Show rejuvenation OF THE COMSTOCK after almost twenty years of profitless operation and development the old mex mexican mine of the comstock in nevada is in bonanza again such a statement will come as a surprise to many who have long believed that the Com stocks were dead issues that the best and richest of their ores had been extracted many many years ago and this rejuvenation of the mexican is a corroboration of the oft repeated assertion that a good mine is never worked out never exhausted in january of this year mexican was selling at 65 cents a share in the beginning of this month it was active at around in the mine workings it is stated there is all of in ore in sight and this is being extracted at the rate of a week in order to facilitate operations and to increase the output a modern milling plant is to be installed at once and according to all accounts the company will soon begin the payment of regular dividends the most interesting feature of the resurrection of the mexican however lies in the fact that this new body of ore was uncovered on the 2500 foot level which goes to show that a mine is not always exhausted and impoverished when its surface deposits have been worked out and this should lead to some deep thinking if not deep mining by those who have interests in old and abandoned mines mines which years ago were prolific producers and profit makers but which for some cause or other have lain idle so long that their past records seem almost like ancient history in the mountain ranges of this western country there are scores of old mines which in reality are of more value than are producers of more recent date and these with but little effort could easily be placed on a productive basis once again again there are a number of mines now being operated which are getting better and better with depth which all goes to show that a producer should not be lightly abandoned |