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I agree with you.....eventhough I´ll be the last soldier to leave this battlefield! Perhaps I´ve been naive.....but its too late now! I´m all in! :(
Retro..there is no way left for some one to come out supporting FMNJ management in such a situation. It is just like supporting a commander who has repeatedly retreated in sequence during the last one and a half year. Investors are like soldiers following the commander, in this case CEO/BOD.
The present anxiety or negativity among the posters is understandable. FMNJ has turned silent several time about the ongoing project before announcing that it was not an economical. I hope they will not repeat the history of Pulcayo here. You see todays PR's content and timing. When you are not in tune with the sentiment of investors it generate a sense that management is naive.
Voz.....Concerning myself.....I kept quiet in order not to get into a dog fight with Tony! I´m just sick of these posts! Our FMNJ board is the most hillarious board on the Ihub......where the shareholders bash their investment to death! Or perhaps they are in the know and want cheapies? LOL
Really hillarious!
"....the problem is I know from a source that they are actually producing....." Hopefully it is not an attempt to pump. Just joking...
It is what we all are waiting to hear from them. That is completely dumb to keep silent on this. The only reason to remain silent can be negative result after preprocessing the ore. They know after mining, the next question will be about yield per ton.
....or they are waiting for favorable environment to release that news. I understand that they need to release couple of good news to support PPS rise otherwise traders will bring it down soon after the 1st positive news.
Unfortunately I have to agree with you.....the problem is I know from a source that they are actually producing.....and that´s what I can´t understand!!!!!! Why in the name of god aren´t they PR-ing that they are digging???????? It would work wonders if they just say the 3 magic words "WE ARE MINING"! I don´t get it either........I hope that they have a reason for that, cause watching the bloody PPS go south doesn´t make me feel like its Christmas time!!!!!
It seems as if nothing is working. I was thinking that Bill will make some real progress on the ground this time. But he has left Bolivia without any real progress report except a routine ambiguous PR.
How can you support the management in such a situation? Every body was waiting to see that tiny 260 tons of ore to be processed and see the result to make sure that things are moving forward. Instead we are facing a wall of silence that only helped to increase anxiety.
They should come clean and say that since they do not have any financing therefore they are not able to do anything. That way there will be no fear of unknown.
Hi Voz! I agree with you and I am heavily disappointed with the management at the moment! We do need an update on the Escala mine this week or the next! This sh*t ain´t funny......
Bob! honestly I am getting desperate about things with FMNJ. I have started to think that this company will not do anything until they get financing from any where. There is fear that they will abandon Escala too. Once that last ray of hope is gone we will be 100% in red.
I pity on them that they have been unable to convince any body about the viability of their project.
I will add more here that we should not attempt to pump this stock at this stage to prevent any other innocent investor get sucked into it. That will be crime until such time company show some progress. Whether Silver goes to moon, it will be useless for us whose life savings are tied up with this company. JIMHO
How do you think this will affect silver prices??
http://economictimes.indiatimes.com/Commodities/China_opens_up_silver_import_trade/articleshow/25829...
China opens up silver import trade
30 Nov, 2007, 0018 hrs IST, REUTERS
BEIJING: China has liberalised its silver import trade, ending a requirement of central bank approval for importers, although analysts said inflows were unlikely to rise sharply in the near term due to high global prices.
The People’s Bank of China and China’s Customs said in a brief statement on the bank’s web site on Thursday that they had abolished a regulation limiting silver imports to companies approved by the bank.
“We do not foresee any impact. China imports very small amounts of silver, particularly now that international silver prices are higher,” said one silver trader.
Official customs figures showed China imported about 4,707 tonne of silver in the first 10 months of the year, almost all of it on a tolling basis in which buyers import the metal and re-export products.
Silver prices this month hit their highest since January 1981 and were at $14.45/14.51 an ounce on Thursday, about 10% above domestic prices.
Coeur Strengthens Management Team in South America and Alaska
Monday October 22, 8:55 am ET
San Bartolome and Kensington Growth Projects Prepare
for Operations and Production
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--
Coeur d’Alene Mines Corporation
(NYSE:CDE - News) (TSX:CDM - News) today announced
the appointment of key personnel at its growth projects,
San Bartolomé, Bolivia silver mine and
Kensington, Alaska gold mine.
Both mines are progressing toward the operations and
production phase of development.
“We are very pleased to announce that our
San Bartolomé silver mine
and Kensington gold mine have almost completed
construction and are moving toward the operations
and production phase,” said Dennis E. Wheeler,
Chairman, President and Chief Executive Officer.
“In tandem with this, Coeur has significantly strengthened
its operations management team to secure the company’s
position as it moves to its next level of strategic growth.
Production at San Bartolomé remains on schedule
to begin producing nine million ounces of silver annually,
beginning in February.
Additionally, construction at Kensington is over 90%
complete and the process plant and ancillary construction
activities, including pre-operational testing,
are fully complete.”
San Bartolomé, Bolivia
At San Bartolomé, Rick Irvine has been appointed
General Manager for the mine in Potosi, Bolivia.
Rick recently joined Coeur and Empresa Minera Manquiri,
Coeur’s Bolivian subsidiary.
He has 17 years of mining experience in Canada,
Argentina, Chile, Honduras, Nicaragua, as well as Bolivia.
Rick was most recently Operations Manager at
the Manantial Espejo development project in Argentina.
He was also previously Vice President and Chief Operating
Officer of Apogee Minerals.
As San Bartolomé moves toward its expected
February 2008 startup, over 1,600 personnel on site at
the project have surpassed 2 million man hours without
a lost time accident.
All major construction contracts have been awarded for
the project, with engineering 100% complete, and
procurement of equipment and materials 98% complete.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24989899
San Bartolome has become a very promising silver development
project in one of the world’s most -
prolific silver-producing regions -
The San Bartolome property is located on the flanks of
Cerro Rico mountain near Potosi,
a historic mining center located in southern Bolivia.
Since its discovery in 1545, this world class mining district
has produced an estimated 2 billion ounces of silver.
Coeur has made considerable progress at its
San Bartolome silver project in the historic
Cerro Rico silver district near the town of Potosi, Bolivia.
Based on a comprehensive pre-feasibility study and subsequent
geological work, Coeur initially calculated a silver
resource of 122 million contained ounces, of
which 93 percent was classified as measured and indicated.
This has since been increased to 126.6 million contained ounces.
