Saturday, December 22, 2012

More about Randsburg.....

In exchange for half-ownership of the mine, the option to buy the whole operation for $500,000 within six months, Stanton agreed to build a $10,000 mill in order to process the ore.

The reader should keep in mind that Mooers and Singleton were nearly broke- they even owed money on the food that they'd been eating!  Not surprisingly, the two men - assuring Stanton that the absent Burcham would sign his share over, as well-signed the agreement.

More to follow...

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