More than 300 punters laid siege to the Hong Kong Jockey Club headquarters yesterday to protest at what they complained were 'cheap' miniature gold horses given to them as prizes. Last night a group of them reportedly went to a goldsmith to confirm their fears, but tests revealed the horses contained half a tael of gold, making them worth about $1,200 each. Race-goers at the Hong Kong International Race on December 17 were invited to guess which country the winning horse of the Hong Kong Cup came from. Correct entries were placed in a lucky draw. The Jockey Club promised those who gave the correct answer would have the chance to win a miniature horse made of 'pure gold'. Fantastic Light, from the United Arab Emirates, won the $14 million race. Some 1,800 punters received a letter from the club on Friday, saying they could collect the gold horses at the club's headquarters in Happy Valley. But hundreds complained that the horses were not gold. 'It's only made of plastic or alloy. How come such a big organisation can cheat the public in this way?' said punter Lee Ming. Jockey Club spokesman Wilson Cheng Kwok-ming said the claim period would be extended by a few days to allow punters to claim their prizes.