The pre-feasibility study also demonstrated San Bartolome
to be an economically viable mining project at a $5.00 per
ounce silver price.
This was based on an annual production rate of six million
ounces of silver for a minimum of eight years, projected
total cash costs of $3.50 per ounce and an estimated
capital cost n the early stage of between $60 million
and $65 million,
including working capital requirements.
Results from the pre-feasibility study were very encouraging
and the Company elected to proceed to a final feasibility
study with all data to be rigorously reviewed by independent
third party geological and engineering consulting firms.
Coeur’s wholly-owned Bolivian subsidiary,
Empresa Minera Manquiri, S.A.,
was awarded a grant of $760,000 by the U.S.
Trade and Development Agency to assist with the
study`s completion.
In addition to commencing work on a final feasibility
study, Coeur has made excellent progress on a number
of other initiatives which should enhance project economics:
Acquired additional exploration and mining rights adjacent
to the Company`s San Bartolome project that are known
to contain significantly higher grade material
Secured special tax incentives available to
the Potosi region of Bolivia,
particularly lower value-added taxes and import duties
that could reduce project working capital requirements
by as much as $6 million.
Signed water supply and electric power agreements
at very competitive rates, well below projections
in the pre-feasibility study.
Completed a detailed study of a number of process flow
sheet improvements, including an alternative tailings
disposal plan, that collectively will reduce
capital requirements.
ESTIMATED RESOURCE: 126.6 MILLION CONTAINED OUNCES.
Although the final feasibility study will not be
completed until later in 2002, preliminary indications
are that projected total cash costs can be reduced
to at least $3.25 per ounce of silver and possibly
lower and that the project is economically attractive
at silver prices as low as $4.50 per ounce.
Furthermore, the Company has received some very
favorable metallurgical data on the possible economic
recovery of tin as a by-product and is currently
examining this opportunity to increase the economic
returns of the project.
When Coeur first acquired the San Bartolome silver project
late in 1999, it was little more than an exploration property.
As a result of the dedicated efforts of the Company`s
geologists and engineers,
San Bartolome has become a very promising silver development
project in one of the world’s most -
prolific silver-producing regions.
PROJECT OPTIMIZATION OPPORTUNITIES
• Acquired additional exploration and mining rights
• Secured special tax incentives available to the Potosi region
• Signed water supply and electric power agreements at very competitive rates
• Completed a detailed study of a number of process flow sheet improvements .
All facets of the project are currently being evaluated.
San Bartolome’s silver mineralization is contained in
gravel-like channel deposits on the sides of
Cerro Rico mountain called “sucus” and “pallacos.”
The latest sampling program revealed some of these deposits
to be up to 30 per cent thicker than initial testing
had indicated.
In addition, not all of the deposits at San Bartolome
have been examined in detail and further exploration
could result in additions to the present resource.
Coeur is very pleased with results to date of its activities
in Bolivia and is in the process of examining
other opportunities in the country which could build
upon the value of San Bartolome’s silver resource.
A break of resistance at 15.13/15.14 will do -
to return a better measure of confidence to
the underlying bull uptrend -
http://www.coeur.com/dev_sanbartolome.html
I think the San Barto project -
wlll open up the rich Cerro Rico -
veins from the side -
and to open up a good incline -
wide for trucks to drive up and down? -
to ventilate the Golden oldies workings? -
CDE - old workings - soon to be bigger -
http://www.coeur.com/dev_sanbartolome.html#
FMNJ Silver LT building a strong bull flag -
Ag - soon to new beakout? -
The largest Silver producer in the world -
CDE is contructing a nice new production plant at -
the border to -
FMNJ Cerro Rico mine property -
Total proven and probable reserves of more that 150 million
ounces of silver are contained in surface gravel deposits,
or pallacos, which lend themselves to simple,
low-tech surface-mining techniques. Of the several
pallaco deposits which are controlled by Coeur and
surround Cerro Rico mountain, three are of primary
importance and are known as Huacajchi, Diablo
(consisting of Diablo Norte, and Diablo Este)
and Santa Rita.
The facilities will be located near established industrial
infrastructure in the historically silver-rich area of
Potosí, Bolivia, where more than two billion ounces of silver
have been mined.
The building of the new mine is expected to generate as
many as 1,000 local jobs during construction,
and approximately 200 full-time jobs during operations.
The project will also establish a foundation, called
Fundespo, to assist in the development of new local
industries, such as silversmithing and tourism.
http://www.coeur.com/dev_sanbartolome.html
CDE is a very neighbour to FMNJ -
Cerro Rico Slver Mine project -
Imo. Tia.
God Bless America
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24843676
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Silver has slipped back a bit after failing
to clear 15.00 -
A break of resistance at 15.13/15.14 will do -
to return a better measure of confidence to
the underlying bull uptrend -
http://www.coeur.com/dev_sanbartolome.html
I think the San Barto project -
wlll open up the rich Cerro Rico -
veins from the side -
and to open up a good incline -
wide for trucks to drive up and down? -
to ventilate the Golden oldies workings? -
CDE - old workings - soon to be bigger -
http://www.coeur.com/dev_sanbartolome.html#
FMNJ Silver LT building a strong bull flag -
Ag - soon to new beakout? -
The largest Silver producer in the world -
CDE is contructing a nice new production plant at -
the border to -
FMNJ Cerro Rico mine property -
Total proven and probable reserves of more that 150 million
ounces of silver are contained in surface gravel deposits,
or pallacos, which lend themselves to simple,
low-tech surface-mining techniques. Of the several
pallaco deposits which are controlled by Coeur and
surround Cerro Rico mountain, three are of primary
importance and are known as Huacajchi, Diablo
(consisting of Diablo Norte, and Diablo Este)
and Santa Rita.
The facilities will be located near established industrial
infrastructure in the historically silver-rich area of
Potosí, Bolivia, where more than two billion ounces of silver
have been mined.
The building of the new mine is expected to generate as
many as 1,000 local jobs during construction,
and approximately 200 full-time jobs during operations.
The project will also establish a foundation, called
Fundespo, to assist in the development of new local
industries, such as silversmithing and tourism.
http://www.coeur.com/dev_sanbartolome.html
CDE is a very neighbour to FMNJ -
Cerro Rico Slver Mine project -
Imo. Tia.
God Bless America
http://investorshub.advfn.com/boards/board.asp?board_id=5406
The largest Silver producer in the world -
CDE is contructing a nice new production plant at -
the border to -
FMNJ Cerro Rico mine property -
Total proven and probable reserves of more that 150 million
ounces of silver are contained in surface gravel deposits,
or pallacos, which lend themselves to simple,
low-tech surface-mining techniques. Of the several
pallaco deposits which are controlled by Coeur and
surround Cerro Rico mountain, three are of primary
importance and are known as Huacajchi, Diablo
(consisting of Diablo Norte, and Diablo Este)
and Santa Rita.
The facilities will be located near established industrial
infrastructure in the historically silver-rich area of
Potosí, Bolivia, where more than two billion ounces of silver
have been mined.
The building of the new mine is expected to generate as
many as 1,000 local jobs during construction,
and approximately 200 full-time jobs during operations.
The project will also establish a foundation, called
Fundespo, to assist in the development of new local
industries, such as silversmithing and tourism.
http://www.coeur.com/dev_sanbartolome.html
CDE is a very neighbour to FMNJ -
Cerro Rico Slver Mine project -
Imo. Tia.
God Bless America
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Attack on Liberty Dollar also seized metal dies in Idaho
Submitted by cpowell on Fri, 2007-11-16 17:55.
Section: Daily Dispatches
FBI Raids Seize Dies, Records in Coeur d'Alene
By Bill Morlin
Spokane (Washington) Spokesman-Review
Friday, November 16, 2007
http://www.spokesmanreview.com/breaking/story.asp?ID=12398
As part of a nationwide investigation, FBI agents raided three Coeur d'Alene, Idaho, business locations on Thursday, seizing records and dies used to make the so-called silver "Liberty Dollar" sold throughout the United States by anti-government patriot groups.
The Coeur d'Alene raids coincided with similar raids by FBI and U.S. Secret Service agents on Thursday at the Evansville, Ind., headquarters of organization called NORFED -- the National Organization for the Repeal of the Federal Reserve Act & Internal Revenue Code.
For a decade the organization, led by a self-described "monetary architect" and harsh critic of the Federal Reserve System, has pumped out an estimated $20 million its own currency, reportedly backed by silver coins minted and stored in Coeur d'Alene. The raids Thursday are the first head-on federal challenge to that operation.
Since 1998 the NORFED silver coins were manufactured at Sunshine Minting, a private Coeur d'Alene business which makes a variety of precious metal products. The silver coins backed up paper currently in $1, $5, and $10 denominations marketed by NORFED.
The organization was about to begin selling and distributing "Ron Paul" dollars, supporting the candidacy of the Republican congressman from Texas who's seeking the GOP nomination for president. He previously ran for president as a Libertarian.
Dies used to produce the coins reportedly were seized at the Coeur d'Alene minting company and accounting records were seized with warrants served at two Coeur d'Alene accounting firms, according to law enforcement sources.
"They took a lot of stuff out of there," one source said of the serving of a federal search warrant at Sunshine Minting, located at 750 W. Canfield, not far from the Kootenai County Sheriff's Office.
Officials with the sheriff's office were unaware of the raids. Federal authorities in Idaho referred inquiries to the U.S. Attorney's Office in the Western District of North Carolina, where the federal investigation apparently is being spearheaded. Those officials couldn't be reached Thursday afternoon.
The raids were confirmed by three other sources who asked not to be identified.
Tom Power, the current owner of Sunshine Minting, did not return telephone calls Thursday, but other employees said he was at the company located at 750 W. Canfield, north of Coeur d'Alene, shortly after federal search warrants were used to confiscated various items.
The Coeur d'Alene company was producing the Liberty Dollars under a contract with Bernard von NotHaus, a self-described "monetary architect" and critic of the Federal Reserve System who started NORFED while he lived in Hawaii in the late 1990s. His organization had tax-exempt, nonprofit status.
"We never refer to the American Liberty as a coin," von NotHaus told The Spokesman-Review in 1999. "The word 'coin' is a government-controlled term. This is currency that is free from government control."
"When the people own the money, they control the government," he said. "When the government owns the money, it controls the people."
Since then his anti-government coin-producing operation reportedly has put $20 million of its "Liberty Dollars" in circulation. They can be used at merchants willing to accept them as legal tender or so-called "redemption centers" located in most states.
A man claiming to be von NotHaus posted notice of the federal raids Thursday on the Internet.
"I sincerely regret to inform you that about 8 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville," the posting said.
"For approximately six hours they took all the gold, all the silver, all the platinum, and almost two tons of Ron Paul Dollars that were just delivered last Friday. They also took all the files and computers and froze our bank accounts," the statement said.
It asked purchasers with pending orders to be patient.
"We have no money. We have no products. We have no records to even know what was ordered or what you are owed. We have nothing but the will to push forward and overcome this massive assault on our liberty and our right to have real money as defined by the U.S. Constitution," it said.
"We should not be defrauded by the fake government money," according to the statement.
The United States Mint recently issued a statement saying "prosecutors with the Department of Justice have determined that the use of these gold and silver NORFED 'Liberty Dollar' medallions as circulating money is a federal crime."
"Consumers who are considering the purchase or use of these items should be aware that they are not genuine United States Mint bullion coins and they are not legal tender," the U.S. Mint statement said.
In a 1999 interview with The Spokesman-Review, von NotHaus claimed his money was not only legal, but much-needed competition for the government. At the time, Federal Reserve and House Banking Committee officials collectively scratched their heads when asked if von NotHaus' coin business was illegal.
"We're going to be to the Federal Reserve System what Federal Express was to the Postal Service,'" the "monetary architect" told the newspaper.
At the time, von NotHaus owned the Royal Hawaiian Mint, which had contracts with Sunshine Minting Co. in Coeur d'Alene to manufacture the American Liberty silver coins.
Von NotHaus said his paper currency -- in $1, $5, and $10 denominations -- was backed with equal amounts of the $10 coins, stored in a vault in Coeur d'Alene.
Audits of the silver in the vault were done by an unidentified Coeur d'Alene accounting firm and are posted on NORFED's extensive Web site ( www.norfed.org), according to a 1999 news story published in The Spokesman-Review.
* * *
U.S. Raids Issuer of Ron Paul Coins
By Joseph Goldstein
New York Sun
Friday, November 16, 2007
http://www.nysun.com/article/66542
Federal agents, in a move that could have an impact on the presidential race, raided the Indiana office of the issuer of a private currency known as the Liberty Dollar -- and seized tens of thousands of coins bearing the likeness of a presidential candidate, Rep. Ron Paul.
