The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-08-20
A Return to Gold Stocks

= NDUSTRIAIS and coppers seem to have had for a time heir IN"
of play, and public interest has again veered to goldmhe Soon
Il Godfeld- boastng as it does the greatest gold mine IN inc
world, and the boast backed by actual productive and dividend per
Torrance, is naturally becoming the central point of interest N III,
interest has resulted in a marked gain in the price OF all IN hS'eu
Goldfeld stocks of merit. Increased interest in mining stocks always
means an increase of mining activities, and this rule will Apply -
lGoldfeld. In fact it is already being applied, and with the STEADY
rise in stocks we e a steady gain in actual mining operations a"o
preparations for even more extensive development. During the past
two years of depression The News has been steadfastly Predlctng II
Inevitable turn of the tide, and that eventually the great stretch Oh
mineralized ground surrounding and adjacent to the Florence anu
Consolidated mines would receive that systematic ii Ten ~
velopment necessary to make other great mines in the district.
From both geological and neurological standpolnts there are
hundreds of acres of ground in the Goldfed district-close m-that
have as great possibilities as the Consolidate and the Florence
estates. The formation is the same; the ground is marked by those
same great siicious and highly mineraized outcrops that caused the
first development of the ground now embraced In the oonsohoa'ed
estate to the geologist and the student of mineral deposition n same
formative conditions have existed in an area several miles square, ana
Of which the present proven mines are on but the western cage Win
in a radius of ten miles from Goldfed there are several just such
basins IS the Goldfeld basin, with the same formation and the same
surface naturalization; with the same fracturing and hssunng' n
same kind of contact zones, and with all the indications pointing to
the fact that in these fractures, assures, contacts and fault zones just
the same kind of replacement and mineral deposition has taken piace
as in the mines that have been proved by systematic development.
Some three years ago, when the panic came, there were more thah
200 power hoists busly turning in the Goldfeld district. Then came
the panic, money could not be obtained for development OF even the
most meritorious prospect, and life departed from the camp. Save
in the Consolidated and Florence mines development is practically
where it was left three years ago. A few leasers have been working
lin a small way, their work unsystematic and sometimes desutory.
Some. better mined, have opened ore, this long delayed because II
their necessarily limited and slow operations. Other leasers ae now
reaching territory of great promise. But, the fact remains that the
CAMP is right where it was three years ago, save for the enormous
productive record of the Consolidated and the Florence mines. Inc
fact that ground adjoining these estates, and of just as immense pos
sblities. is As vet absolutely undeveloped-hardly scratched-ls COM
mo TO the attention of the investors who have their fill OF coppers, OF
oil of industrials, and they r. coming back. They see that the gold
mine is, after all, the most reliable of any investment, that gold is
never a drug in the market, that it cannot be manipulated, and that
,io,dfeld is today the gold camp of greatest possibility among all the
r, IL camps of the world. Goldfeld is the place to look for gold
mines. and this the investing pubic Is beginning TO eanZe.
AS showing the strength of and gain in the Goldheld gold stocks
Edmine the past few weeks. note the following table: