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Page: of 90

should be invoiced to determine as Nearly as Possible
whether or not he was getting something for every dollay
invested—something that would represent a Property
value.
Yet this same man would place his cash in a mining
proposition without even attempting to find out whether
the capitalization represented figures based upon a property value, "2
There are many reasons why the investor should regard these matters with caution. Mines, the same as
other business Propositions, are liable to fail, and in the
event failure ensues, it is always well to have a property
that can be handled to advantage.
Tf you owned a farm and through bad management
made a failure, some good Manager.might come along,
realize that it possessed fertile soil, and take it at a good
price and make a success of it. The same might be true
in connection with a mining proposition,
Before you invest you should make inquiry and ascertain something of the value of your Property. See
that it means that there is something back of your investment.
While of course it is difficult to place a value upon a
mining claim, the same as a value could be Placed upon
some other proposition, yet it is a fact that
ing district Properties have a fixed value.
ing proposition, these values depend large
amount of ore blocked out, and the gener
condition of the mine. In the Prospect, the value is placed
on a basis of what surface showings ha
cba ve been, and the
proximity of the prospect to Producing Propositions, and
the general location as regards the methods of handlin
transporting and treating the ores. ee
As a matter of fact, custom has formed two classes
of mining Propositions—the Produci
in any minIn a producly upon the
al character and