Overall, agents on Wednesday hauled away more than 2 tons of copper coins and 500 pounds of silver coins, as well as records and computers, the founder of the currency system, Bernard von NotHaus, told The Sun by phone from Miami. Although not present in Evansville, Ind., for the raid, Mr. von NotHaus said he has been told that the government agents left business cards from the FBI and Secret Service. Neither agency would confirm or deny the raid when contacted by the Sun.
The raid has the potential to alter the campaign of Mr. Paul, the Republican candidate of Texas whose visage appears on the more than 50,000 seized copper coins, as well as on lesser amounts of gold and silver coins. Mr. Paul is basing his presidential campaign in part on the argument that the federal government has been debasing the dollar.
Mr. von NotHaus, a supporter of the presidential candidate, said he put Mr. Paul's image on the dollars to raise attention for the candidate. An eclectic nationwide crew of libertarians and coin enthusiasts exchange the coins.
"I thought, 'What can I do for him?'" Mr. von NotHaus said. "I'll do a dollar. It's 1 ounce of pure copper."
Yesterday, at the strip mall where Mr. von NotHaus's operation is housed, nearly a dozen Paul supporters carried campaign signs in an apparent protest, a television reporter for the local NBC affiliate, Brandon Bartlett, told The Sun. A spokesman for Mr. Paul's campaign, Jesse Benton, said the campaign wasn't "really paying that much attention" to the raid. "We don't have any official association" to the currency, he added.
The reason behind the raid is unclear. The Justice Department's position, according to a year-old consumer alert on the Web site of the U.S. Mint, is that using Liberty Dollars "as circulating money is a federal crime." Mint officials said the Liberty Dollar looks similar to legal tender, with inscriptions that say, "Trust in God" and "USA."
It's not clear, however, what the Justice Department's view is on the legality of possessing the coins for novelty or as protection against the declining value of government notes.
Mr. von NotHaus said he suspects the raid is in response to "the competition" his currency poses to the U.S. Mint. His Liberty Dollars, whose value is the price of the coin's metal, have proven a better investment in recent years than government-issued notes, whose value has plummeted in relation to the price of gold.
"This is an example of Bernanke trying to protect his own nest because he knows it's got holes in it," Mr. von NotHaus said, referring to Ben Bernanke, the chairman of the Federal Reserve. "He can't have something like the Liberty Dollar running around competing with his currency. It points out the fallacy of the fiat monetary system. They had to do something. Their currency is losing and we're going to the moon."
Even into this century, long after government notes replaced the private notes of banks, private currency has long been a cause of certain influential figures, such as the economist Friedrich Hayek, a Nobel laureate who died in 1992.
So far, about $20 million worth of gold, silver, and copper Liberty Dollars and the accompanying certificates are circulating, Mr. von NotHaus said. Residents of Evansville say Liberty Dollars aren't often seen locally.
But there is a national following, which includes some members of the Manhattan Libertarian Party. One member who had a hand in founding the currency, Nicolas Leobold, told The Sun last year that he's spent the Liberty Dollar at several New York locations, including a Gray's Papaya, a bodega near Grand Central Terminal, and a Dunkin' Donuts outlet.
With the Liberty Dollar, Mr. von NotHaus seeks to reintroduce the kind of economic debate that Mr. Paul has been nursing for years. When Mr. Paul was a member of the United States Gold Commission, he wrote, with Lewis Lehrman, a famous dissenting opinion in favor of the restoration of a role for gold in the U.S. monetary system. The bearer certificates issued with silver Liberty Dollars say that using the coinage is an exercise of "the bearer's First Amendment right to petition the government for a silver-based currency," Mr. von NotHaus said.
Mr. von NotHaus said the raid lasted six hours beginning at 8 a.m. and involved about a dozen agents from the Secret Service and FBI. The local U.S. attorney's office referred all calls to the U.S. attorney for the western district of North Carolina. A spokeswoman there said she could not confirm or deny any raid.
An employee at the gun store at the same strip mall as the Liberty Dollar office confirmed that officers had been present Wednesday.
"There were guys in uniform and some in suits, and they hauled a bunch of stuff out of there," the employee of Strictly Shooting, who asked not to be identified, said.
The Liberty Dollars are but one example of private currencies that have been used in American history. In the 1930s "wooden nickels" circulated out West. In Michigan there were so-called wildcat banks in the 1830s that printed paper money without backing by gold or silver reserve.
In addition to silver and copper coins, agents seized more than 3 pounds of gold and several ounces of platinum, Mr. von NotHaus said. All that coinage, as well as bearer certificates held at the Evansville office, belonged to purchasers of the currency. In an e-mail message Mr. von NotHaus urged the owners of the seized currency and seized bearer certificates to file suit against the government. Mr. von NotHaus has already sued government officials for issuing the "consumer alert" against his currency last year.
The impact, if any, on Mr. Paul's presidential campaign is difficult to predict. On the one hand, he could be criticized for permitting, if he did permit, his face to be used on a coin whose circulation the U.S. Mint contends is illegal. On the other, the raid could throw into even sharper relief the argument he has been making for sound currency. Videos of Mr. Paul cross-examining Mr. Bernanke in recent congressional hearings have been widely viewed on the Internet.
...Libertarians React to the Raid
Libertarian reaction was negative to news of the law enforcement activity in Evansville.
Blay Tarnoff, a former chairman of the Libertarian Party of New York, a statewide organization, said he could not think of any good rationale for the raid as long as the company issuing Liberty Dollars was not misrepresenting their coins as government currency. "People can trade anything they want of value," he said. "It wouldn't surprise me if the government would want to seize Liberty Dollars if they believed that people were actually beginning to use them."
An East Village resident who was co-creator of the Ron Paul dollar, Nicolas Leobold, said the raid was like "the behavior of a schoolyard bully."
A regional currency officer for the Liberty Dollar in south-central Pennsylvania, Pete Hallock, said he had ordered silver dollars in various denominations and would probably never get his money back. He said, "I don't like it when my money is stolen whether it is the federal government or anyone else." He added, "Why should I be penalized?"
Not surprisingly, independent-minded libertarians have varying opinions on the Liberty Dollars themselves. The chair of the Libertarian Party of New York, Jeff Russell of Saratoga County, said the Liberty coinage should bear descriptions such as "one ounce of silver" and not bear the term "dollar" at all.
