Peter O'Riley held on to his Ophir interests collecting dividends, until selling for about $40,000. He erected a stone hotel on B Street in Virginia City called the Virginia House, and became a dealer of mining stocks. He began having visions and began a tunnel into the Sierras near Genoa, Nevada (an area of no known mineralization), expecting to strike a richer vein than the Comstock. He eventually lost everything, was declared insane, and died in a private asylum in Woodbridge, California.