LJ35 CREW RECEIVES LOW ALT WARNING DURING MISSED APCH AT ASE.

Narrative

WHILE CONDUCTING THE LOC DME-E APCH INTO ASE; WE WERE TOLD TO EXPECT THE PUBLISHED MISSED DUE TO TFC CIRCLING IN THE VALLEY. WE WERE THEN ADVISED NOT TO BEGIN CIRCLING UNTIL WE REACHED THE MISSED APCH. AT THE MISSED APCH; WE BEGAN A CLBING R TURN TO 14000 FT AND 300 DEG HDG. DURING THE CLB; WE EXPERIENCED A TAILWIND WHICH PUSHED US TO THE FAR W SIDE OF THE LDA (IPKN). WHILE CORRECTING TO THE CTRLINE OF THE LDA; WE WERE GIVEN A LOW ALT ALERT AND TOLD TO CLB TO 16000 FT. WE COMPLIED WITH THIS INSTRUCTION IMMEDIATELY. AFTER ANOTHER APCH AND SUCCESSFUL LNDG AT ASE; MY FO AND I REVIEWED THE MISSED APCH INSTRUCTIONS AND CONCURRED THAT THE TAILWIND AND INCREASE IN AIRSPD DURING THE PWR APPLICATION CAUSED US TO BE ON THE FAR W SIDE OF THE COURSE. WE ALSO NOTICED THAT THE MSA FOR THAT AREA IS 15700 FT. HOWEVER; THE MISSED APCH ONLY ALLOWS A CLB TO 14000 FT. I FEEL IT WOULD BE SAFER TO ALLOW A CLB TO 16000 FT ON THE PUBLISHED MISSED. IN THE CASE OF NAVIGATIONAL FAILURES; THIS WOULD AUTOMATICALLY PUT YOU AT THE MSA.