-- Gary Shapiro
* * *
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George Soros as Rothschild Agent
It is no surprise, therefore, to find that today Soros
and Rothschild have ..... George Soros has instructed
his companies to start investing in Central and ...
http://gata.org/node/5738
http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_rothschild06.htm
ETF - would never buy one -
Imo. Tia.
God Bless America
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Franklin's Escala Mine Project Will Immediately Benefit -
From Previous Capital Development
Wednesday November 14, 9:51 am ET
LAS VEGAS, NV--(MARKET WIRE)--Nov 14, 2007 --
Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News) managers are reporting
they expect to immediately benefit from the two main
shafts at the Escala Mine.
The Escala's principal gallery, or mine shaft,
dates back to the Colonial period.
The other shaft is smaller, about 25 meters deep.
In addition, two other mine sites,
each about 50 meters deep, are not yet fully explored
but will be worked beginning in about a month.
Having access to two mine shafts, together with
two other previously worked sites, is of significant
benefit to the Escala Mine project.
These previously developed work sites represent a
tremendous savings in what would have otherwise
required a sizeable capital investment and
a lengthy period of time before reaching
full productivity.
CEO William Petty confirmed today's report and added,
"The opportunity to almost immediately bring the Escala
project into production is what made it so attractive
when we first learned of it.
Being able to benefit from the capital investment of
previous operations has significantly reduced
start-up costs and definitely shortens the lead time
between 'the first day of production' and
'taking product' to market."
About the Escala Project:
Comprising three separate mining applications,
COMIBOL's Escala Mine concession totals 2,000 hectares
located in the Sud Lipez Province, which is near
Bolivia's border with Argentina.
Franklin Mining, Bolivia S.A. has been awarded a contract
to mine 500 hectares within the original Escala concession.
Escala II and Escala III are the other two mining
applications currently assigned to another mining company.
The original Escala Mine
was established during the Spanish colonial period
and has, intermittently, been mined for lead, zinc,
gold and silver.
In 2007, Franklin Mining, Bolivia S.A.
negotiated an agreement with COMIBOL to resume mining
operations within the area of the original concession.
It is this original concession which contains all
utilities, offices, shops and housing.
Corporacion Minera de Bolivia, often known as COMIBOL,
is the National Mining Company of Bolivia.
About Franklin Mining, Inc.:
Franklin Mining, Inc. has mining and energy interests
in the United States and Bolivia as well as energy
interests in Argentina.
Franklin Mining, Bolivia S.A. is a wholly owned subsidiary.
Franklin Mining, Inc. holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
www.franklinmining.com.
DISCLOSURES: "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, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time 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.
For further information,
please visit our website
(www.franklinmining.com) or
contact our Investor Relations firm,
A. S. Austin & Company,
1-702-386-5379.
Contact:
Contact:
Investor Relations
A. S. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
http://biz.yahoo.com/iw/071114/0328599.html
Yep historically A Inverse Relationship!
Look At LFT IPO HERE! China Shall Continue To Do Well Aswell!
1for, I agree...rate cuts usually weakens the dollar, then gold generally increases in price.
Thanks Bob, I cant send private pms, but you got to love the way gold is acting. A rate cut means a weaker dollar and a strong spot gold price!
Look at china here too, as foreign investment will out pace!
LFT is rdy to make new highs!
cheers!-
Thanks lets make a symbols list!
Check out Sidney Resources (SDRC) a great looking gold and silver opportunity
The most promising prospects are the gold properties of Escala,
CashiLaguna, and Don Mario, each with a good
possibility ofbecoming open pit mines"
http://72.14.205.104/search?q=cache:sh4vIxHhy7YJ:minerals.usgs.gov/minerals/pubs/country/1996/9503096.pdf+producer+responsible+for+about+57%25+of+the+value+of+mine.+production+in+1996+followed+by+the+...+promising+prospects+are+the+gold+properties+of+Escala,+Cashi&hl=es&ct=clnk&cd=1&gl=bo
Escala to Produce Zinc, Silver, Lead -
Franklin Mining, Inc.
(PINKSHEETS: FMNJ) CEO and President, William Petty,
has released an updated Status Report on preparations
at the Escala Mine.
Jaime Melgarejo, Jr., Franklin's Chief Operations Officer,
has returned to Bolivia.
Working from the Santa Cruz headquarters, Mr. Melgarejo
will periodically travel to the Escala work site.
A team of Supervisors and Managers has been recruited
and is in the process of relocating to the Escala.
Coopertiva Minera "INTI" Ltda, a 20% partner in Franklin's
contract with COMIBOL, has assembled an initial work team
of 12 local members scheduled to begin limited production.
Production during November is anticipated to reach 260 tons
with significant increases in daily production expected
to be achieved by early-December.
Initial daily production from the Escala will contain
Zinc, Silver and Lead and will be processed at a plant
in Potosi.
About the Escala Project:
Comprising three separate mining applications,
COMIBOL's Escala Mine concession totals 2,000 hectares
located in the Sud Lipez Province, which is near
Bolivia's border with Argentina.
Franklin Mining, Bolivia S.A. has been awarded a contract
to mine within the original Escala concession.
Escala II and Escala III are the other two mining
applications currently assigned to another
mining company.
The original Escala Mine
was established during the Spanish colonial period and has,
intermittently, been mined for lead, zinc, gold and silver.
In 2007, Franklin Mining, Bolivia S.A. negotiated an agreement
with COMIBOL to resume mining operations within the original
500 hectare concession. It is this original concession
which contains all utilities, offices, shops and housing.
Corporacion Minera de Bolivia, often known as COMIBOL,
is the National Mining Company of Bolivia.
DISCLOSURES: "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, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time 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.
For further information,
please visit our website
(www.franklinmining.com)
or contact our Investor Relations firm,
A. S. Austin & Company, 1-702-386-5379.
Contact
Investor Relations firm
A. S. Austin & Company
1-702-386-5379
Source: Marketwire (October 24, 2007 - 2:04 PM EDT)
News by QuoteMedia
www.quotemedia.com
Great boards and info NYBOB thanks personmark and board marks added!
Great boards and info NYBOB thanks personmark and board marks added
US dollar touches a new euro low -
Euro coins on dollar note -
The value of the dollar has been on a downward spiral -
The US dollar tumbled to yet another new low against the euro -
as speculation mounted that US interest rates would be cut -
again next week....
