KeywordsArizona Geological Survey Bulletins
United States of America
MetadataShow full item record
PublisherUniversity of Arizona Bureau of Mines
DescriptionFrom all sides we hear of the demand for 'mines and prospects. The surplus of Eastern money caused by the large profits of the past few years has been seeking an outlet, and is ready to take the speculative or semi-speculative opportunities that the purchasing of prospects offers. Then we hear from all sides of the hundreds and even thousands of prospects that are for sale, but we hear but little of actual sales and the working of new properties. Probably more money is available for investment in mines than at any time during recent years, but the mines are not being found. It is an encouraging sign of the times that substantial business men of large resources are prepared to invest in metal mines on terms fair to all concerned, including the promoter and miner stockholder, and there is no more important problem in the hands of the prospector than the making of mining less of a game for gamblers and more of a business for investors worth while. 18 p.
Series/Report no.Bulletin No. 62
Economic Series No. 13