| Show MONEY IN PROSPECTS the complaint is ge general in e ral among p ros that it is difficult to interest inhere at capital in good prospects and they assert thi that t many big mining men who have made for tunes in mining are inclined to fd ignore fabj I 1 meritorious propositions of this nature to which their attention is directed there is something peculiar about this condition of affairs and particularly so when it is remembered that all big and productive mines were at one time nothing but mere prospects and when one COL siders the fact that many of our successful mining men now at the head of bonanza dividend payers owe their success to the prospect which they developed into apay a pay ing mine it is a matter of wonder that they should so soon forget the primary source of their present wealth and affluence if it were not for the prospects yearly discovered in the mining camps and districts of the west were it not for the fact that many of these are able to interest capital in their development and were it not also a fact that of these prospects so developed a certain number are annually transformed into producing and paying mines it would not be many years before the metallic wealth producers of this country would become limited and their number lessened by exhaustion and abandonment until finally the mining industry would die out entirely it is to the prospect then that we of the west must look to for future prosperity and progress it is to the bonanzas in em ein byro that we must look to to sustain the life othe mining industry for the prospect of today may be a big mine tomorrow and the man of limited means who put his hundred his five hundred into its development may suddenly blossom out into a mining magnate with many thousands at his bis command more good big money is made in prospect development than is the case in almost any other branch of the mining industry it takes a great deal of money to buy and operate a developed and producing mine and men of almost unlimited means only can engage in mining along these lines A few mens men however even though they be in rather straightened circumstances can join issues with their small capital in the exploitation of a prospect and if it is possessed of merit it will not be long before they can place it upon a producing basis tall oaks from little acorns grow the same axiom applies to mining from a small producer the prospect rapidly grows into a big mine if it is worth when it begins its initial shipments it is worth ten times this much as development work progresses and as the workings block out more ore and room is made so that more men can work in breaking down the ore bodies for shipment and the market A little later a miracle has taken place the mine is worth half a million and capital is tumbling over itself to get posses sion of it the transition from a prospect into a bonanza is so rapid so to speak that the owners are taken by surprise they can hardy realize the good fortune that has come to them they rub their eyes in bewilderment and although they have worked steadily to bring about this pleasing condition although they have hoped almost 7 against hope their success now that it is a reality seems more of a dream to them than does the dreary days when they labored in the tunnel and shaft the days when they worked and tolled toiled in the confident belief that in due time their prospect would open up into a mine into a producer that would bring them many thousands for every dollar they had expended we yearly see such marvelous changes in almost every mining camp throughout this intermountain region we see the prospect in its evolution of development bud and blossom until it takes rank as a producer and dividend payer making its poor owners rich and creating a desirable avenue for investment for the wealthy and for the syndicates of our donled centers and yet there are those who aff affect act to despise the prospect and who will give the prospector no more of a hearing than they would a beggar at their kitchen door many opportunities for desirable investment are offered in mining in its various branches but there are none which should appeal to the man of limited means more strongly than should the meritorious prospect |
