LAOS. PARIS. Action Ordinaire de F100. olive, grey. #100000. No 74038. Formed in 1923 as the Soc. des Mines de Cuivre du Haut-Mékong, it held permits to explore for copper northeast of Luang Prabang. It did not pursue these, but in 1929 explored gold deposits at Hat Sah, on the banks of the river Mekong, west of Luang Prabang. It discovered interesting veins of gold, and placer deposits in the Mekong and other river valleys. It was hoped to dredge in the Mekong. The company's ideas would be costly to realise, and, before they were really developed, the company became bankrupt in 1937. Its sister company, the Mines de Thakhek, did virtually no mining, and was dissolved in 1936. Attractive design, with corner vignettes and large underprint of three elephants under an umbrella.
Themes: GOLD & SILVER MINING, MINING
Startprice: € 30