The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1916-08-17
The Business of Mining Some Pointed
Suggestions for Guidance of Investors
Quite Mining Review

The business of mining investments
stands today on level with that of
any other highly reputable and legit-
innate enterprise.
II has come up out of the cloud Of
distrust and superstition that sur
rounded 1t In former years, when COM
paratively little was known of Its pos
slbilities.
II has come to be looked upon by
sane, intelligent and sagacious bust
ness men as one of the most note
worthy enterprises of the age.
In buying mining stocks today there
need be practically no speculation un-
less the buyer wishes to speculate and
take the gamblers risk.
1t Is true that vast fortunes have
been made In pure speculation In min
ing stocks. 1t is true many more will
But by far the greater portion of
the large number of stable fortunes
realized from mining have been made
after the speculation craze has died
away the security back of the mining
stock has been considered and mining
as a business has been commenced.
Many a man dates the beginning OF
his rise to affluence from his first in
vestment in a legitimate, successful
mining enterprise.
You would not invest any sum of
money in a commercial or mercantile
business without first making the
most rigid investigation, would you?
Don't invest In the mining business
without doing the same thing-and do
1t right.
To do it right means to get the right
information from the right source.
The trouble with the average in
weston is. he doesn't know what to ask
or where to ask 1t,
Don't write to friend who you may
have in the grocery business in Butte
mining industry in Montana. He
may be an authority on it, but the
chances are he knows no more about
mining than you do; don't accept his
judgment as final Write to him about
groceries.
II you want to know about mining,
write to mining man, one who can
give you an authentic and authorita-
tive reply.
Mining Is unlike any other business
in that 1t Is practically impossible to
obtain through the ordinary channels
OF Investigation an accurate estimate
of the value of the property. This is
one of the serious handicaps expert
enced by the average buyer OF mining
stock
In the vast majority of cases the
buyer who relies too much on gen.
eral reports, or takes too much for
granted, does so from ignorance or in
ability to secure the necessary guiding
information, rather than from care
lessness or indifference.
There is no established method by
which investors can obtain even rea-
definite information regard
ing mining properties except by deal
ing with the company direct, or it's
duly authorized representatives.
Because certain dishonest men, re-
lying upon the get rich quick" desire
Of the people hold out false promises
In respect to mining, 1t Is not fair to |
presume that all mining is bad.
Do not presume that men who are
both competent and honest win inten-
tionally misIead an investor, for they |
win not, If they are fair they will |
furnish you with all necessary means
If veriflcation of their claims and OF 1
hiding out who and what they are as
men.
In most instances, men in charge of
legitimate mining have more ut stake /
han you. Most of them have devoted
heir lives to prospecting, searching
or proven properties, and the study
# mining and metallurgy.
Find out who the men are, then an
lyze their claims and statements
Remember there is nothing myster-
Gus about mining. The element OF
nance does not enter into it to any Il
where near the extent that Is gener-
lily supposed by those who are not T.
rained and experienced in the bust Il
ess of mining. |.
Remember statistics prove conclu- /
lively that there are more successes
a legitimate mining as a business Il
han in any other investment known II
0 the world today. b.
Remember 1t Is only the fake pro- Il
loter and dishonest man of whom the
weston must beware. n
Remember a business that will add Ii
!, 6S3,S73127 in new money to the l.
'ealth of the world in single year
surely worth investigating.
Remember we are absolutely de-
endentE upon the production of our
lines FOR the continuance of our pres
Mt state of civilization. Our gold and
liver mines give us our currency,
hich provides for our actual necessi-
es and makes possible all our luxur- n