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WAIHI GOLDMINING CO.

att:;-;;)k of the directors. By Gabl le—Press Association—Copyright Received 2, 11.5 p.m. London, Hay 2. In the Waihi report, the directors emphasise that no ore bodies below the ninth level were ever tested. Nevertheless, though the mine has lost for the present its quality and stability, the directors believe it possesses potentialities that arc enormous. Three hundred and eighty-seven New Zealand shareholders, representing 33,600 shares, are opposed to the transfer of the board to New Zealand. The directors do not believe that the British shareholders, who own 70 per cent, of the shares, desire the control to be given to New Zealanders.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19110503.2.31

Bibliographic details

Taranaki Daily News, Volume LIII, Issue 291, 3 May 1911, Page 5

Word Count
105

WAIHI GOLDMINING CO. Taranaki Daily News, Volume LIII, Issue 291, 3 May 1911, Page 5

WAIHI GOLDMINING CO. Taranaki Daily News, Volume LIII, Issue 291, 3 May 1911, Page 5

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