The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1919-05-17
Mines and MARKET
F. M. DORSEY G. co.
Mines and Mining Stocks
Goldfeld, Neudda
There is a time to
BUY
And a time to
SELL

Never in the history of mining has there been
a better opportunity for profitable investment
than is now offered by both properties and stocks
i'm the Divide district. Conditions there today are
practically Identical with those prevailing in
Goldfield in the Spring of 1905. At that time the
Mohawk mine gave promise of becoming a great
producer. The following excerpt is taken from
the mines and Market letter of F.. M. Dorsey,
published in the
GOldfield News, August 4, 1906:
"MOHAWK-On August the first these shares
sold at So. We cannot refrain from quoting from
our market letter appearing in the News on June
End. 1906: 'MOHAWK-The showing on the
Hayes-Monette lease on this property is undoubt-
edly the greatest that has ever been made on any
mine in the camp. On the Kalfus lease they are
getting into better ore and have made some small
shipments. Two other lessees are sinking shafts,
have ordered large hosting plants and will be
raising ore within the next 30 days.
"These shares should 90 to So within the
next 60 days.
THE leases referred to in the above article
were the Frances-Mohawk mckenzie No. p and
what is known as the Truett lease).
Both of them are shipping ore and the Mo-
hawk stock is at 81. We believe this is one of the
greatest mines in the state and expect to see the
shares sell at a much higher price"
AS production and profits increased the price
Of the shares went higher and higher. Four
months later, December, 1906, Mohawk was SELL
ing at from $500 to $1,000 per share, and the ore
showing in the mine justified every cent of the
price. AS the output from Florence, Red Top,
Jumbo, Combination, Daisy, Jumbo Ext, Com
bination Fract, and others were added to the daily
shipments, the market spread and prices advanced
all along the line.
The investor who aided in the financing of a
company by purchasing the Treasury Shares had
an opportunity of making handsome profits.
Today the Divide district has one big mine.
There are others that are almost mines, and many
more that give promise of soon producing ore.
There is now over three million dollars in the
treasures Of the various companies for develop
ment purposes.
NOW is H TIME TO ACT
TONOPAH DIVIDE. The ore showing in the
Tonopah Divide is almost beyond belief
S15, 100000 is considered a conservative esti-
mate-and there is every indication to warrant
one in expressing the opinion that development
promises to prove this to be one of the greatest,
if not the greatest, mine Nevada has yet produced.
The shares are selling around $11!OO. Buy
them.
COL ZONE. Property adjoins the. Tonopah
Divide, location is first class and being actively
developed shares show frequent and sharp fluc-
tuation. Buy on the breaks and sell on any sharp
advance.
TONOPAH HASBROUCK. These shares
should be bought and held, as we believe it is a
mine that further development will prove much
better than it is generally considered. Today's
market, $i.O5-$1.1O.
BROUGHER DIVIDE. In our opinion this
rrno 0:usdo Man IN