OCR Text |
Show KEYSTONE STOCK ON NJ. CURB Arizona people will list the Silver Keystone on the local Exchange. I visited this property, and it certainly looks to rae like the making of a big mine. It adjoins the Keystone Consolidated Con-solidated Mining Company, which has just opened an ore body fifteen feet wide, running over $100 per ton. There is no reason why the Silver Keystone should not make just as big a mine, as they have three thousand feet on the strike of the Keystone property. At the present time the company is installing new modern machinery. The work consists of a 1200 'foot tunnel and 170 foot shaft, all in ore. This shaft is being sunk to the 300 foot level to tap the tunnel. At the present pres-ent timo, the ore shown runs more than $100 in value, and is getting richer at depth. The company Is planning the erection erec-tion of a flotation plant of at least 100 tons capacity to treat these ores, and the property should be on a dividend divi-dend basis within a short time. The Golconda located in this dis-, trict is earning about $200,000 per month. The Keystone was recently listed on the New York Curb, and I induced Mr. Holmes and his associates associ-ates to list tho Silver Keystone on our Exchange. There is no reason why all these Arizona Blocks should not be listed here, as there is no wild-cat-ting in the Chloride District, and the properties have real merit The U. 5 smpitinn- Sr. Reflninc Comnany owns the Tennessee mine in this District, and are making big profits every month. The Guggenheims have just taken a lease on the Ekhart property, Which proves that the big mining magnates mag-nates are getting interested, and have confidence in this camp. I look to see tho Chloride District one of the greatest raining camps in tho world. These properties are Within three miles of the railroad. I do not desire to belittle the properties of Utah, but would llko to see the good properties of Arizona distributed among tho people peo-ple of this state; as I boliove they would receive handsome dividends, instead in-stead of letting it all go to Arizona and the East We all overlooked the stock of tho Utah Copper Company, and the U. S. Smelting Company, and practically all the revenue from these propositions goes to Eastern people. Advertisement. |