STOCK SELLING ACTIVITIES OF COMPANY BROUGHT TO ATTENTIONOF OFFICE OF THE NEW MEXICO BANK EXAMINER. STATE EMPLOYEDGEOLOGISTS EXAMINED EXPOSURES. SAMPLES SHOWED LITTLE GOLD.TRACE OF SILVER (NO VALUE) AND NO MERCURY. THE GEOLOGISTSCONSIDERED THE DEPOSIT TO OFFER NO POSSIBILITIES FORCOMMERCIAL MINING. THIS REPORT CONTRADICTED THE VERYOPTIMISTIC ADVERTISING MATERIAL WHICH WAS CIRCULATED.(WELLS AND WOOTTON, 1932, P 14- 15)EXACT LOCATION UNCERTAINWELLS E.H. AND WOOTTON T.P. GOLD MINING AND GOLD DEPOSITSIN NEW MEXICO NMBM CIRC. 5 1932 P 14-15LASKY S.G. AND WOOTTON T.P. THE METAL RESOURCES OF NEWMEXICO AND THEIR ECONOMIC FEATURES NMBM BULL. 7 1933P 88ANDERSON E.C. THE METAL RESOURCES OF NEW MEXICO AND THEIRECONOMIC FEATURES THROUGH 1954 NMBM BULL. 39 1957P 106BINGLER E.C. GEOLOGY AND MINERAL RESOURCES OF RIO ARRIBACOUNTY, NEW MEXICO NMBM BULL. 91 1968 P 101