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Hokitika Guardian, 26 March 1931, Page 4

All concerned with the launching of Rimu Dredge No. 2, are to be congratulated on the success attending the occasion. The weather behaved splendidly and lent all the aid necessn,ry to make the outing for tho assembled gathering pleasant nltd agreeable, The launch HMf had n premature happening being ahead ol schedule time, but iff effect it was noir.) the.less perfect and gave gratification all round at tho fine success it was, The large lpdl looked mure imposing in size in itp native element than on the skids which it left so gracefully. It rode the water with plenty of frig* hoard, so that it may still be burdened with much machinery. The congratulations to tho management weiv hearty and very eordial. I lie address expressed briefly, but none the less sincerely, tho feelings ol tho community towards the welfare of the Company, while the speeches were pitched in the right key, and the several representative gentlemen voiced public feeling admirably. It was certainly an occasion for pride and pleasure on the part of the community. It was indeed pleasing to find so great an enterprise extending its operations so substantially, and pride iuh v If' felt tlnii; the prospects of the district justified the very considerable enterprise involved. The Company at the outset spent', in th o region of £50,000 in launching its project, and ha,s worked steadily eve r since. Now, an additional U 3100.000 is being spentto further aid the mechanical power, lit is indeed pleasing to know that the prospects of the. field warrant so financial a venture, and as wais explained previously, there is no occasion to doubt its future succors, because in th ( . thorough manner typical of the operations of the Company, the locality lr's been well prospected, and there Is eonlkk'mie that an adequate re-, turn will he won, We can, therefore, join with every sincerity in Imping that the most sanguine expectations with regard to failure returns will be realised, and that the Company will continue to flourish and prosper in the continued harvest it is destined to win from the hidden treasure in Rimu Flat,