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The Montana Company, Limited: Case Study of an Anglo-American Mining Investment

Clark C. Spence
The Business History Review
Vol. 33, No. 2 (Summer, 1959), pp. 190-203
Stable URL: http://www.jstor.org/stable/3111520
Page Count: 14
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Abstract

The mineral riches of the West were exploited in distinct stages. Before a settled industry could emerge, highly speculative development companies bought out the discoverers, skimmed the cream, and braved the hazards of nature and management. Some, like the Montana Company, flourished for a time, but litigation, depletion, absentee ownership, and high costs made long-term existence almost impossible.

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