Mohave County miner., 1912-08-03
High Grade Ore in S,qht.

The term, "high grade ore," means that the ore in question is above the average In value, and therefore, that 1t would pay big to mine and market when material of lower grade could not be handled to so good an advan- tage. Highgrade ore should be as good as "money in the bank," for it can be drawn upon at any time and under almost any condition. In fact,
 large body of highgrade should be better and safer to own than money in the bank, for its volume will remain undiminished if not drawn upon,
 while the bank might fail, or be rob- bed. Such being the case, if anyone should tell us that he had thousands of tons of high grade ore blocked out and in sight in his mine workings, we would consider that he was rich man, and that all he had to do, when he needed little ready cash, was to mine and ship few tons of his ore.
 And yet we often hear of men who have "thousands of tons of highgrade blocked ont in their mine workings" who are always trying to enlist capital for the purpose of taking it out: of mining companies who have "millions in rich ore" in their holdings who are trying to sell treasury stock, for a mere pittance, so that this ore may be mined and sent to the market.
 If this story is told to you, pay no attention to It, for it is myth. If you see the same statement made in tlaring advertisement, do not take the bait. and do not buy any of the stock
 You might as well kiss your money goodbye, for you will never see it again. In either case it is fake. If any man of any mining company has thousands of tons of highgrade ore blocked out and in sight and ready for shipment, even if the man or the company has not penny, assistance can readily be secured in the mining or marketing of the ore. For, if it can be shown that the statement is true. the leading merchant of the camp near which the mine is located will advance enough money to mine and freight the ore to the nearest ship ping point, and the smelters will do the rest. All kinds of assistance can be secured for the handling of large tonnage of highgrade ore, and the owner or owners of the mine will not find it necessary to hawk about for financial assistance, nor will any min- ing company possessed of such bo- nanza be obliged to dispose of treas. ury stock at ridiculously low figures in order to realize on the fortune in sight in the mine workings. The in- vestor is dull, indeed, who will ever listen to the 'highgrade" story. And, if he bites at the bait, it only shows that suckers are still as plentiful as ever.
 With the case of lowgrade ores, the situation is different It takes big money to handle large bodies of min- eral of this character. And It is not always that financial assistance can be obtained for the handling of a proposition of this character; neither can help always be readily secured In the development of promising pros- pect. In either case it is perfectly legitimate to appeal to capital for aid, to ask for assistance to place the ore on producing and paying basis, or to sell treasury stock for the develop ment and equipment of the other. But, when asked for money to help in the furtherance of an enterprise where a large tonnage of highgrade ore is involved, the intended victim should heed the warning, "low bridge," and duck.-Salt Lake Mining Review.