Show THE SALE OF TREASURY STOCK it is only once in awhile that a company is formed which within its membership has ample capital 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 for their treasury stock these mining companies were not angling 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 you join 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 re gard I 1 every new min mining ing company as a fraud paying but little attention to the many marvelous successes chronicled yearly in the annuals of the mining history of this western country and it is is this classy 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 0 of f the question when invited to join in with some strictly legitimate mining enterprise se it is too true that there are many fake mining enterprises and companies but ut 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 reason s on why the sensible investor and capitalist should fight shy of legitimate mining propositions and of companies desiring to dispose of treasury stock tor for the purpose of deve developing loDing mining property of merit and acknowledged value were all men to fight shy of mining because a sucker is hooked every now and then the result would be that many prospective bonanzas would remain undeveloped and unknown in the canyons and hills of our vast mountain ranges and yet it takes but a small amount of intelligence to distinguish between the fake mining company the fisher for suckers and the genuine thing lurid advertisements verti glowing promises dividends guaranteed and millions assured comprise the different baits used in angling for suckers A conservative statement of facts and actual conditions are the arguments used 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 square treatment if we did not think that 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 ita it if you take a chance with avith us no sucker will bite at a bait like tuna tais he is too foxy |