Chapter VI: Conclusion: As a practical problem, the assessment of prospective
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value is usually a case of "cut and try." The portion of the capital to be invested, which depends upon extension, will require so many tons of ore of the same value as that indicated by the standing ore, in order to justify the price. To produce this tonnage at the continued average size of the ore-bodies will require their extension in depth so many feet--or the discovery of new ore-bodies of a certain size. The five geological weights mentioned above may then be put into the scale and a basis of judgment reached.
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Principles of Mining: Valuation, Organization and AdministrationChapter VI: Conclusion: As a practical problem, the assessment of prospective
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