Show NEW MEN METHOD OF MINE MIME STOCK FlOTATION IS ISI I DISCOVERED A great many people are deploring the condition of ot the local stock market and many have attributed existing conditions conditions conditions con con- to the various methods that have been employed in stock flotation schemes All appear to agree that too many new propositions have been placed on this market but here Is a anew anew anew new stock flotation scheme printed Inthe in inthe inthe the Mining which should prove interesting just at this timeA time time- A A new method of ot flotation has evidently evidently evi evi- dently been discovered but but- butof of a a. destructive destructive destructive de de- de- de rather than a constructive na nature nature nature na- na ture as are pneumatic and oil flotation This was noted in the prospectus of a recently formed company in Canada the Rognon Gold Mines Ltd The company Is capitalized at par 1 The promoters and vendors of the property have received shares Of the shares of treasury treasury treasury treas treas- ury stock left lett are now being offered the public at par 1 or in other othel words is going to be used for development A company form formed in May 1916 is handling the stock of this company The promoters have realized that offering the public only 1 for every 20 they receive is not much of a drawing card The public should be satisfied with the percentage of the profits which they receive and which the promoters consider fabulously large but the promoters are kind to their investors so give the investors in their stock a guarantee They will refund their money to them at the end of fifteen years if it is not paid in dividends This will probably be done clone by selling the public another shares of the promoters' promoters shares or else the shares will simply be deposited with the trust company as security In short the promoters will be out nothing but a big bluff on their guar guar- antee Of course the trust company may fail fall at any time and not be able to pay its guarantees but that is not brought to the mind of What relation exists between the mIning mining min mm- ing company the trust company the security company promoters vendors and other probable companies recently formed for benefit therein is something something something some some- thing considered as absolutely Unnecessary un unnecessary unnecessary un- un necessary for for forthe the public to know of At least he would probably have a I good time trying to break this flotation flotation flotation flota flota- tion bubble and see what was in inside ide I |