JPY, GBP, AUD, EUR, CAD & Gold - Afternoon Fix (Source N M Rothschild) (INDEX)
3 YEAR WEEKLY GOLD CHART COMPARED TO THE CURRENCIES BELOW -
the media Tv etc. only talks about fiatz currencies -
not allowed to compare the fiatz to the GOLD - THE ONLY REAL MONEY -
ex.
http://news.bbc.co.uk/2/hi/business/7063733.stm
Franklin Reasons to Own Gold Investments -
1. It’s super cheap. Gold is cheap, while stocks are expensive.
In January of 1980, both the Dow Industrials and the price
of gold were at the same level: 800.
Now, nearly 27 years later, the Dow is above 13,000,
and gold is above $777.7++
2. Governments will make our money worth less to pay off
their record debts.
Governments can print money to pay off their debts.
But they can’t create gold.
The supply of paper money can be infinite.
But the supply of gold is extremely limited
(they say that the entire gold production in the history
of the world could fit on the basketball court at
Madison Square Garden).
And it’s difficult to extract.
3. Precious metals do well in major international conflicts.
The price of gold was fixed during World War I and
World War II.
But silver, for example, rose by over 100% in both world wars.
Gold has risen for the duration of the War on Terrorism.
It all comes back to #2, above... governments ultimately
print money to pay for wars.
4. Gold should do well in extreme bear markets.
Silver more than doubled in value from 1932 to 1936
during the Great Depression (the price of gold was fixed
by the government).
The next long bear market was 1968-1980.
FMNJ Silver rose from around $2 in 1968 to a peak near $50 in 1980.
5. FMNJ Gold will rise during inflation... and during deflation.
Gold is good inflation protection... gold rises as the
value of the dollar falls.
But what many people don’t understand is that gold will
do even better during deflation, as the government lowers
interest rates and wildly prints money (creating inflation)
to offset that deflation... leading to substantially
higher gold prices.
6. Gold lowers risk in your investment portfolio.
In the past, gold has tended to do the opposite of stocks:
It skyrocketed in the 1970s, when stocks did horribly.
Then in the 1980s and 1990s, when stocks soared,
gold lost over half its value.
Now, in the new millennium, gold has soared while stocks
are still near their year 2000 highs.
Holding a portion of your portfolio in gold will smooth
out your portfolio fluctuations.
Gold is beautiful, rare, and easy to exchange, no matter
where you are in the world.
Paper money, on the other hand, is just paper.
Governments can print as much of it as they like.
Real interest rates are close to negative... the smart
money has already shifted from cash and into gold.
It’s time you did too -
In 2002, was how to buy gold for $250 an ounce.
Today, that investment has more than doubled... but
nobody cared back then.
Nobody was asking me about gold.
Instead, I probably lost readers for daring to write
about it -
Now, with gold hovering above $777 per ounce, people
are starting to asking me about it -
well its fiatz$777.7++ buckypeanutz -
It’s a small sign, but the fact that people are showing
interest for the first time in two decades tells me
this bull market is building steam and getting ready
to move much higher....
Gold and silver rose after a drop in the dollar against
the euro and soaring energy costs sparked demand for
the precious metals as an investment.
The price of gold has gained 21 percent this year,
reaching the highest in 27 years,
its only a new bull start -
The PM metal gained 23 percent last year when
the dollar dropped 10 percent against the euro.
Franklin Mining, Inc. and GDR Privée Schedule Site-Visits to
South American GTL Projects -
Oct 25, 2007
Franklin Mining, Inc. -
(PINKSHEETS: FMNJ) CEO, William A. Petty, and Gregoire de
Rothschild, principal, GDR Privée, are pleased to announce
that several lenders have requested permission to visit
planned construction sites for Franklin's first
two gas-to-liquid plants in South America.
Mr. Petty, Mr. Rothschild and representatives of several
lenders are scheduled to arrive in Santa Cruz, Bolivia
on November 9, 2007 and travel to Buenos Aries, Argentina
on November 13.
In each city, local project managers and engineers will
present multiple energy projects and tour sites selected
for constructing GTL plants.
Prospective lenders will also have an opportunity to meet
with local civil and political leaders.
GDR Privée, a New York investment bank specializing in debt
and asset based financing, has negotiated preliminary terms
and conditions for the provision of construction financing
to each of Franklin Mining's two oil and gas -
subsidiary companies.
In making today's announcement, Mr. Petty added,
"Franklin very much appreciates the support of
Mr. de Rothschild and his work on our behalf with
GDR Privée's domestic and international banking
relationships.
My goal is to identify the best possible solution to the
problem of financing our energy projects in South America.
Franklin's two oil and gas subsidiaries have done a great job
of securing the opportunities and Mr. de Rothschild and I
are exploring all options for bringing them to fruition."
About GDR Privée: In March 2007, Franklin Mining, Inc.
announced an agreement with GDR Privée to assist in
securing project financing for mining and energy agreements
in Bolivia and an energy contract in Argentina.
Additional company information is available by contacting
GDR Privée,
16 W. 45th Street, 2nd Floor,
New York, NY 10036,
(212) 382-3240.
About Franklin Mining, Inc:
Franklin Mining, Inc. has mining and energy interests in
the United States and Bolivia as well as energy interests
in Argentina.
Franklin Mining, Bolivia S.A. is a wholly owned subsidiary.
Franklin Mining, Inc. holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
www.franklinmining.com.
DISCLOSURES: "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, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time 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.
For further information,
please visit our website
http://www.franklinmining.com/Home/tabid/1215/Default.aspx
or contact our Investor Relations firm:
A. Austin & Company
1-702-386-5379
Source: Marketwire (October 25, 2007 - 8:40 AM EDT)
News by QuoteMedia
www.quotemedia.com
Tia. imo.
God Bless
Great Panther Doubles Production in Third Quarter 2007
Monday October 22, 1:17 pm ET
http://biz.yahoo.com/ccn/071022/200710220420359001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 22, 2007) - GREAT PANTHER RESOURCES LIMITED (TSX:GPR - News; the "Company") reports record production from its 100% owned Guanajuato Silver-Gold Mine and Topia Silver-Lead-Zinc Mine in Mexico. Operational highlights include:
- Total quarterly production of 361,107 silver equivalent ounces (Ag Eq oz) compared to 179,782 Ag Eq oz in the third quarter 2006, an increase of 101%.
- Total production for the three quarters of 2007 of 989,900 Ag Eq oz exceeded total production of 408,820 Ag Eq oz for the same period last year by 142%.
