We Told You So !

ON page 14 of the April, 1942, we directed the attention of readers to the then current quotations of Pacific Island gold-mining shares. Be cause of the Japanese invasion, shares had slumped. We set current prices against the quotations current one month before Pearl Harbour; and we suggested that any man who liked a gamble should not miss this chance.

This was our argument: If the Japanese were defeated —as we were certain they would be—those gold shares would re cover their value. If the Japanese were victorious, we were sunk anyway, so it would not matter if the money put into this* speculation were lost.

Hereunder are the shares we then quoted (3 h years ago). In the first two columns we repeat the quotations as we then published them. In the third column we give the quotation current last month.

One thousand pounds, judiciously in vested in Islands shares in those black days, would by now amount to between £3,000 and £4,000.

Nov. 15, Apr. 16, Aug., 1941. 1942. 1945.

Bulolo G.D 93/- 22/- 108/- Cuthbert’s .. ... 13/7 3/3 15/3 Guinea Gold . .. 10/6 4/- 10/11 Loloma 21/10 12/3 19/6 Mt. Kasi (Fiji) .. 2/1 /9 1/9 N.G. Goldfields .. 1/6 /8 3/4 Placer 62/9 32/6 80/- Sandy Creek .. 1/3 /6 1/6 Sunshine 9/- 2/6 7/6