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Uy its own gravity, and I Uelicvc that it is as economic a plant to operate as any plant I have ever <br />seen, and more so when I consider that the machinery is operated b}• water power owned Uy the <br />company. <br />I personally inspected and erunincd the Henrietta and Surprise mines, once in company with <br />\Ir. D. timUell, the superintetxlent of the mines, and once in company with \Ir. L. \V. \Valter, the <br />superintendent and metallurgist of the smelter. Both times I sampled the mine in the different work- <br />ings, and the values of c-lch class averaged in excess of the values stated in your prospectus. I took <br />many samples to get an average. <br />The great Uulk of your ore is a milling ore needing concentration, and I Ucliet•c the property is <br />tcorthy of a mill to handle at least five hundred tons of ore per dav, and :un confident that if No. to <br />level opens the ore equal to what it is above (and I believe it will Ue Uctter) the property can fur- % <br />Wish a mill with a thousand tons of milling ore dail}• Eor tears to come. The aggregate large profits <br />to Ue made from the milling ore is from its great krnnagc. I should think you could figure safely on <br />' 6 <br />'. <br />~J <br />Uuc UrwQdcL'la•ISU(eruumlw~lllr lust IouRCr`ll mll1lhe uld style ipyruml 1 lower <br />square type, <br />¢nd uvolds the twistlug and IuV: rut struh~ w whlcL the latter lu suh]ceted. <br />ten per cent. oC the ore being of your good grade smelting ore to go direct to the smelting plant. Of <br />course, the concentrates from your mill would go to the smelting plant for final reduction. `~ <br />When I first visited your plant the ore had to be hauled from the mines down a wagon road to <br />the rai]way Uy teams. The aerial tramway will sate probaLly more th:u7 two dollars per ton of the <br />expense of freighting and road repairing, which oC itself is a big profit on a large daily tonnage. ;, <br />I wish every stockholder could visit the property. If so, you could raise all the money you want ,- <br />to Uuild the necessan• concentrating plant and libentlly finance the ore department of the smelter in <br />a week's time. <br />I teas highly pleitsed with the entire local management, :uul on inquiry of the Uusiness and min- tt <br />_i ~ ,c~~ <br />;~ <br />