- Total quarterly throughput of 69,541 tonnes compared to 43,055 tonnes in the third quarter 2006, an increase of 62%.
- 20% quarter-by-quarter increase in output at Guanajuato from 176,828 Ag Eq oz in the second quarter 2007 to 212,617 Ag Eq oz in the third quarter 2007.
- 11% quarter-by-quarter increase in output at Topia from 133,522 Ag Eq oz in the second quarter 2007 to 148,490 Ag Eq oz in the third quarter 2007.
- Management team strengthened with appointment of Charles Brown as Chief Operating Officer.
- Great Panther's 100% owned (but independently operated) "state-of-the-art" assay laboratory was opened at the Guanajuato Mine.
To view the graph accompanying this release please click on the following link: http://www.ccnmatthews.com/docs/1022gpr.jpg
(Silver equivalents for 2007 were established using prices of US$600/oz Au, US$12/oz Ag, US$0.60/lb Pb and US$1.50/lb Zn)
The Guanajuato Mine produced 155,272 oz of silver and 1,147 oz of gold from 60,031 tonnes in the third quarter, an increase of 18% and 27% for silver and gold, respectively over the previous quarter. The average gold grade increased slightly from 0.80 g/t to 0.84 g/t while the silver grade decreased slightly from 115.5 g/t to 109.9 g/t resulting in a slight decrease in the silver equivalent grade from 155.6 g/t to 151.9 g/t. The erratic nature of gold and silver distribution continues to be a challenge at Guanajuato and the Company is implementing a number of measures to improve the grade control. Recoveries averaged 70.5% for gold and 73.1% for silver in Q3 compared to 72.4% and 73.3%, respectively in Q2. A metallurgical test program is also underway to find ways of improving the recoveries.
At the Topia Mine, production of silver increased by 13% to 65,884 oz, gold by 2% to 128 oz, lead by 20% to 404,460 lbs and zinc by 8% to 448,528 lbs. However, overall head grades declined by 8.8% to 261 g/t Ag, 0.6 g/t Au, 2.11% Pb and 2.63% Zn (588 g/t Ag Eq) due to an increase in dilution caused by narrower vein widths. Recoveries at Topia in the third quarter averaged 82.41% for Ag, 71.44% for Au, 91.38% for Pb and 81.38% for Zn, compared to 86.81% for Ag, 83.59% for Au, 89.46% for Pb and 86.54% for Zn in the second quarter. A total of 9,509 tonnes was processed from the Company's mines in Topia in Q3 while 2,469 tonnes were custom milled for a local miner.
The year to date production of 989,900 Ag Eq oz from both of Great Panther's mines includes 590,191 oz of silver, 3,250 oz of gold, 1,190,971 lbs of lead and 1,421,901 lbs of zinc. As mine development increases and diamond drilling success establishes new resources at the mines, the Company expects this steady growth in production to continue well into 2008. In addition, management is actively looking at ways to more significantly increase the output from both operations.
Robert F. Brown, P.Eng. and Vice President of Exploration for the Company is the Qualified Person for both the Guanajuato Mine and the Topia Mine, under the meaning of NI 43-101. Aspects of both mines relating to mining and metallurgy are overseen by Charles Brown, Chief Operating Officer and Ing. Francisco Ramos Sanchez, Vice President of Operations for Great Panther and its Mexican subsidiary, Minera Mexicana El Rosario, S.A. de C.V.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Brad Aelicks
Great Panther Resources Limited
(604) 685-6465
Don Mosher
Great Panther Resources Limited
(604) 685-6465
(604) 899-4303 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
--------------------------------------------------------------------------------
Source: Great Panther Resources Limited
SIL, the LT trend bull is going UP -
SIL looks like safet vs. fiatz$peanutz paper -
Imo. Tia.
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Escala Mine is a great deal for FMNJ -
still the Greatest Mine of all is -
The Cerro Rico Silver Mines -
it has only been sniffed at -
still below is more richness -
than what we may dream about -
I would also like to see management -
do a stock buyback with Rothschilds help -
it will be no problem -
http://www.rothschild.com/history/
Imo. Tia.
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
FMNJ - has the intention to start to mine with the PM and
base metal of reserves known ex..
Escala to Produce Zinc, Silver, Lead
Tuesday, October 9, 2007, 0830 ET
LAS VEGAS, NV – (MARKET WIRE) – Franklin Mining, Inc. (Pink Sheets: FMNJ – News) CEO and President, William Petty, issued his weekly Status Report on startup preparations at the Escala Mine on Monday, October 8, 2007.
Jaime Melgarejo, Jr, Franklin’s Chief Operations Officer is set to return to Bolivia the week of October 15, 2007 and to the Escala work-site prior to the start of operations, scheduled for October 25, 2007.
The first bulk tonnage produced at the Escala Mine will contain Zinc, Silver and Lead and will be processed at a nearby plant. Franklin’s engineering staff has evaluated several options and are preparing their recommendations for constructions of an on-sight plant.
About the Escala Project: A 2,000 hectare compound owned by COMIBOL, the Escala Mine is located in the Sud Lipez Province, which is near Bolivia’s border with Argentina. Escala was established during the Spanish colonial period and has, intermittently, been mined for lead, zinc, gold and silver. In 2007, Franklin Mining, Bolivia S.A. negotiated an agreement with COMIBOL to resume mining operations. Corporacion Minera de Bolivia, often known as COMIBOL, is the National Mining Company of Bolivia.
About Franklin Mining, Inc: Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia S.A. is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A. Additional company information is available at www.franklinmining.com.
DISCLOSURES: “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, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time 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.
For further information, please visit our website -
http://www.franklinmining.com
or contact our Investor Relations firm,
A. S. Austin & Company,
1-702-386-5379.
----
With further mining -
drilling expl. etc....
FMNJ may find what ABX discovered by their expl. etc.?..
Well,
Barrick made discoveries of Gold -
and with Auspac had intentions to dev. -
The Escala mine in 1995 -
I think the Gold bullion price went down -
from a higher price of 1996 -
memo- $450 - to low of $250 in 2001 -
and the cost to dev. higher etc.
Barrick made some other priorities -
short selling gold etc. and lost
The Escala mine property -
for not fulfilling the intentions etc.?.
fyi..1995 - had made expl. on Escala Mine -
and had the intentions to develop it....
