| Show GOLD GOl MINES DISCOUNTENANCES j OVE A number numb r of local Investors In aro are be be- F pinning to talk about the future possibilities pot pot- of ot Alaska Ataka Gold Cod Mines market market- cIe I e. e The Te stock has almost trebled Int In t value since It was WS 1 K and engineers 1 who h have been In that northern country appear to have a a. a good go opinion of ot the mine as s a gold producer The management manage manage- r ment meat Is lE credited with frowning down on II boom tactics for tor the tha stock but hut both hoth Eastern Etter Investors and British Columbia people are aro credited with buying up the te stock Block and 50 Is th the price pico DIco which has been fixed for tor th tho Isu oy DY these people In this connection It l In 11 Interesting to note what hat they have hn to sa say In Boston the homo home of ot President Hayden which 1010 follows follow While those outside the official family I. I of ot the Alaska Gold GoM Mines Mine company are aie talking about the phenomenal rise In the th th tock the the rise which has Ms already taken place and Is still to come come It It can cn be le said Bald that tha the tho tho directors director deprecate this thle Irresponsible Irre li boom talk and Bi say eay the advance v Is too rapid I 1 have hav ha f b hi been en n rumors rumor that that de dent i Hoyden and arICI D. D D.- D. D.C. C. C Jackling had agreed td upon a j modification or at lea least t tan an an enlargement of ot the tho company's plans whereby the Initial mill mi capacity would be greater than tons tong of ot ore per day ar No such euch chango change Is contemplated People Peo Peo- pie not familiar with mine development t i f and t the e Ume time it takes lakes even en e working at K 4 top speed to put under underground rund openings t S In shape to supply even en tons a da day Ac tt If talk glibly of ot Alaska Alaska Gold starting pro- pro 1 1 In January at the rate of or rt U tons of ot ore per da day fc Hure are tho the facts In Df December ember the management expects to be able to lo put the first ton 1000 hnit of ot Us Its Is ton lon mill millIn millin mi in commission At intervals of oC thirty add additional units of ot days day It H hopes to lo th the same size until b by July Juh 1915 the F ton mill should be b In operation Thet The Tho t mine by mi that thai time lime should hould be in shape to supply the necessary tonnage I Real profits should then begin to lo accrue accrue accrue ac ac- ac- ac crue at the rate o of 2 32 per share on the tho I shares After a a abc sl Ix month run nm at capacity and a thorough tL test t is given 1 r 4 A to all departments o of the mill mi operation f plans al for tor a ton mill mi will 1 doubtless completed Additional 1000 have ha e been j ton units units' will wi be added as Rbt as the I c underground unis' unis men are arc abI able to put ther the r mine In position to ship this enormous Am amount of ore ore tons a year ear IT I when the tho bl big mill mI is finally completed This takes take time lime and It il should not be bo J expected that even en the speed r records cords I. I t which ep are being made at the Alaska laska property properly can enn bring the mine and mill mm up upi i to a ton lon capacity Inside of or two r years from July Juh 1 I next This will 1 be a aI remarkable achievement ement in Itself Isel It will surprise the company's officials 3 I wl I Xi If ff the ore does not return a yet Jet yield t t after aher al all costs of or better beter t than an 1 per ton |
