Engineering Analysis of a Mining Share (Classic Reprint) - Tapa dura

Sinopsis

Excerpt from Engineering Analysis of a Mining Share

Mining securities have, broadly speaking, underlying them either, (a) mining properties not yet producing but in various stages Of development, where engineering experience leads to the belief that the valuable products can be recovered and marketed at a profit; (b) mines with a more or less extended and remunerative career whose immediate future is assured as profitable, within the limits of mining ventures, and whose more distant future is reasonably promising; and (c) inoperative, unprofitable or slightly profitable mining properties which, by virtue Of additional property purchases, increased amount or value Of ore reserves, improved mining and treatment methods and facilities, higher standards of organization, varied rates of output, rising prices or improved demand for the products, etc., may be made to yield satisfactory profits.

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