Salt Lake Telegram | 1919-03-01 | Page 8 | Mine Neighbors of Plutus Receive Attention

MINE NEIGHBORS NEIGHBOR'S OF PLUmS RECEIVE ATTENTION Possible Ore May Be Struck I in May May Day Godiva and Uncle Sam Continued activity In has r re- re suited suied In Increased Interest in neighboring neighboring neigh neigh- boring properties such as May Day Godiva and Uncle Sam because of the great of striking ore at depth as has been done In the In discussing the the Eureka Eureka Eu- Eu reka Reporter says Tintic stocks have been quIte active active ac- ac tive on the exchange during the past week and would it would not take much to get the Investing public to the purse strings and start another stock boom Somebody Is picking on the theay May ay Day but whether It Is because ot of new underground developments or simply because the stock is cheap we weare weare are unable to say Perhaps Its It's both Whole bundles of May ay Day have been changing hands during the past tour four or five days and If this buying keeps keps up the stock Is due for higher figures The price of the May Day stock would seem to Indicate that the mine had applied for admission Into the down dow and out class but a lot of people cannot cannot can can- not forget torget that this Is one Tintic mine that has a habit of coming back at the most unexpected times and perhaps it i Is about due for one of these come come- backs As far as the strike Is concerned concerned con con- It hadn't ought to have much effect on May Day the properties not being connected up In any way but taken on the other hand a strike at such a depth cannot help but make other properties such as the May Day Godiva and Uncle Sam sit up and wonder what their own ground contains contains con con- at similar depth or deeper But getting back to the May Day It should be understood that some likely development development devel- devel Work worle Is being done at this property and as long as prospecting Is under way in new and promising ground there Is a chance of the old mine being rejuvenated Local people peo- peo pie have been buying May Day because because be- be cause they want to be In the swim swi if something Is developed on the 1000 level and any local buying always attracts attracts at- at tracts the attention of the Salt Sal Lake people eople who deal In stocks ThIs probably proba- proba bly accounts for tor the activity In the company's stock and then it i is generally gen gen- understood that there is a probability of some deeper developments develop develop- ments if the May Day fails fais to get ore oreon oreon on the 1000