Opposition from the LDS Church[edit]
In 1913, Mormon apostle and geologist
James E. Talmage examined some ore from the Dream Mine and reported to church headquarters that it was worthless.
[9] On August 16, 1913, the LDS Church issued a statement entitled "A Warning Voice" directed at Koyle's Dream Mine.
[11]:35 The introduction to this statement reads:
The First Presidency warns the Saints against investing in worthless stock, even if promoters allege that they are guided by dreams and revelations…. Almost everyone has heard stories of how such and such has found a rich mine by
[12]
following directions given in a dream, and many fondly hope for similar luck, but in most instances, it will be found on investigation, that such stories have little or no foundation in fact.
Abstract
The Koyle Relief Mine, located near Spanish Fork in Central Utah, has had a profound effect upon the life and property of thousands of members of the Church of Jesus Christ of Latter-day Saints. Company officials claim that the number of stockholders, past and present, exceeds six thousand persons.
Despite the sixty-eight years of its totally unsuccessful operation, the mine continues to maintain a countless number of old believers and to attract a considerable array of new ones. Prompted by a type of religious fervor, these people continue to declare the mine divine and its founder, John H. Koyle, inspired. Basing their faith on the claimed dream, visions, and theophanies of Koyle, they await the coming forth of boundless riches from the mine which will be used to benefit not only themselves, but all of the righteous in the last days.