| Show FISHING FOR SUCKERS it 11 it is the open season the year around when it comes to fishing for suckers and suckers are always plentiful still it is not everyone with a rod and line that is after this class of game P although there are those who firmly bellevo believe that every mining company seeking the assistance si of capital for the development and equipment of its property is bending its energies to the landing of members of the sucker family it is only once in awhile that a company is formed which within its membership has ample cap capital ital for the exploitation of its claim or group of claims As a matter of fact most of our bonanza propositions of today were once on the ragged edge for the wherewithal for their development and the majority of them but for the success attendant upon the sale of treasury stock would now be but little more than prospects in seeking buyers of their treasury stock these mining companies were not an gling for suckers but were making overtures to capitalists and investors that were based upon honest and legitimate business principles they made this kind of a proposition we own what we believe to be promising and valuable mineral ground we lack the means to develop the same as it should be undeveloped it is practically worthless the indications are that our prospects if intelligently and economically worked will eventually take rank as regular producers and dividend payers will you j join 01 9 in hands with us in the furtherance of this enterprise we will put up the property if you will assist us with the necessary cash if we succeed we will all make our thousands where we have expended hundreds we believe we will succeed if we fail we are all in the same boat this is purely a business venture no one can consistently say that the promulgation mul gation of a proposition of this kind is merely a bait for suckers many however who have gone into mining ventures indiscriminately and who have not met with the success anticipated are inclined to regard every new mining company as a fraud paying but little attention to the many marvelous successes chronicled yearly in the annals of the mining history of this western country and it is this class that pass up more opportunities for safe and profitable investment in mining affairs than do men with evenly balanced minds who carefully consider all sides of the question when invited to join in with some strictly legitimate mining enterprise it is too true that there are many fake mining enterprises and companies but these angle with such lurid bait that nothing but a sucker would bite but a sucker is a sucker and no sympathy need be wasted upon him still because there are fishers for suckers and because the sucker will always take the bait this is no rea ir fon n why the sensible investor and capitalist t should fight shy of legitimate mining propositions oppositions und and of companies desiring to dispose impose of treasury stock for the purpose of I 1 ev eloping mining property of merit and ic value were all men to fight bihy ihy y of mining because a sucker is hooked very svery now and then the result would be hat at many prospective bonanzas would re nain ain undeveloped and unknown in the can dyons ons and hills of our vast mountain ranges and nd yet it takes but a small amount of intelligence to distinguish between the take fake mining company the fisher for suckers rs and the genuine thing lurid advertisements verti erti glowing promises dividends guaranteed and millions assured comprise the ahe different baits used in angling for suckers A conservative statement of facts I 1 and actual conditions are the arguments used by the legitimate seeker for assistance in in the development and operation of a mining proposition it is legitimate to advertise for capital to make an effort to dispose of treasury stock and this brings to our mind the advertisement of a certain western mining company in which the following terse statement is made we are not fishing for suckers nor gunning for mossbacks moss backs we dont guarantee anything but square treatment if we did not think that ahat we will get adequate returns for our time and money we would quit the deal cold if we make money you will get your share of it if you take a chance with us no sucker will bite at a bait like this he is too foxy |
