How to Invest in Mines by E R Gabbott at Bookstore UAE
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How to Invest in Mines

How to Invest in Mines


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About the Book

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1896 edition. Excerpt: ... has caused the public to be more mindful. Many mines have been introduced which never had a symptom of success, and were never intended to succeed. The judgment of the broker ought to be sound to discriminate aright lest the client suffers: it is to his own interest to advise to the best of his ability. There are two classes of mines to choose from--dividend and non-dividend or progressive mines, as they are usually termed. The dividends paid by a mine are not always a safe guide to its intrinsic and prospective value. A mine may have paid large and continuous dividends and then suddenly fail; and on the contrary a mine may have paid but a few small dividends and then begin to pay larger ones regularly. Progressive mines are great favourites with speculative investors, as the shares often stand at low prices, there is, in the event of improvement in the mine greater scope for a rise in value. Some investors take advantage of such advances, and feel themselves well repaid on the original outlay, as profits are occasionally thus made of 100 to 1000 per cent. When a selection of mines has been made an investigation of each mine is advisable, and the origin of the company considered. If a company has been a long time established, this to some extent would be useless, as many who were originally associated with it might from various causes be so no longer. Generally its long establishment would in part prove its genuineness. The object of looking into the origin of a company, would be to ascertain something of the conditions, under which it was introduced to the public. The company may have been floated under most favourable conditions or it may have been little better than a fraud. When a company is found to have been successfully floated...


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Product Details
  • ISBN-13: 9781230394893
  • Publisher: Theclassics.Us
  • Publisher Imprint: Theclassics.Us
  • Height: 246 mm
  • No of Pages: 26
  • Spine Width: 1 mm
  • Width: 189 mm
  • ISBN-10: 1230394893
  • Publisher Date: 12 Sep 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 68 gr


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