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

A. =. p, GLOBE, Artz. Do not be wor-
ried by the clipping you send us. 1t is
very evident that the opinion expressed
is very superficial. Rawhide is a young
camp but is further advanced than any
other camp Of it's age in the history of
mining. Because of the heavy erosion
the values reach to the surface. making
mining easy and reasonably certain.
Three properties are shipping and four
hoists are on the ground, a record for
a camp so young. We are not hysterical
over Rawhide, but are not ~prejudiced
against the camp. The man who says
there is no mineral there either knows
nothing about the camp. or deliberately
lies. From the stocks you name you
have evidently used good judgment. for
they are among the best. AS a general
proposition, stocks in a new camp ought
to be sold when showing a good profit.
The stocks can be bought back later for
less money. as a rule. for there Is in
variably a period of reaction between the
excitement of the first discoveries and
the long and tiresome period of develop
ment before a mine reaches the dividend
stage. Flotations in a new camp are a
speculation or gamble pure and simple.
ana II IS HcNcT Ddu jug ulcnl W Qult d
gamble while you are ahead These re-
marks do not apply to a developed and
dividend paying mine, whose stock is an
investment.
Mrs. y. L., San Francisco, Cal This
department invariably declines to advise
inquirers what stocks to buy. The Gold
field Gladiator. about which you inquire,
has not developed any ore. The property
is situated two miles southeast of Gold
field in a section that has promising sur
face prospects. but which has not yet
produced any ore or returned any high
assays. despite the fact that consider
able work has been done there. although
not at any great depth.
p. 3. n. Los Angeles. East ComstocK
Wonder is not being woI ked. In fact,
as stated in tns Sc columns recently, Tn.
Z ound is in hai.6s of relocators through
f,ilrre of the promoters G. s. Clack &
20, to do the work required by the gov
{. nnent. The property was located in
Ramsey d .s.riet. There were no sur
face showings. according to a Ramsey
eya rator to wIom your query was re-
f,rred.
J. y. J., Newport, =. I. The Silver
fiCk lFldHSie Is d SmdIi acreage, upon
which no work is being done and hardly
any has been done. The stock has no
apparent value. The promoters got into
a tangle. were charged with having over
issued stock and a law suit was started.
1t was either not prosecuted or is held
up in the court calendar.
=. ", Pssadsna, Cal. Goldfeld Hub is
under lease to the Baltimore Belle COM
pany. The property is situated where II
has likelihood of catching one or more
of the Florence veins and possibly the
Jumbo ledge. Leasers nave lone con-
siderable work on the property. No
values worth mentioning nave thus far
been obtained.
4. q. Cambridge, Ohio The Zeigle.
Bullfrog Mines company of Rhyolite is
not in operation at present. so The News
is informed by Hhyolite people to whom
your query was referred.
,. q. II. chioago. The sold strike ON
the Antelope at Round Mountain has in
creased In Importance. Word has been
received that the streak of unbeatable
ore has widened and that apparently the
values remain as high as ever. When
nrst struck h gold streak was about
eight inches wide but now 1t is twelve.