PROSPECTUS OF AMALGAMATED KAWARAU GOLD" CLAIMS, LTD.

NZ Truth, Issue 1017, 23 May 1925, Page 16

PROSPECTUS OF AMALGAMATED KAWARAU GOLD" CLAIMS, LTD.

Last Opportunity m- Kawarau Claims. Gold Letter Advertisement for New Zealand. While "Cambist" for a few weeks was warming his body m the Sydney sunshine and, later on, cooling it m a wet southerly, he ran across ii^any good New Zealanders m that overgrown and wretchedly governed city. Amongst them Mr. H. Sydney Smith, who promoted the Maoriland Kawarau Gold, Ltd., the L/Ucky Chance Kawarau Claims, Ltd., and Another Chance Kawarau Claims, Ltd. The first mentioned secured all the capital required m fifteen days and many prospective investors were shut out and disappointed through delaying their applications beyon^i that time. The Lucky Chance : (which was reviewed m "Truth") was over-subscribed m forty-eight hours; Another Chance was rushed immediately the prospectus was mooted in 'Auckland city. Before that document was out of the printer's hands the whole share issue was absorbed by the "early birds" on that occasion-' Vogel's Vision Gold Co., Ltd., with its 140,000 five shilling shares, was over-subscribed m seven days. All of the foregoing supplies evidence that at last the New Zealand public are awaking to THE ALLURING GAMBLE which the exploitation of the Kawarau River, claims offers to those persons who are : sufficiently speculative to "take a plunge" through the foaming river right down to its golden buttom, so to speak. The Maoriland float was purely an Australian affair, but a great, number of New Zealand people sent their money over there so that they may participate m the advantages offering for a gamble on the Sydney Stock Exchange. The same thing is happening now regarding the concern which is at the head of. this article. "Cambist" was m the broker's office for the' Amalgamated Kawarau Gold Claims, Ltd. (May 6th), and was shown numerous applications for shares m that company from New Zealanders. One thing that struck him forcibly was a number, of bank notes sent as application money ,which were long out of circulation m the Dominion.. These notes were evidently taken- from some family hoard, and doubtless represented the savings of frugal persons who had no banking accounts but instead some "safe place" of deposit known, only to themselves. But the covering letters told m direct language how these applicants "knew the Kawarau River and .how they believed that tons of gold would be taken from it when the dam was .finished." These "old timers" were on the the Shotover, the Arrow and Kawarau m the early days,' and to them all these many years the;belief that a rich strike would happen when these rivers were subdued has grown into a settled conviction which nothing will remove. Perhaps ' they may be disappointed m their hopes, but at any rate they are PLUCKY. ENOUGHto take the gamble on. "Cambist" applauds their decision, for he certainly holds considerable faith "m the future development of all of these claims. No one. can "pick 1 the' winner" with certainty on these water courses with" their' golden pockets, but there must be" some Bonanzas, here and there, to say the very least about- the matter. ' . ' : ' The/ prospectus of the Amalgamated Kawarau Gold Claims, Ltd., will be published m the Dominion.. There wil) be 25,000 of the shares' reserved .for our splendid little country, arid "Cambist" is of opinion that these five shilling shares .will be rushed by ; - New Zealand speculators. The claims, m this amalgamated company .number twenty-one; they are well spread along the course of the Kawarau and should* therefore provide a better chance for success than if ali were bunched together. The area, held by the company gives control of five and a quarter miles of the river or practically one-sixth of what is now regarded ( a's "the richest river m the world. 1 ' 1 ■; / . "Cambist" has always been partial to the possibilities of the alluvial and reefing goldfields of New Zealand. Ho hopes that their .businesslike development will advertise the country and attract attention to its WONDERFUL OPPORTUNITIES for every class of industrious people. The All Blacks have proved what manner of men we hold m the nativeborn population. • The eights sent over to New South Wales have also proved the manly stuff m "our boys!" Bui m the material: results following soundly conducted goldmining he looks for a world-wide attention of the most important description. .We shall all participate m the benefits which appear to be possible, but to gain these worthy ends some money will have/ to be^invested, some work will have to be done. A good gamble about sums up the situation. "Give it a fly." ; :

Since writing the above, "Cambist" has been advised that over 95,000 shares have been applied for m this company; 100,000 shares will qualify for registration of the company, which should , be easily accomplished m a few days. New Zealand investors should be prompt m sending applications m, as this company, will be oversubscribed soon. ••'• ■'■■■; ?.: