Show MINING BOOMS AND MINING STOCK BOOMS S Q EFFORTS now are being made to launch 0 another mining boom in nevada apparently along the same old musty threadbare thread bare lines of several predecessors we said mining boom it should more properly be designated signa ted as a mining stock boom for that is what nearly every move being made points to there can be no fault to find with nevadas staging of a mining boom a boom that will attract money into the mining districts of that deserving but much abused mineral laden state providing the boosters boasters bo and promoters will use the funds to open up and develop deserving mining properties but theres the rub tt is pretty hard to forget the hullabaloo that was made over the leadfield adfield Le boom when it was promised that it whole mountains of lead ore were available and that milling plants of thousands of tons daily capacity were 6 gogg ZI 1 to be erected at once on the amargosa amargoso river etc at thit that time the mining review tried to look only at the right bright sije side of that splurge even printed illustrated de crip tive stories about it similar credence was given to a number of other splurges in which promoters claim owners and brokers were all accorded the benefit of any doubt that might have been entertained concerning the outcome of the generally abortive half baked efforts of the boon boom manipulators one after another of these get the money campaigns have blown up without a single proposition making good in the heralded extent and sensational value of ore discoveries and corresponding riches that were to fall into the laps of investors in the shares of the concerns playing in the game A half dozen of these sporadic booms have been pulled off during the past eight or ten years it is not necessary to repeat the details here they each blossomed and thrived for a short time and there was little variation in the class of seed from which they grew and later pined away and died A lot of fall planting is being done right now from the same old seed somebody makes a strike the ground is gobbled up by a broker or promoter and a company is formed then come the stories telling how many thousands of tons of 20 50 or gold ore has been disclosed by sinking a ten twenty or thirty foot shaft and that it is PLANNED TO BUILD A MILL in the spring to treat the ore and begin disbursement of dividends to the LUCKY shareholders you know how it is and know it better than anybody if you were lucky enough to get an allotment of the stock before it should be selling at several times the prevailing price well they are nearly all alike these sort of promotions so if you insist on getting stung go to it A few years ago a nevada mining man visited this office he explained that he had a most promising mine in a certain district he displayed some of the ore it was fine and no mistake and then some pictures showing the mouth of a tunnel and a nearly completed milling illing plant which he said could quickly be placed in commission commission asked if he had ore elou enough 11 to keep such a plant running lie he took the questioners breath away by frankly replying hell no I 1 got any ore to speak of but if you expect to interest anybody in buying stock you have got to have a mill there is not a pulley with a belt on in this mill but it looks all right dont it this mill was not built to treat ore it was built to SELL STOCK ON can you give the proposition a nice little write up tip id appreciate preci ate it do you boom stock investors grasp the point |