Dishonest Miners - Part 2

06/18/24 • 16 min

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"High grading" was the practice of workers stealing a few pounds of high-grade ore to sell to crooked assayers. Professional gamblers rushed to each new strike to relieve the workers of the hard-earned money. Women were scarce on the mining frontier, but when they showed up, they were treated with extreme respect.

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Dishonest Miners - Part 1

There was always a way to cheat potential buyers of a non-productive mine. From dishonest assayers, to salting a mine with gold or silver from another mine, to selling worthless stock. Some owners assessed the stockholders on played out mines that never produced.

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Millionaire Miners

Sometimes it was luck, others a knowledge of geology and some it was buying the right stock. Eilley Orum, the Queen of the Washoe made millions but died poor. Four Irishmen became the Kings of the Washoe, earning $138 million form two mines and millions more investing in the right stock. All four died wealthy leaving millions to family.

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