Show GOlD MINES HAS AMPLE FUNDS As a r result fult of tf recent statements published pub pub- lI blatted hed that Alaska Gold Mines company compan lId did not contemplate an any new financing until 1915 1916 the inquiry is made by a stockholder why the thc company contemplated contemplated contemplated plated additional financing This stockholder stockholdEr stock stock- holder says sas that when he purchased his s stock tock he was onas under the Impression that the company compan had finished Its Us The answer to this Inquiry Is as follows The management of or the tho Alaska Gold Mines Unes company compan with funds now in hand I will bring the mine and mill to the point of producing and treating ton tons tona a of at ore per do day and this should yield net profits equal to 2 U per share sharo on shares It Is Intended however howe to make Alaska ka kaa a ton proposition This will in involve In- In volve olve a eT very much larger mill and a large expenditure of new capital for construe construe- tion It I is I therefore not improbable that the directors will decide at the op opportune opportune opportune op- op time to issue ea cay ea bonds hondR com convertible Into stock at 35 This would mean bonds converted an addition ad ad- of ot in n outstanding shares s. s With the enlar enlarged td mill In commission and the mine In shape to supply this enormous tonnage of ore the management management management manage manage- ment contemplates contemplate ultimate net profits of per annum or 1 per ton on tons of ore are |