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Show r 34c IBM, 3 Sc Askcdl Bingham Galena stock. Do it without delay and WITH BOTH HANDS. Bingham Galena is now any question the outstanding purchase on the whole list of speculative mining issues, traded in anywhere. Bingham Galena stock has the Ten Commandments WRITTEN ON ITS FACE. Here are the incontrovertible FACTS: On its issued capitalization today of 635,000 shares, Bingham Galena stock, at around 35c a share, would be selling at a valuation for the entire property of ONLY $225,000. Contrasted with this, an appraisement of the prospect value of the companys mine of the United mining estate, which comprises 485 acres and sidelines the $100,000,000 silver-lea- d States Smelting, Refining and Mining Company, in the Bingham District, for more than a mile, is $1,000 an acre, or $485,000, EQUAL to 76c A SHARE on Bingham Galenas outstanding stock. Further, the Bingham Galena Mining Companys rights for 29 years to mine and operate through the perfectly equipped $500,000 Niagara Tunnel of the United States Smelting, Refining and Mining Company, 7,000 feet long, 3,500 feet of which is owned by the Bingham Galena, may be valued at $250,000, EQUIVALENT TO AN ADDITIONAL 39c A SHARE. This tunnel taps the Bingham Galena property, unwaters it, and affords unexcelled transportation and shipping facilities at a depth of from 500 to 800 feet. and a railroad terminal are located within a few hundred feet of the mouth of Bingham Galenas ore-bithe big bore. Finally, the Bingham Galena mine is itself splendidly equipped with, hoisting machinery, air drills, electric power, and other modem appliances which make fer economic mining. More than 10,000 feet of undergorund workings have already been opened up. The mines equipment and exploratory work that has already been done comprise an asset which may be roughly estimated as of a value of $200,000. THIS IS EQUIVALENT TO ANOTHER 31c A SHARE. According to this calculation the actual indicated value of Bingham Galena stock at this time is $1.46 a share, comparing with todays market value of around 35c a share. BUY ultra-conservati- ve ns Besides the foregoing there are these very important items to conjure with in order to forecast future market action: The company has just been refinanced for deep mine development. After having had made available funds for the complete retirement of its outstanding indebtedness, a vigorous campaign of development work has been commenced under the direction of well known mine experts. The mine outlook is exceedingly promising. Official announcement will be made within a few days with regard to ore showings. Pending this it may be stated unofficially that the $500,000 production record of the Bingham Galena group to date is only a harbinger of what may soon be encompassed. (2) Some of the best posted Utah mining men are already stockholders of the Bingham Galena, or of its integer, the Silver Shield. The more thoroughly they are posted with regard to mine potentialities the more emphatic they are in expressing their confidence in the propertys future. Brokers report daily (3) The market feel of Bingham Galena stock is as strong as bull beef. increasing interest, a large number of bids in the market for blocks of stock at varying prices, and only scattered offerings, mostly at a considerably higher price range. We predict a 100 per cent rise in Bingham Galena stock within 30 days, 200 per cent within 60 days, a market price of $1.25 per share or higher by September 15, and WE BELIEVE THIS FORECAST WILL BE MADE TO LOOK TAME BY ACTUAL PERFORMANCE. (1) Child, Barclay & Company STOCKS, BONDS AND INVESTMENTS Established 1898 Ground Floor, Stock Exchange Building Phones Wasatch 4154, 2870 Branches: Provo, Utah, and Eureka, Utah Members Salt Lake Stock Exchange Salt Lake City, Utah |