These Mines Were Promoted Like Crazy And Then --- ** THIS ** Happened!!

#leadfield #abandonedmines #ghosttowns
This is a video about the short lived California mining town that became a ghost town almost over night. It was a town that lead was treated as gold by promoters.
There's an old saying that was quoted by Mark Twain about gold mines and gold mining. The quote went like this: "A Gold Mine Is a Hole in the Ground with a Liar at the Top". In later years the Detroit Free Press was noted as quoting, "A mine is a hole in the ground. The discoverer of it is a natural liar. The hole in the ground and the liar combine and issue shares and trap fools." Some would say that both of these quotes couldn't be more true of an example of the story of Leadfield. However as you will see, others beg to differ.
Most of these old mine camps were not the places you would have wanted to invest any money or even buy property. Sure, there's a few old towns that were known for their boom, but there are a whole lot more that are known for their bust and this town was just one of those kind of towns. In fact this town barely lasted a year.
It all started way back in 1905 when a couple of prospectors discovered some good looking ore here. This was around the time same as when the big discoveries were happening on over in the Bullfrog mining district just across the border in around Blair and Rhyolite Nevada. Anyways these prospectors grabbed some ore samples and took them to Rhyolite to get assayed and found out that this ore was grading around 40 bucks a ton. Not bad for back then so the two miners set up a company called the Death Valley Consolidated Mining Company and even sold shares in the operation. However it didn't take long before these couple guys found out that after all the mining, transportation, milling and smelting costs, there was no money left and so after about six months the company closed up shop and they abandoned the claims.
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[@ARGONUAT]

Solidly done and told.

[@oldlostminer]

Thanks for watching.

[@FlashInYourPan]

I always enjoy your short stories of yester year and mining history. Thank you!

[@oldlostminer]

Thanks for stopping by this morning. Appreciate it a lot. Have a great week.

[@OGRocker1]

Enjoyable piece of history, thank you for sharing. Take care and stay safe. ⛏⚒⛏

[@oldlostminer]

Thanks for stopping by this morning. Have a great week.

[@OGRocker1]

@@oldlostminer You as well, thank you.

[@nevadaminer5977]

Great video. Reminds me of the Bre-X scandal from not too long ago.

[@oldlostminer]

Good old Bre-X. Thank you for watching this morning!!

[@nevadaminer5977]

@@oldlostminer most welcome

[@drewclarke5920]

Juan Guzman doesn't fly in helicopters anymore....

[@arthurpeterson246]

Your stories/videos goes good on a Saturday morning with coffee. Thanks pal

[@oldlostminer]

I appreciate you joining me Saturday mornings. Have great week and thanks for watching!

[@davidelack8809]

Well done sir! cool video.

[@oldlostminer]

Thank you for watching. Remember new video every Saturday.

[@stevenhigby3512]

I always wondered what mining town that was.

[@oldlostminer]

Thanks for watching today. I appreciate it.

[@brentwall6959]

🇨🇦👊

[@oldlostminer]

Thanks for watching. Have a great week.

[@KAZSANable]

💙⛏

[@oldlostminer]

Thanks for watching. I appreciate it.

[@michaelfercik3691]

Too bad they did not have gold dowsers using physics for deciphering the ore bodies.

[@oldlostminer]

Hey thanks for watching today. Appreciate it!!

[@richardmcgrew2167]

Not much of a famous rich mine story. But an interesting story.

[@oldlostminer]

Thanks for watching.