Show I I UTAH COPPER KING OF PORPHYRY PROPERTIES I Remaining Ore Body Est Estimated Estimated Esti Esti- i mated at From to Tons I In answer to a question queston as to which is 10 preferable from Crom an Investment point o of view and considering future futuro possibilities I Utah Copper at 80 or United V Verde rde ExI ExtensIon Extension Ex Ex- Ex- Ex tension at 40 the O-the the Boston News CWB lur Bureau au ausa's says says- Your Your Inquiry calls cals for ron a comparison of 1 two wo copper properties totally unlike In th their l I general characteristics Utah Copper Is the kingpin of O all 1 the tile porphyries lee It I possesses an enormous bod body of between and tons average 14 per por cent copper Ilha It Il Ithan ha has han paid to lO date over oyer i In dividends divi 1 and should continue paying dividends dividends divi divi- for many years ear to come It has shares United Verde Extension Is a newcomer newcom r. r For years it I was a discredited prospect when and almost by accident the tim J last l which a tow low Insiders were vere willing to advance for development purposes pur pur- Po roseS poses e resulted in striking a n sensationally rich ore bod body from which in 1916 there were produced pounds of copper and In 1 1917 Ji pounds On the tho company's shares net profits in 1917 were 8 S pet per share In any test of investment In qualities 8 the question of oC oro ore reserves Is lB of course of paramount Importance Those of or Utah Ut h Copper aro Ero easily measurable those of or United Verde Verdo Extension cannot bo be cal cal- The Tho latter later la Is mining a very ery rl h lens a of extraordinarily high grado grade ore ore the limits of or which no ono one can n at present pros pros- ent define defino If I therefore you OU are ar seeking above abo all nl other other considerations the safety of your our principal 8 say oer th the tho n next ten ton or fifteen fit fit- fl- fl teen years Utah Copper would certainly have ha th the i choice On the other hand baud If I United Verde Vorde Extension continues to de develop do- do high grade ore an UA It has In the past two years some sonic very remarkable earnings should resul result but for how long longno no ono one Is enough to for forecast cst Utah Copper has reduced Its Is annual dividend dl rate from 15 15 to 10 per share 1 by virtue of rapidly mounting costs federal fed eral taxation etc But even cven should the government call upon Utah Copper to pa pay paya a war wat tax LX of per annum or 4 t per share it I should have hao no difficulty on an output of pounds per pcr anJum annum an an- num nuni Jum In II continuing it Its HI present dividend so 0 long as copper remains at or above 23 cents cens per pound Tho rho only available fIgurea figures fig fIg- fg- fg ures urea of oro ore rc reserves cr of United Verde Extension Extension Extension Ex Ex- tension are an estimate of tons toils of or 16 per cent material rh They y ma may prove proY I Ito to be he very much greater than this So rapidly has prosperity come como to United United United Unit Unit- ed Vcr Verde Extension that today todaY It has cash assets of well over o notwithstanding notwithstanding standing in 1917 It paid dividends of 4 per share rc It frequently happens happen that when Mother Iother I Nature reveals a deposit of sensationally io la comparatively I Ismall the rich ore tonnage con small small The precedent IH 0 may a or may not i of oC United Verde hold good in iii the tIle se ca-se I Extension We c have o attempted to give gIve you OU the salient figures of both propositions From the strictly investment viewpoint there can be e but ono one answer to your our question Utah cn Utah Uth Copper |