The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-02-06

mt on Sstiht.
sumo that the charges in the eireuiai
are correct and criticize The news TO-
not Exposing the r%ottenness of the
Black Butte management Inc err
cular is one of a series issued by some
Hobokeu doctors, very estimable gen
tlcmen. we understand, and well mean
ing. in an effort to get together enough
nroxics to wrest the control from the
prssent management. With this fight,
The News has nothing to do. 1t is the
nrivilege of any set of men in a com
panv to try to get its control. But
when one side or the other assumes thas
certain things are true which are not
true and makes false allegations upon
such assumption, and subscribers to this
paper, believing these statements, cen
sure The News for 'tnot daring TO tell
the inside facts" it then becomes nee
essary for us to take a hand. We nave
not nor can we ~substantiate the charges
and ~insinuations in these circulars
against the Black Butte management,
because there is no truth in them. We
cannot .sexpose the rottenness of the
management because we cannot dis
cover any. The entire fight against the
Black Butte management is on the as
sumption that the Black Butte is 4
great mine, which is far from the truth.
The Black Butte is only a"near mine;
there are no consistent lodges and ore
bodies in the mine, so far as developed
Occasionally small lunches of good ore
are found and shipments made, sufh-
cient returns being received to keep the
work going. A good body of ore was
found on the ~Diamondfeld claim in the
early history of the property, before
the consolidation was effected, and that
was when MeKane took out $~400,oo0
from a lease. Since consolidation there
has never been a single lease that paid
expenses except 'one-the Bumgardnor
OI DpllCn ItdSt, Nhi0h a sH
for one solitary month, netting
about $500. The largest owners in
the Black Buttc-the men who pro.
NOTED the consolidation, such as l.. Il.
Patrick and Frank Ish, nave never sold
their stock, Patrick retaining the
shares issued to him, and Ism
having in his possession all but a small
None of the officers of the
company draws a salary; in fact they
do not charge up their own expenses.
The books are open to any stakeholder
at any time and from our investigation
we can see nothing to criticize. East-
ern stockholders, thinking that they
have a great mine in the Black Butte.
aeannot understand why the stock s
so low" and consequently assume there
is something the matter with the ma
agement and demand a change. The
fact is, the stock is selling for about all
it is worth. 1t might be selling for
more were the insiders working the
market as well as the mine, but they
say they are not paying any attention
to the market but devoting their en-
ergies to making a mine, knowing the
stock will then take care of itself. An
authorized statement by Mr.. Ish is to
be found in another column of this
weeks issue.
M. K. T., Milwaukee.-Dr. c. i.
Bowen. of McCabe, Ariz., announces
that the Crystal Bullfrog Mill, Mine
and Water company will commence
shortly the erection of q ten-ton mill
ing plant at the South Bullfrog town
site, four miles easterly from Rhyolite.
The plant will be built for the sampling
and treating of ores of the camp, the
plan being to -ample and pay spot cash
for the ores that may be offered. The
equipment will comprise two stamps,
ain~algamation, concentration and cyan
idc in every detail, so that all closes ol
ore found in the Bulifrog district may
lie handled. The money for the project
is now on deposit in the First National
bank at Pasadena, and it is announced
Bowen has acquired valuable wat sr
rights at South Guilfrog, and has de-
veloped a fine flow of water at that
point. The site of the mill is near the
junction of the Las Vegas & Tonopah
and Tonopah & Tidewater railways.
J. M. j., st. Louis.-The Kansas City
lease known as the Kicker lease, is pre-
pairing another shipment of ore which
will go to the mill either Sunday or
Monday. The ore is taken from a shall
low depth, as the shaft has only reached
the 25-foot point. The ledge is 80 feet
wide and the ore occurs in a vein in the
ledge from $ to Is inches wide, which
breaks better than so per ton. Cross
cutting for the wall is in progress and
it is expected the ore will go down OF
this wall. The superintendent says he
expects to run into a good pocket any
time. None of the other leases of the
Kansas City Goldfeld are working.
F. L. M, San Miguel, GAIA report
on the Frontier Exploration company is
in preparation, and if you are a stock
holder of record Won will ont N co,,.