Show win Will SOME MIXES MINES PAIL Pall Fall to Count Cost the f 0 Development The most float Interesting news item Item brought out at tho meeting was that notwithstanding all the money poured Into this property to date amounting approximately to 4 it would require another 1 to bring the equipment and development de tIe- up UI to that point of efficiency aOl effi that the company could place Its copper on the market profitably says the Now York Mining Age Thomas Thom Thom- as F. F Cole It Is believed i Is supplying the extra extra for which he be ac- ac opts a second mortgage on the property prop prop- erty and together with time the c privileges of the tho bonds nto stock Stockholders often wonder what becomes be be- comes inIez of the tho funds they have havo sum rend ered for the stock turned over to a company No one begins to the costs coat amount to In handling a proposition of this kind Developing low grade mines costs money Time Tho investment represented in the Steptoe plant at Ely including including- the amount if money used to open up time the Cumber Cumber- land Ely and Nevada Consolidated Popper Co properties has been put all the tho way from to When ono considers these figures it Ii is 10 no riO wonder there are s so many properties awaiting the financial Moses who will lead them out of the land of bondage prospects fall by the wayside because of their Inability to secure financial help on the Lime scale necessary to make a mine |