Show GREENWATER RIG GOES TO NE FIELD Company Moves Machinery to Try to Make Mine Elsewhere As a contrast to the many mining corn which are failures it is certainly gratifying and a matter of pride to tell tellof of one which has been so well managed hat while its mining ground has been to be a failure the company has rot yet gone to the bowwows but still has a substantial treasury and is taking steps to carry out the intention of Its stockholders in developing and operating a profitable copper mine says the Rhyolite Herald The Greenwater Copper company after sinking on Its claims at Greenwater to a depth of 1400 feet and doing much other exploratory work reached the conclusion sion that while the property contains copper it is too low in grade to be made profitable and that it would be good business to utilize the remainder of the treasury in developing some other prop property erty Consequently Greenwater is being abandoned by the company and its ma tons of be Immedi Immediately brought to the railroad at Death Valley station preparatory to being for forwarded warded to the new location of the corn pany Just where the new location will be is rot at least not an announced It is understood that the com company pany is investigating the merits of other properties and it may be some time be before fore decision is made Al McPherson of Rhyolite has taken the contract to move the machinery from the mine to the railroad and has already tackled the Job The course of this company is a corn example in mining and it is good business It has nearly still in Its treasury and much suitable mining machinery Both of these assets the managers propose to employ in carrying out the original object of the investors |