The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-02-12

- situation a wsu 90 conditions in the town. III we
~ 80, bav to get leave to print either. And we shOuu % ~,
80 ; :, The News is not as charged by the Tribune IN fmasons
,ire If the Mining Financial News of New York, whch r@ aaEdoted
hast known to itself, has changed its attitude toward the on,bs
- hs been its greatest booster in the east for the past !" 80.
p, that is neither here nor there. That Goldfeld is turning NJ
gold-copper camp is the important fact and that is sureg ~ 49,
Wbv publicity has not before been given in the 'onnciai g..
to the fact that copper is coming in on the loooioot eve Eve arvues for
solidated, we cannot divine, for if there is anything u. IA y fset that
the future greatness and permanency OF that NINE, 1t = nnner The
accompanying its rich gold ore is a liberal amoun. Oh eopPwt that
Clermont shaft is raising eopperbearing ore uo sue III fntnre treat
- Is being dumped by itself, presumably to be saved for W Ir r uwh
.ment The News had some of this dump ore assayed by Ellsw WON
3 20 per cent, or $40; picked sample, 1914 per cent iS or $zO oafers are r.
samples were broken from huge bolders. As te Ely s"e ue should
traat;noa a s profit copper ore that runs less than L per ent' W sno~
say that the Consolidated is producing hlgn grace coppea tn1ated is
other thing upon which the Consolidated dm Us TO OF D pscssssriv prevent
its handling by the milling process. The Florence mil IS Pu' UNI
through ore that carries copper and the copper goes OIL III '' "'
mes The Consolidated can doubtless do the same.
We are glad to know that intelligent mining men II n camp
regard the appearance of copper in Goldfed as very suspicious. For
of the mines cited, said that he regarded the artcle IN das' f III tbs .
News on the copper situation in Goldfeld, as a great boon Tor .ne
ae if indicated the permanency of the ore bodies; that instead
of the article in question being a knock at the camp or ~ u "'
OF course, if the Tribune had been intelligent enough to have OBJ,
served the changing character of Godfeld ores and had appreciated
its Importance, it would have published the story with a great hour1sn;
but as this important information was given to the world through
The News, it was born of Ignorance" and a malicious knock at the
Consolidated with the view to depressing It's STOCK. Ana II snouo
be noted that the Tribune did not deny that truth OF the statement
as regards the appearance of copper I;t,a II the the mines M s;o 1T 1a ininr;ous nS
affect the price of Consolidated stock. This seems to be the important
thing with the Trlbune-nOt how 1t Will a1ect n future Ill IL uoiu
and its business men-not whether the public is entitled to tins
important ipformation-but will it affect the price of Consolidated
We re interested in the Consolidated mine, not Consolidated stock.
There are not 60 stockholders of Consolidated in Goldfeld out OF It's
5000. and outside of stock held as collateral in the banks, the people
of GoldfeId get an almost insignificant amount from the quarterly
of dividends. But even so, we should like to see Con-
solidated selling at 500 per share, and some day we expect to see 1t
IT'S production, for upon this mine to a great extent the future OF this
depends. Therefore we took great pleasure in stating
last night. and take greater pleasure in repeating it now that copper
IS coming irto the ores of the Consolidated on the 1OOOfoot level, and
for that reason the company and the entire mining community are to
ba greatly felicilated. GOldheld is still IN luck.