or opinion in the
matter of stock trades. We advise only
In instances where We know fraud to
exist as a fact.
Il. =. r., Milwaukee. Yerington Red
Metals property good. but we consider
the cement BAD. Any amount OF
the stock was sloughed of by the pro-
moters in one may or another and II
can be bought in quantities around
cent per share. The company was or
ganized by Reno parties. The Congo
tunnel of the Nevada Queens Mine com
pany is now in some 500 or 900 feet.
o. ?. n. Pcttsville, Pa. The Keane
Wonder has its new mill in operation
and is doing good work. The mill is
small but will be added to. The mine Ia
all right. Do not know which Prairie
Bell you mean. Please give location
names of one or more officer. etc.
q. ". y, Tufts College. MASS. Sun
day-Nevada. located ~ miles east OF
Beatty. on Bare mountain. The noun
tain is Bare by name and barren In
character. so far as developments tc
this time indicate. No work being dom
In that vicinity. unless IL be assessment
work.
=. y, 0flstx, Oregon. Your question
about the Bonnie Clare is answered else
where In this column.