| Show IRON BLOSSOM HASN'T ORE BUT BOTiS IS NEAR IT 11 That Is What Has Caused Stock to Soar Last Few ew Days MAY GO HIGH AS COLORADO Which Is Going Some When S Showings of f Two Ar Are Contrasted Authoritative news from the Tintic Tintic Tin Tin- tic district yesterday wes was thai the Iron Blossom som shaft haft is not in Ih ore but that itis in the tho formation formation which usually overlies o the ore In the Colo Cob Sioux rado-Sioux zone Superintendent eh ent Roun Roundy y Informed the tho J Knights several days das ugo that he would not be surprised sur sur- to strike the tho ore In the shaft at any time It is this which has made mache Iron Blossom Blos Bloc som Born stock so strong the last few days das Tho formation of that portion of or tho the camp has haH become EO 0 well Understood understood understood un un- that the miners b believe that they can m fi figure ure very close closely even e sometime some ome sometime time in a advance when the ore will HI be reached and when tho immediate immediato imme imme- diate llato ore are capping Is 18 encountered the they arc aro as sure of the ore as s though th lh thy y had IL it There Thoro may be disappointment disappoint disappoint- ment mont some sonic da day of course but no one Is IJ figuring upon that yet ot Iron Blossom stock is selling at a aprice price which would pay PlY for a pretty good mine that mIne that Is a mino with ore bodies already ad developed de It Is sellIn sellIng sell sell- In Ing for u million dollars more metro than la is Sioux Con Consolidated which has proven within t Its ground the ore body boly which Iron Blossom expects to get I The Tho stock bu buying public Is thus assum lue that in Iron j Blossom om tho ore I bod body will maintain its Ils strength for tOll approximately twice tho the distance that Sioux has it Taking Lon Chances It is a So long chance to ny riy tl tho th least But lInt believe e that the many moment moment mo mo- ment merit ore is encountered in Iron Blosom Blossom Blos Bios corn som the tho price of the stock will almost immediately Jump to 3 S a share That would woul place It virtually en on a n par with Colorado which Is s generally conceded to have o front from to of ore ora in sight And after aftel Iron BI Blossom om strikes the theore 01 ore Dye III In the shan shaft some Korne weeks of or devel- devel wilt will be ho required at best to dot determine wh whether the body Is Is' holdIng hold- hold Ing ng its own Then there is the tho possibility pos pos- that tho the oro bod body m may bo ho opened In u LL lean zone rone for tor It has lias lean SOUPS In Colorado o Should hould that oc oc- oc- oc I cur cur months t be required to provo the Ule status of Iron Blossom What VhaL would happen to the thc stock Block l It ii i ithe the meantime can in some soma measure be bt conjectured u l' l d. d This IK is not n a knock on Iron Elo lIo- lIo com not bv ly any ony meant Iron snit Is a q t. t Out But It Hi prof un and l win en men v voluntarily pay for fot it tho tha pric r fo for which n V lr lg- mine nine could b ba b ire iro Ul Y y not chances th that t are ale rot tt d dictated b by ordinary business bushness tense sense Im Imagine It you can that you ou were in lii th the tho market to purchase a mint mind outright outright out out- right that you ou should hould employ an engineer en en- Incer gincer to examine Colorado and Iron and that his r reports pots should show that Iron Blossom with no commercial com corn mercial ore in sight was worth approximately up- up proximately a as much as Colorado with Its to in sight What would you think tunic of that cn engi- engi fleer neer What do you Oll think of the stock-buying stock public |
