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Franklin Mining has been working to finish the analysis of the mine in Brazil...its been getting more attention as word has gotten out. Went from .012 yesterday to .0175 today...and still moving! Any comments welcome!
-------------------- "One of these days...Big, Big Money! Posts: 22 | From: Potomac, MD | Registered: Jan 2007
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For the record the mine is in Bolivia. Very unstable........unless the present of the company has ethnic ties there.
Posts: 49 | From: Earth | Registered: May 2006
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Oops! Bolivia is more geographically correct. FMNJ is set to begin retreiving gold, silver & zinc at this point in the process of revitalizing the project there. "Reports provided by COMIBOL on Franklin's assigned veins in the Cerro Rico have indicated yields totaling 36,274,137 Troy ounces of silver; 586,117,434 pounds of Zinc; and 159,518,908 pounds of Tin. When the partnership agreement was originally prepared, Franklin/COMIBOL projected the total value of these five veins to be approximately $2.2 Billion. At Pulacayo Mining Fields FMNJ is also set to begin processing tailings found...yields from these tailings deposits are estimated to total 7,973,507 Troy ounces of Silver and 128,605 Troy ounces of Gold. - 1/23/2007 - (Andrew Austin, FMNJ, Investor Relations) Uh, gold!
-------------------- "One of these days...Big, Big Money! Posts: 22 | From: Potomac, MD | Registered: Jan 2007
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FMNJ has a few very good reasons to have traded over 5.83 million shares today. Average is just over 1.2 million. The ask reached .0225 by midday today...with a projected increase to .058
-------------------- "One of these days...Big, Big Money! Posts: 22 | From: Potomac, MD | Registered: Jan 2007
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FMNJ is still poppin' out with today's open at .02, and now .0225 cents per share. If technicals mean anything and the news from Bolivia is correct, then the raining has stopped, the first sifting machine is on line, and the stock pricing moves. Its just a matter of time b4 the supply/demand for precious metals drives this stock through all previous resistance levels. Last week FMNJ was at .012 and investors were just waiting for news.
-------------------- "One of these days...Big, Big Money! Posts: 22 | From: Potomac, MD | Registered: Jan 2007
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