Show THE BUYING OF TREASURY STOCK all men cannot own mines from which gigantic fortunes are made but almost anyone can own stock in mining companies owning properties of good prospective value we say good prospective value because this is about the only kind of a mining proposition that one can buy into these days barring fakes and wildcat investments as it is not a common thing in this day and ago age to hear of the sale of treasury stock in a mining enterprise which is already productive and which is paying the owners big money therefore if the mining public desires an investment in mining securities the natural thing to do would be to purchase treasury stock in some company which has ground of undisputed value and merit which it desires to equip and develop if the company is composed of experienced reputable men en and its property is well located in a good district the chances are that the pur chaser of treasury stock will make thousands upon their investment where they have put in only hundreds not every investor in mining securities meets with success but we can point out a great many instances where the small investors in treasury stock have made their fortunes because of their good judgment in this respect all of our great dividend paying mines of today at one time were only good prospects in many instances companies formed for their operation had difficulty in selling enough treasury stock to develop them to a point where they could be listed as producing mines we have seen treasury stock sell at a dollar which a few years later readily brought the owner ten and twenty dollars a share we have known treasury stock to go begging at 5 a share and we have known the same stock five or six years later as a ready seller at a share and during four of these years this stock paid a dollar a share a month in dividends As a general thing those having a few hundred dollars to invest in mining cannot hope to become large mine owners even with ample funds at their command their business affairs may be such that they cannot devote their time to this fascinating pursuit but they can buy treasury stock in a good mining company and thereby become indirectly interested in the great mining industry of the west and at the same time be free to follow their usual business avocations untrammeled by the care and worry which necessarily attaches to the ownership and operation of a mining proposition stock investment is a phase of the mining industry that appeals strongly to the laboring classes to the merchant the clerk the banker and those engaged in various business undertakings and many such have become independently wealthy by means of such investments this is really the easiest way and possibly the safest to engage in the mining industry tor for those who cannot give their whole and undivided time to the management of a big mining enterprise |