Cerro Colorado Mines Co. - 1910 dated Colorado Mining Stock Certificate - Cerro Colorado Mountains
Inv# MS3467 Stock
Colorado
Stock with small tape repairs. The Cerro Colorado Mine (Heintzelman Mine; Silver Queen Mine) was discovered around 1750 by Spanish explorers. The mine was in production from 1856 to 1884 and from 1901 to 1937. Early production was by the Sonora Exploration & Mining Company, which was then owned by Charles Poston and Samuel Colt. Production was some 3,000 tons of ore which averaged about 100 ounces of silver per ton, 0.1 ounces of gold per ton and minor amounts of lead and copper. The highest grade ore on record was over 12,000 ounces of silver per ton, with an average mined grade in 1859 of 770 oz/t; the average since that year is around 225 oz/t. Ore was mined above 350 feet of depth. Read more at https://en.wikipedia.org/wiki/Cerro_Colorado_Mountains
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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