Show lVER KING OPTION I WreciGr Ivers Has Little Information Informa-tion On the Subject t II HAS BEEN DISCUSSED 4 I t rOFOSITION afl KNOWS TATvirFD OF IN NEW YORK 4 Representatives of Exploration Com I pany Have Examined the Mine 1 While Story Is Possibly True Mr I PJ Ivers Doubts ItOther Directors AwayNews of the Camps r t Jazncstlvers the only director of the Silver King Mining company in the t 5 city yeslterday was seen at his borne and questioned regarding the rumor I current on Friday < to the effect that the v < 5ugg < jnheim Exploration company had fe secured c bond on the Silver King mine 1 a majority of the stock in that company t com-pany at 5SO a share L Mr Ivers said tji he knew such a I proposition was being talked of in New Jrpiton wa beig talke York but a yctV said he nothing 1 definite ha been one regarding it1 t The gsntleman admitted that representatives t represen-tatives of the Exploration company t might have examined the mine but i i had not been exported and sampled I t in a manner that he felt sure would I f be the case before 3y one would think r of buying i although a option might I r E taken and the exporting done afterwards I after-wards I Asked if he tlfought the mine could i p be purchased at the figure named Mr i F Ivrs gae i as his individual opinion r that i couhl stating that he would feel inclined to let go at 60 a share JJp t the present time no one had been authorized to negotiate the sale of the jontrol of the mine and before such a thing could happen those of the stock t lder whose interests arc pooled Jrould have t hold a meeting and agree fe ttCUld but Mr Ivera in such a proposition 111 Iver yould not deny that something of the c dnd might not happen in the near f u l Ture The tone of the gentlemans tall c Ihroughout left no room for doubt that t 4 tome such transaction a outlined in Cfesterdays Herald is in contempla lIon and a i > w days time will likely A letprmhvt Its complexion With refer nce to Mr Ivers statement that the L nine had not a yet beenexperted by the Guggenheim Exploration companys experts J is only necessary to state that Messrs Bamberger and Keith are now > i New York that Mr Bamber ger who is the representative of the Exploration company knows enough Jabnut the physical condition of the mine to advise It bonding by his company before experting it and if there is any detailed information concerning it with which the company wants to become lamiliar before opening negotiations the latter gentleman is there to supply t And as Mr Ivers remarked the mine is In such a state of development that no trouble whatever would be experienced perienced in measuring up within avery a-very few tons of just how much ore j va in sight and its sampling would world also be t one do of the easiest things in the |