Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1933-02-04
Please Investigate

a
large number of inquiries growing out
last week of GOLD ROYALTIES on our gold properties
Madison county came from mining promoters all of whom
much interested in this idea in mining finance 1t Is the first
time appears that investors have been admitted to the inside
of gold mining.
The average mining investor nothing about royalties
few know that there IS such thing Yet when look back the
history of Godfied Nev and other famous camps learn that
the individuals who made great fortunes the who held
ROYALTIES Some of the Godied mines operated with royalties
That that miner takes possession and begins
operating with other obligation than gives OWNERS
Of the property given proportion of the gold recovered Under
400 royalty the miner gets $1,000 from the smeer
hauge and other Unless tremendously ore he
make pay and in Nevada have sliding
scale royalty Very lean may carry royalty of only So and
rich may carry SO royalty the royalty being BY
the rate OF recovery of gold per ton.
When these facts understood by the public appar
pes Rich as is the famous Homese mine in the Black Hills
could have been killed by an excessive royalty but instead
operated sound business basis
millions upon millions for the stockholders
Contrast the Homestake with mining companv lacking in
appreciation of the dangers excessive royalties It is easy to err
especially the quite rch and enthusiast organizes
pay and money buy tools and machinery employ men and
pay for the construction of roads transportation facilities
mines are usually IN inaccessible places in the mountains paying
attention the royalty In the operation mine becomes
apparent that necessary ore and the construction of
mill takes and further delays the day
profit.
Then follows the day Of reckoning returns
come IN The production of the mine shows high
when the mine operators the royalty the profits all gone
The royalty became mining company event broke"
In very rich mines abandoned and fine mills
allowed rust away NOT because of the failure mine but
because of the cuhroat royalty explains why many
fine properties available Montana today necessary to
have the original owners die off in order get hold properties
under fair contract
The public knew nothing about true facts If every car
penter had to royalty of 25 of his daily people
would know about royalties but is royalties so little
known that even mine do fully them
we lind Thus the inquiries which quickly mining
promoters.
This where the few who are coming in with
us VIII participate in the ROYALTY of modest
capitalized corporation known Madison Co., We have II
claims OF ~ each and lease 10 claim This is
enough to make all rc when get our ore to moving
ahead but as B forced solicit subscriptions from the
public 10 get this money decided give GOLD ROYALTIES
order that those who help in this time need will receive
early returns tor expect to have from $4,000 $4,000 worth
winter Without regard to mining costs the of this ROYALTY
will receive dividend share of the gold returns come from
the Smeter share of all the first of the future
turns from these claims which operating
We expect want anyone to invest without looking into
our personnel financial structure contracts our propes
and other details all of which information will be FURNISHED ~ oc
nqure who genuinely interested mining investments
WRITE OR WIRE
Madison Gold Co.
O. BOX 1875 Great FaIls Mor4a