| Show THE RAY consolidated in commenting on the ray consolidated the boston financial news says ray consolidated soli dated although not particularly active since ince it was listed on the boston stock exchange has held well in price during the recent decline the chief reason for the steadiness in the price of ray consolidated as in most of the porphyry coppers is that practically the whole value of the property can be estimated from the ore already placed in sight and the stock consequently is not so much a speculative proposition as the deep shaft mines one fourth of the total acreage conti oiled by the company has been opened up and tons of ore exposed averaging per cent copper when the new ton mill has been completed it is expected that thirty pounds of copper to the ton can be recovered which will permit of a total production of over pounds a month this will make ray consolidated one of the largest producers in the world 0 |
