The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-05
M. B. G., San Francisco. AS stated

M. B. G., San Francisco. AS stated
elsewhere in this department, the Balti
more Belle is working its lease ON the
Bee Fraction of the Hub company, and
has reached a depth of about 400 feet.
The Bee Fraction is exceptionally well
located, being within a few hundred
feet of Little Florence hill. 1t is a good
prospect and we should consider it 4
fairly good risk, if the price is right.
The trouble with most of these stocks
ON undeveloped leases is that they are
placed at a figure too high for mere
prospects. They are put out at a higher
price than many of the leasing stocks
that have ore and are shipping.
C.. E. K, Aurora, Ill. The Baltimore
Belle lease on the Bee Fraction of the
Hub is working continuously and has
reached a depth of about 400 feet. We
believe it is the intention to go 500 feet
before doing lateral work. There has
been no ore struck of shipping value.
Perhaps the reason the price of Hub is
so low is that it is not a popular stock
and there is no effort being made to
push it and no one to look after it's in
terests on the floor of the exchange.
G. L. H., Denver. You are mistaken
when you say that the February Gold
Mining company has been consolidated
with some other company. You doubt
less have in mind the February and
January claims of the Goldfeld Mining
company, which were taken into the big
Goldfeld Consolidated Mines company.
The February company is controlled by
ley, secretary, both of Reno
E. T. A., Independence, Mo. Think
the party you ask about is out of the
Seven Troughs Wonder. Great Bend
Twin is of little prospective value. yell
low Tiger may or may not be of value.
Late reports were that the lease on the
property had good ore, but there are no
bodies of it. The stock took a sharp
rise recently on the reports of a strike,
but soon reacted. A large amount of
work is being done on the property.
M. H. A.. Vallejo, Cal. You must
have made a mistake in the name. We
know of no such company as the Gold
field Silver Peal Mining company at
Silver Peak. There is a Goldfeld Silver
Pick Mining company in Goldfeld, but
we know of no Silver Peal company
here or at Silver Peak.
L. G. G., San Francisco. The Florence
Extension is being worked by two leas-
ers. At one time, it appeared as if the
lease next to the Rogers Syndicate
ground had come into ore, but while
good values were obtained, the ore shoot
proved elusive and has not been located.
H. G. M, Slater, Mo-. The Kansas City
leases in Goldfeld are being worked
continuously, and indications are very
good for ore in one of the leases. Last
week s issue of The News gave an ex-
tended account of the operations of the
Kansas City Goldfeld.
H. M. c., Detroit. We know nothing
of a Quartzite Gold Mining and Milling
company in the Ballarat district. This
district is in California and there is but
little work being done there now. The
January Jones leases and properties in
that district are idle.
J. !. s., Buffalo. Dorsey is not operat-
ing any lease in Goldfeld, having left
this camp, and is nof in Denver,
we believe. The Florence lease has been
taken over by other parties.
I. O., Lewiston, Idaho. We know of
no such company as the Furnace Creek
Valley. Perhaps you made a mistake in
the name.
@. H. H., Lynn, Mass. Nothing doing
by the Dewey Jumbo people. Their
lease has expired, we understand. Thu
Whisky King Fraction has some pros