Show THAT MERCUR DEAL I I Looks SH ThOUgh the Bottom Hart j i Fallen Our of I Has the bottom lEn out of the Mercur deal is the question which is just now agitating mining circles more than any other subject except the fluctuations fluc-tuations in silver and letfd l and the many gold discoveries which are being made daily in various parts of the territory ter-ritory Although the question can not just at this writing be answered fully it was learned I yesterday that the syndicate syn-dicate did not take the property under the bondwhose timelapsed on Sunday This gives the Mercur Mining ad Mil ling company the forfeit of 2500 and allows the syndicate people to pull the string to which is attached the 22500 payment made in biuary Negotiations Negotia-tions are now on ho vever looking to an extension of the ime for development develop-ment and there is a probability of the wcrk being continued I has been intimated in-timated that if the deal was allowed togo to-go by the board It would be considerably consiera bly due to the lack of money on the part of the eastern and Colorado men interested in the sale but this is now denied aid the statement ts > made that > the experts who prospected the great mine with diamrmrl ilrhlcr rlt nnt firft the amount T ore lr sight that had j been promised ThifT may be for the purpose however of securing better I terms I was estimated that there was not less than SL500000 worth of ore in immediate reach and the experts now claim to have found but onethird of that amount i I is to be hoped that the deal will yet be consumated op the old terms of 750000 and while is claimed the indications in-dications are not very promising something some-thing may be developed within the next few days I |