WAIHI GOLD MINE.
« MEETING IN LONDON. THE TRANSFER OF CONTROL OPPOSED. By Telegraph—Press Association—Copyrleht (Bee. May 2, 11.5 p.m.) London, May 2. The directors of the , Waihi Goldmining Company of New Zealand have issued a report on the present position of the mine. They emphasise the point that no ore bodies below the ninth level liavc beon tested, but add that nevertheless, though the mine has lost, for tho present, iie ("juaiity of stability which it was believed to possess, its potentialities are onorraous.
Three hundred and eighty-seven New Zealand shareholders,., representing .£33,500 shares, oppose the transfer of the Board to New 'Zealand, and the directors state that they do not believe that the British shareholders, who own seventy per. centum of the stock, desire the control to be given to New Zealanders.
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Dominion, Volume 4, Issue 1117, 3 May 1911, Page 5
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133WAIHI GOLD MINE. Dominion, Volume 4, Issue 1117, 3 May 1911, Page 5
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