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Re: NYBob post# 10

Wednesday, 08/30/2006 4:04:39 PM

Wednesday, August 30, 2006 4:04:39 PM

Post# of 85
Franklin Mine NEWS Cerro Rico Silver 33 Mil. Ounces -
Fourth Vein Shows Potential Silver Reserves -
Ag Over 11 Million Silver Ounces -
Repeat FMNJ N/R -




Franklin Mining Announces Cerro Rico Holds Over 33 Million -
Ounces of Silver, Fourth Vein Shows Potential Reserves -
of Over 11 Million -
Tuesday August 1, 7:30 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 1, 2006 --

Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News) -
is pleased to announce today the significant value estimated -
by the COMIBOL reports on the Cerro Rico Mine reserves.

It is believed to hold over 33 million ounces of silver.

San Pedro Cerro Rico Mine -
(the fourth vein) reserves are projected to be over
11 million ounces of silver.

The results were provided by the combined reports from
COMIBOL (Bolivia's national mining company).

According to the COMIBOL prospective reserve reports -
San Pedro is believed to contain approximately -
11,937,569 tons of ore -
208,320 kilos of silver -
and 62,496 metric tons of zinc -
roughly 7,346,196 ounces of silver -
and 137,741,184 pounds of zinc.

This partnership encompasses the four veins of -
the famous Cerro Rico de Potosi Mine -
(San Miguel, San Pedro, Mesapata and Alkco Barreno).

The Cerro Rico Mine -
(located southeast of the city of Potosi, Bolivia) -
under COMIBOL's ownership, is considered -
the world's largest silver deposit -
and one of the most popular tourist attractions in Bolivia.

The four veins are projected to hold over
5.5 million metric tons of ore.

The combined estimated reserves are about -
938,130 kgs of Silver -
250,004 tons of zinc
and over 72,377 tons of tin -
yielding approximately 33,018,564 ounces of silver -
550,784,040 lbs of zinc -
and 159,518,908 lbs of tin.

"The Cerro Rico history's most fabulous silver strike -
changed Bolivia's social fabric 450 years ago.

Now, thanks to modern mining, it may do so again.

Legend has it that enough metal was extracted -
from the deposit to build a bridge of silver -
from South America to Europe.

'It is an impressive amount of mineral wealth,'
Roland Jordan Pozo, secretary general of Bolivia's
association of medium-sized miners, said.

'Industry officials say the deposit could vault -
Bolivia back into the vanguard of global silver production.'"

http://www.latinamericanstudies.org/bolivia/silver.htm

Metal prices today show silver at $ 11.38 USD per ounce -
tin at $3.78 USD per ounce -
and zinc at $ 1.52 per lb USD.

Franklin Mining, Bolivia S.A. -
(a Bolivian corporation)
is a subsidiary company of Franklin Mining, Inc.

COMIBOL is Bolivia's state-owned mining company.


For additional information on Franklin Mining, Inc,
please visit our web site,
http://www.franklinmining.com.

To receive Franklin Mining news by e-mail -
please send contact information to -
info@franklinmining.com.

"Safe Harbor" statement under the Private Securities
Litigation
Reform Act of 1995: This press release contains
forward-looking statements that are subject to risk and
uncertainties, incl. --- --in Franklin Mining, Inc.'s filings
with the Securities and Exchange Commission. These risks could
cause Franklin Mining Inc.'s actual results to differ
materially from those expressed in any forward-looking
statements made by, or on behalf of, Franklin Mining Inc.

Additional information on company operations is found at our
website -
http://www.franklinmining.com/.

Contact:
Franklin Mining, Inc.
Andrew Austin
702-386-5379
info@franklinmining.com

Source: Franklin Mining, Inc.

http://biz.yahoo.com/iw/060801/0149405.html

Cerro Rico Silver Mines in Potosi -


Franklin Mining - FMNJ -

1. Franklin Mining - FMNJ -
2. Coeur d' Alene Mines Corporation - CDE &
3. Apex Silver Mines Corporation - SIL -
- Great Missions -
- Potosi, Bolivia -

Apex Silver Mines Limited - SIL -

SIL - Flagship asset is the San Cristobal -
silver-zinc-lead project -
located in the Potosi district -
of southwestern Bolivia.

http://www.apexsilver.com/social_commitment.html


Apex Silver Mines Corporation - SIL -

Note. Apex Silver Mine - SIL -
has no production -
no earnings yet -
the SIL is market valued -
by the mineral res. in the hardrock ore res. -
and the probability estimation -
of future SIL earnings? -

I do appreciate - SIL project mission -
in Potosi, Bolivia and
I am a very - proud FMNJ, SIL, CDE shareholder -
http://www.investorshub.com/boards/board.asp?board_id=5810


Coeur d' Alene Mines Corporation -

Silver Companies > Market cap's (updated?) -

SIL - Apex Silver Mines Ltd. = $905.33 MILLION

http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=4079&qm_symbol=sil
http://www.investorshub.com/boards/board.asp?board_id=5810

CDE - Coeur d'Alene Mines Corp = $1.47 BILLION -
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=35188&qm_symbol=cde
http://www.investorshub.com/boards/board.asp?board_id=5237

FMNJ - Franklin Mining, Inc. = $45 MILLION?
http://www.investorshub.com/boards/board.asp?board_id=2957
http://www.investorshub.com/boards/board.asp?board_id=5406

vs. compare to -

ECU - ECU Silver = $488 MILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu
http://www.investorshub.com/boards/board.asp?board_id=6098

HL - Hecla Mining Co = $681.71 MILLION
http://www.investorshub.com/boards/quotes.asp?ticker=cde&qm_page=64251&qm_symbol=hl
http://www.investorshub.com/boards/board.asp?board_id=6097

SLW - Silver Wheatonfiltered= $2.06 BILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=98063&qm_symbol=slw
http://www.investorshub.com/boards/board.asp?board_id=4338

SSRI - Silver Standard Resources Inc. = $1.16 BILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=17190&qm_symbol=ssri
http://www.investorshub.com/boards/board.asp?board_id=6095

PAAS - Pan American Silver Corp. = $1.59 BILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=63958&qm_symbol=paas
http://www.investorshub.com/boards/board.asp?board_id=4490

UNCN - Unico Inc. = Less than $2.70 MILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=56047&qm_symbol=uncn
http://www.investorshub.com/boards/board.asp?board_id=177
Including - The Silver Bell Mine -
The Deer Trail Mines -
The Bromide Mines -

http://www.investorshub.com/boards/board.asp?board_id=5406

Note. if You have more updated info -
Silver comp. market cap. please, don't
hesitate to let us know -
tia.

During the 16th century the Spanish Crown extracted -
so much Silver from the mines of Potosi, Bolivia -
that a bridge could be built with it connecting -
Potosi all the way to Spain.

The streets were also said to be paved with Silver -
and aristocrats lived it up in Potosi almost -
as much as Luis did in Versailles -

Potosi in the 16th century was - the gem of all gems -
not only was it the richest city in the new world -
it was also the highest - with an altitude of
around 15,000 feet -

Potosi was to the Spanish a high-flying -
decadent heaven - a Silver and white crown of glory -
this was the pretty side of the coin -

Unfortunately, in order to extract the tons of Silver -
from the mountainside at Potosi -
the Spanish - "employed" rather reluctant native peoples -
and African slaves to do the work for them -

the terms of employment were quite grim -
once a man entered the mine - he worked -
slept, ate, and often times died in the mine -
after a period of 2-3 months -

the 16th century came and went, as we know -

Potosi - the hard truth of the matter is that -
the conditions -
under which modern day (many children) miners -
operate much the same as they were -
hundreds of years ago.

Potosi - is now among the poorest cities in Bolivia -

Bolivia - itself is the poorest nation in South America -

Gone are the days when the streets of Potosi -
were paved with - Silver.

The Cerro Rico Silver Mine - however -
still remains very active -

It towers over the already elevated Potosi city -
a mountain that has been so gouged out over -
the centuries but its still resembles a crown top -
of more than 30000' of -
the Cerro Rico Silver mountain -
treasures below - still not mined -

the skies above are thin and blue -
the air surprisingly transparent -

Potosi is a labyrinth of varying degrees of white -
and gray Spanish colonial style buildings -
its streets are narrow and curvy -
and so steep that most people constantly lose -
and become breathless while walking anywhere -

Potosi city - has many fiat money poor people -
but extremely rich Holy Spirit people -
full of life -


Potosi - boys often born into mining families -
many started to work in the mines as an "apprentice"
when about ten years old -

the life of a miner is brutally hard, dirty -
and short, but with most miners its carried with -
it a sense of deep-seated pride -



there are not that much else to do in Potosi -
but become a miner -

for many families there was only one choice -
mining or unemployment -


once a boy has been an apprentice miner for -
maybe 5-10 years, he is allowed to operate -
his own section of the mine -
a status that is well sought after -

a large percentage of the earnings -
of an apprentice goes to the mining company -
and then to the more senior miner -
supervising the apprentice -

the apprentice children gets the scanty leftovers -

many has started as a miner at the age of ten -
and some worked in the mines for more than ten years -
and has survived -

CDE, FMNJ & SIL - Cerro Rico, Potosi - Mission -

http://www.investorshub.com/boards/quotes.asp?ticker=fmnj&qm_page=12679&qm_symbol=FMNJ

http://www.investorshub.com/boards/board.asp?board_id=5406

Ps. I am a proud CDE, SIL & FMNJ LT Shareholder -
Thanks for your participations in -
the FMNJ, CDE & SIL - Mission -

history repeat itself -




Do not let any volatility shake You out -
the more volatility the higher it will go -

the new trend waves will often be -
Fibonacci - 162% of the previous correction -


when the weak hands exhaust themselves -
we'll see the next waves up -


U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt -
as of Jun 2006:



Unless the United States gets all of its economic
house in order ? -

Gold will become the basic real money again -
(which Gold has been for 1000's of years)
and national currencies will only be money -
if backed by - Gold.

With the exception only of the periods of -

- The Great Gold Standard -

practically all governments of history -

have used their exclusive power to issue fiat money -

to defraud with totalitarian bureaucratic powers -
rob, plunder and to make slaves -
of most the people -





http://www.goldrush21.com/

http://www.usaidbolivia.org.bo/

FMNJ - got the worlds richest Silver Mine -
You finding more FMNJ info on the link below -
http://www.investorshub.com/boards/board.asp?board_id=5406

http://news.bbc.co.uk/2/hi/business/5115920.stm

Always make sure to do your own
DD -- don't listen to my dd ---
http://www.franklinmining.com/Home/tabid/1215/Default.aspx
Imo. Thanks
for your participations -
Brgds
Bob
In God We Trust




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