Show Mining as nu Investment There is money enough in the east for investment in-vestment in mines providing those who own it could be satisfied that they were making a good investment The trouble is to satisfy them upon that point They have seen so many fraudulent mining schemes worked so many men deceived and so many i socalled experts lead those who follow them t loss and ruin that they are naturally natur-ally and inevitably doubtful about the value of any mining scheme that may be presented t them They know that there are good mining projects in which investors can make money but how to distinguish the good from the bad is the difficulty They must if they invest rely upon the judgment of some one else and they dont know whom to rely upon BO hey are slow to invest Most of them after their confidence is won to such an extent that they are willing to invest want nothing but a developed mine in which the ore bodies are blocked out and measured and their value estimated esti-mated A mining proposition of this kind to the majority of menprcsents abetter appearance ap-pearance than any other But with very few exceptions investments in this kind of properties s are disastrous and the reason is not difficult to find I is inseparable from the nature of thebusiness Men who have worked mine who know each foot of it as well as any expert could be expected to learn it when they offer it for sale may L t be expected to fix a price on it fully equal to its value When reaches thopurchaser it is loaded with commissions and expenses of selling that often times exceed the owners own-ers price This tho purchaser always pays and it is in the great majority of cases a payment for no value or a loss The great fortunes of Haggin and Tevis Moffat Walker Brothers Hayward Wheeler Lester Hearst and thQClarlcs or the scores of others who havo become millionaires lionaires in mining wore not made by purchasing pur-chasing developed mines Invariably they were made by developing prospects into mines This is always the way largo sums are made ip mining and the only way Helena Mining Review |