Show GOLDFIELD COMES BACK r new york curb not in seven years have goldfield stocks been as active as during the past few weeks the advances recorded during this same per iod of time have been truly tremendous and unprecedented since 1906 when over night advances of several hundred per cent in goldfield issues were the rule rather than the exception goldfield itself is buying excitement is increasing hevery with wit every new development and it is obvious that a boom in goldfield securities ri that of 1906 is incubating once again reports are coming forward of ore disclosures assaying thousands of dollars and marketwise market wise stocks are soaring the transition of one property jumbo extension from a prospect selling on the basis of 10 cents a share to a dividend paying mine selling at 4 within four months has completely changed the situation has brought orders for millions of goldfield shares into the market has stimulated development of other properties and increased the average market price of goldfield stocks over per cent some idea as to the extent of the advances to date may be gleaned from the following table high recent price low present 1906 atlanta booth 02 17 combination fraction 05 18 florence 23 70 goldfriend Gold fiend cons sg 89 1100 jumbo extension 10 lewanas 06 24 oro 04 20 85 silver pick 05 16 great bend 02 15 lone star 02 10 65 from the standpoint of experienced goldfield mine operators there is no denying jumbo extension is a whale of a mine these same authorities freely express the opinion that jumbo extension will rival mohawk which was a sensation in 1906 advancing in seven months from 10 cents to 23 and producing according to government statistics over in less than seven months four months ago with little if any indications of bonanza mine merit jumbo extension sold as low as 10 cents on the of this month shareholders of this company will receive or a dividend of 5 cents a share the permanence of dividend disbursements are manifest in october net earnings of and november earnings of within the past ten days atlanta has advanced in market price from 33 cents to 61 cents a gain of about 90 per cent by reason of important ore disclosures on the 1750 foot level the deepest mine workings in goldfield at this point a two inch string er of ore was encountered which has since widened out to over six feet of 40 with eighteen inches assaying 75 it is the expressed opinion of goldfield mining men that the next forty feet of drifting in the atlanta which should bring the workings into the contact between the shale and la tite formations will prove atlanta a bonanza it will be remembered that it was in this contact formation the jumbo extension disclosed seven feet of ore assaying upwards of obviously exciter excitement flent based on expectations run high and is being reflected in daily transactions of thousands of shares in atlanta goldfield alone trading n shares last tuesday the most recent market sensation is oro which advanced friday to sales at 20 cents it is learned on good authority that the same market interests are buying oro as were most active in the constructive side of jumbo extension in its advance from 10 cents to a recent high of 4 obviously something of importance is brewing there here and goldfield advices advises the distinctly favorable and backed up by large buying orders recent developments in the oro on the and foot levels have been highly favorable and significant that the workings are approaching their objective namely an ore shoot of bonanza proportions on the foot level work has been concentrated on a four foot vein running 19 with stringers of high grade any round of shots in the judgment of goldfield may now be expected to bring in rich ore as the oro property is in bonanza territory adjoining on the north the goldfield consolidated which has produced in seven years upward of and distributed over to its shareholders in dividends |