For all of the Copper Country’s copper richness, the difference between success and failure was often a matter of feet. A lode that proves extremely rich to one company can prove helplessly bare to another only a few hundred feet away. But the bombastic success of mines such as C&H and Quincy drove a highly speculative market, prompting an insane amount of investment in mines that had little chance of succeeding. No mine illustrated this concept as beautifully as the Arcadian. It was Standard Oil in fact – the oil dynasty run by Rockefeller himself – that developed the Arcadian Mine in 1898. With such a name like that behind the mine, investors saw little chance of failure. Soon over two and a half million dollars was raised (in 1898!) and the Arcadian Mine moved quickly into development.