Show MINING investment opportunities there never has be been en and there probably never will again be such golden opportunities for legitimate investment in metal mining undertakings as exit right now this declaration is made in all candor and without ulterior motive in any sense the only reason for making such a strong and unqualified statement is because of the fact that it is impossible to witness the trend of events frouday from day to day as they come rolling in to this business and geographic center of the western metal mining region and reach any other conclusion boom period has followed boom period in the metal mining camps of the western states and mining excite ments and stampedes have arisen and fell with almost as much regularity as the rise and fall of the tides of the oceans since the days of the argonauts since the palmy days of the Corn comstock stock many rich mining districts have been discovered and thousands of profitable mining enterprises have been established and as a result of it all thousands of propositions of merit have been wrecked through one cause and another many have failed through lack of management others through lack jack of proper financing many more through ignorance of geology t and mineralogy miner while hundreds and thousands of pro proposition p position of or less merit went to the wall as a result of dish dishonest onesi promotion and stock jobbing schemes paradoxical as it may seem these are the conditions which have laid the foundation stone of success for the mining investor ot of today he is to become the beneficiary ot the blunders mistakes binef and of those who have gone belore he is to reap the benefit of discoveries already made and he is also to reap the great advantage of securing partially developed mines in which most of the so called dead burk has been done and in the rehabilitation of which and in making it profitable lie he can attain his end at slight ii if any chance of failure and at small risk or outlay financially improved methods of mining and milling ores better tran facilities better smelting smelling sm elting rates and the gradually advancing prices of metals now make is possible for the metal mining investor to take hold of propositions which under old conditions and methods could not be operated at a profit and make them pay handsomely As an illustration of how it is done about eighteen months ago a number of men who had been operating in an old district of utah for twenty years or more decided to sell out and give somebody with capital a chance to make a real mine out of their holdings they had mined considerable ore and believed the property had great possibilities through an intermediary they found a combination willing to tackle the proposition on certain terms these terms provided that the prospective purchasers would undertake the development of the mine and buy it at a stated price more than within a given tine time if it met expectations that durin during b the life of the option a stated royalty on all ores shipped d would be paid the vendors with the understanding tail idin that such royalty payments would apply on the purchase price the deal was finally consummated and the royalties on ore and concentrates shipped paid for the mine the purchasing company now is making toney money hand over fist and it is safe to say that it would take several millions of dollars to purchase control today other deals of a similar nature have recently been made and others to our knowledge are obtainable very few owners of meritorious properties today demand large cash payments to bind bargains they are ready and Nv willing illing to do business on reasonable terms many of them can show large tonnages ton nages of ore out of which they have never been able to make a penny for reasons previously stated they are without means to further develop and equip their mines and they are willing to do the right thing with investors who are capable of getting results and who are willing to take up and continue the work from the point where the old owners have been compelled to quit it is along these lines where the opportunities of the mining investor lie today and they are numerous |