Show THE LEASING SYSTEM IN NEVADA los angeles mining review the leasing system as worked out today in nevada has like most things its good and its bad points but it fills the present need as possibly nothing else could do it is applicable only to rich deposits at or near the surfaces and it certainly whenever successful diminishes rapidly and extravagantly trava gantly the gross value of mines so opened on the other hand as recently shown at more than one property at goldfield the result has been to demonstrate values hitherto unsuspected and to fill company treasuries with funds to follow exposed pay shoots to deeper levels shareholders have thus been very greatly the gainers in fact though theoretically losers of a portion of wealth they owned but did not know of it is true that leasers leaders lea sers when they open high values generally butcher a mine at least as to those portions of the vein they can reach within their time limit unless in the agreement methods be stipulated they have a right t to get all they can in any way they can and owners who grumble are not playing the game leasers leaders are doing much for nevada they have no time to waste and they are making strike after strike opening mine after mine in a way that has no parallel the system is in a way wasteful but it is vastly saving of time and throughout the richer portions of the state it is possibly the most potent factor in pointing the way to opportunity |