GREAT GOLD FIND.
[Br Electric Telegraph—Copyright.
; ; (Per Press Association.) Received October 25, at 9.40 p.in
Perth, October 25; Tho dirt 1 from the winze at the bottom level of tho Bullfinch assays up to 400ozs to the ton. The _ country is ■pegged out from the Bullfinch to beyond. the Southern Cross, over .30. miles awav. The values of the property outside the 'Bullfinch, is still purely speculative and only light prospecting work is being done. . The Minister of Mines and other authorities warn tlie people against wild speculation until tlu) field is properly tried. . The Stock Exchange is wildly excited over the Bullfinch find. Anew company was formed this morning for tho block adjoining the Bullfinch. Shares were allocated at ss, and quickly rose to ] Or. Later speculators cooled off, "and tho price dropped to 7s. It is many years since there was such excitement. ■ Received October 26, at 9.55 a.m. Perth, October 26. Tho ofTer of half a million- cash for a-twelve flours' option over the Bullfinch mine was made 011. behalf or a Victorian syndicate and declined. . Another rich find has been reported from Binduli, five miles from Kalgoorlie. Details are meagre, but a rush has started.
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https://paperspast.natlib.govt.nz/newspapers/OAM19101026.2.38
Bibliographic details
Oamaru Mail, Volume XXXVIII, Issue 10595, 26 October 1910, Page 4
Word Count
199GREAT GOLD FIND. Oamaru Mail, Volume XXXVIII, Issue 10595, 26 October 1910, Page 4
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