Show 0 THE RAY consolidated in commenting on the nevada consolidated the new york news letter says one of the best known mining engineers in the country who is an authority on ray consolidated tells us that there need be no fear as to the ability of that company to produce copper in large volume at a price which will compare favorably with any of the other large producers of this country he estimates that while ray consolidated now has reserves of tons it has prospects of an eventual tons the average of the ore is copper and that is the average of all the drill holes ray may start production in february but it is not likely that it will produce much above lbs ibs of copper in 1911 as it will take many months to get the new mill running smoothly and place new units in operation era tion at first ray consolidated may run on low grade ore as that portion of its deposits is opened to greater extent than its best ore but ray should not be judged from its first milling operations |