GOLD-MAKING PLAN

Taranaki Daily News, 15 January 1931, Page 3

GOLD-MAKING PLAN

CHRISTCHURCH PROCESS. UNSUCCESSFUL COMPANY. Registered ’ toward the middle of last year, with a fairly large list of objects, Chromadyne, Ltd., has gone into voluntary liquidation. At the time of its registration the principals of the company were some of those who had been associated with the gold-making process developed by an electro-chemist, Mr. G. P. Aston, in Christchurch in 1929. Mr. Aston’s name, however, did not appear as a shareholder in Chromadyne, L,td. The announcement that a gold-making process had been developed caused a good deal of interest in Christchurch toward the end of 1929. There was subsequently a little confusion aS to the exact claims which had been made for the force called “chromadyne,” but it was stated that the transformation of certain chemicals into gold was one of its powers, although it was a rather delicate one, and easily upset. Dr. E. Marsden, of the Department of Scientific and Industrial Research, went to Christchurch to investigate some of the work, but his report on the subject does not seem, to have been given publicity. The syndicate interested, in the process gave no details of its subsequent activities and, as far as the public was concerned, no inore was heard of the subject. The capital of the company set down for registration was £lO,OOO, and one of the objects was “to conduct and carryout scientific investigations and experiments of every description.” During experiments in September, 1929, chromadyne was described in a newspaper as “a new form of energy—a form of electro magnetic force 10 times more powerful than electricity.” Notice of the voluntary liquidation was given in the New Zealand Gazette recently.