Word: blinkpoort
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Dates: during 1946-1946
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...grew beanstalk-fast from a 3,022-ft.-deep borehole in a cornfield near the dusty little village of Odendaalsrus, southwest of Johannesburg on the Free State's sandy veld. A Canadian engineer, G. W. Hicks, employed by Diamond Tycoon Sir Ernest Oppenheimer's Western Holdings and Blinkpoort companies, brought up the diamond-drilled ore core. It assayed 62.6 oz. of gold to the ton-33 times as rich as the phenomenally prosperous Blyvooruitzicht mine, 120 times better than Canada's best...
...Western Holdings shares jumped from 72 to 105 shillings and Blinkpoort from 32 to 80, one thing seemed sure-the strike would produce no influx of motley adventurers, only a brief land boom for Free State farmers. Established companies hold mineral rights or options on almost all of the fertile grainlands, and there are few surface outcrops. If, as some Canadian and London experts warned that it might, the single borehole assay proved a fluke, thousands of speculators and small investors might see millions in paper profits disappear as fast as a summer shower on the parched Orange Free State...
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