Gold Creek Mining Co. - Stock Certificate
Inv# MS2411 Stock
Stock printed by McKee Printing Co., Butte.
Pioneer district (Gold Creek).-Five placers and two lode mines in the Pioneer district produced 3 tons of ore, $1,369 in gold, and 16 ounces of silver, valued together at $1,375. The ore averaged $208 in metals a ton and was chiefly siliceous gold ore from the Pioneer group treated by amalgamation. The placer output, valued at $751, was produced chiefly from the Ballard, Friday, Pikes Peak, and Surbaugh properties near Gold Creek. It was reported that the Gold Creek Mining Co., operating 5,500 acres of placer ground near Pioneer, had ordered a dredge for work on Gold Creek, but the machinery had not been erected at the end of 1930. The Pioneer lode mine was under development by the Pioneer Minerals Corporation, and total expenditures of about $5,000 were reported. (Mineral Resources of the United States, Part 1, By United States. Bureau of Mines)
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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