American Barrick and Austpac, says Mr. Cuellar,
recently agreed upon a US$200 million deal to develop
the Escala gold mine -
deposit located in Bolivia's altiplano.
DD..info..expl. Barrick - Auspac -
had intentions to dev. -
Escala Mine - in 1995 -
http://ssdc.ucsd.edu/news/chip/h94/chip.19941018.html
Imo Tia.
God Bless
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23614098
SIL - San Cristobal Achieves First Production -
Earlier this week we announced the first production of silver bearing lead and zinc concentrates. As was announced, the plant reached mechanical completion in late June 2007 and began start-up commissioning in early July. The first rail shipment from the plant to the port has now commenced. We expect to record our first sale of silver bearing lead and zinc concentrates in the third quarter and intend to ramp up to full production rate during the fourth quarter of 2007.
Concurrently with construction and commissioning at the San Cristobal Project we have continued to mine ore and at June 30, 2007 we had stockpiled 3.5 million tonnes of sulfide ore. The primary crusher and overland conveyor are operating at design rates delivering ore to the coarse ore stockpile. The plant is operating with the semi-autogenous (SAG) mill and one of the two ball mills. The second ball mill motor has been repaired and is being commissioned. We expect continuous production from this ball mill in early September. The flotation circuit has been commissioned and we are producing both silver bearing lead and zinc concentrates. The filtration and load out system has also been commissioned.
The entire project construction and operating team has achieved twelve million man-hours without a lost time accident.
Mining Taxation Legislation Proposed in Bolivian Congress
The Bolivian government continues to consider various changes to applicable mining taxes, including possible increases in income tax rates, modification of credibility of the complementary mining tax against income tax, and elimination of the refund to exporters of a percentage of import duties and value added taxes. The company, together with Sumitomo, is engaged in ongoing discussions with government representatives regarding the various proposals and their potential effects on San Cristobal.
SIL - San Cristobal Achieves First Production -
Earlier this week we announced the first production of silver bearing lead and zinc concentrates. As was announced, the plant reached mechanical completion in late June 2007 and began start-up commissioning in early July. The first rail shipment from the plant to the port has now commenced. We expect to record our first sale of silver bearing lead and zinc concentrates in the third quarter and intend to ramp up to full production rate during the fourth quarter of 2007.
Concurrently with construction and commissioning at the San Cristobal Project we have continued to mine ore and at June 30, 2007 we had stockpiled 3.5 million tonnes of sulfide ore. The primary crusher and overland conveyor are operating at design rates delivering ore to the coarse ore stockpile. The plant is operating with the semi-autogenous (SAG) mill and one of the two ball mills. The second ball mill motor has been repaired and is being commissioned. We expect continuous production from this ball mill in early September. The flotation circuit has been commissioned and we are producing both silver bearing lead and zinc concentrates. The filtration and load out system has also been commissioned.
The entire project construction and operating team has achieved twelve million man-hours without a lost time accident.
Mining Taxation Legislation Proposed in Bolivian Congress
The Bolivian government continues to consider various changes to applicable mining taxes, including possible increases in income tax rates, modification of credibility of the complementary mining tax against income tax, and elimination of the refund to exporters of a percentage of import duties and value added taxes. The company, together with Sumitomo, is engaged in ongoing discussions with government representatives regarding the various proposals and their potential effects on San Cristobal.
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Can I have a list of all the best Silver company traded in a US Exchange ?
I Know SLW and SSRI but not more...
Thks.
What is Money?
by Doug Tjaden, September 8, 2007
The comfort with which most Americans have lived their lives is likely to end within this decade--due to global events that are now manifesting themselves.
History shows that there are definite cycles that our economy experiences. Certain classes of investments are held in high esteem, while others are neglected for long periods of time. Then the cycle reverses. This is simply due to the sin nature of man. The old adage of markets being driven by greed and fear is true. The Bible tells us to neither be greedy (1 Tim 6:10) nor to be fearful (Matt 10:22-33). However when the world economic system is controlled by men who are not moored to a Biblical worldview, then greed and fear will drive our economy. And the root of this greed and fear is money.
What is Money?
Today our monetary system is made up of fiat money - money by “decree”, or simply - money printed “out of thin air”. Fiat money has been tried for thousands of years but it has one thing in common. Every fiat money system in the history of the world has failed. This is a very important fact! Ours will be no different! The question is, when will it happen, and what form will the destruction take.
Contrast fiat money – created by man - with God’s money, which is silver and gold. I believe there is a reason why a limited amount of these “precious metals” have been placed in the earth by our Creator. It was to give us an honest form of money, which would help man keep in check our struggle with greed and debt. God gave our Founding Fathers wisdom to see that God’s money would help protect “the people” from mismanagement of the country’s monetary system by the government.
When the Federal Reserve was created in 1913, our country began the long journey from using God’s money – established by the Bible first and our constitution second – to our current fiat monetary system. This private entity, controlled by the world’s powerful bankers, has fallen prey to the greed of man and has maneuvered our economy into a corner that will possibly ignite a hyperinflationary monetary environment within the next few years. The result could be the destruction of the US dollar as the world’s reserve currency. How did the Fed paint us into this corner?
The Trap is Set
After the turn of the century, the Fed had a major problem - how to keep the economy from entering a deep recession. Following the double shock of the NASDAQ market collapse and 9/11, the Fed needed to stave off a major recession and deflation similar to the 1930’s. To accomplish this, they lowered interest rates to multi-decade lows and cranked up the electronic printing press. This deadly combination saved the economy for a time, however it led to a bubble in the housing market. Our cash flow society took the opportunity provided by low interest rates to increase the size of their mortgage and all other forms of debt. Furthermore, lenders took the opportunity to lower credit standards to absurd levels, adding to our debt woes. This flies in the face of what God tells us in Proverbs 22:7 – “The rich rules over the poor, and the borrower is servant to the lender.”
Today, rising interest rates, falling home prices, and a tightening of credit standards have caused buyers for homes disappear. The imbalances created by this situation have led to what is known as a “liquidity trap” – a perfect storm of circumstances that has caused credit markets to seize up. The credit crisis may have begun in the mortgage market, however it has spread into other markets. The toxic waste known as OTC derivatives, which were used to package suspect subprime mortgages with other debt, was sold into markets throughout the world, rated AAA, or “investment grade”. Now these debt instruments are being exposed as junk, and the reaping of the fields of greed and deceit which were sown has just begun.
Sophie’s Choice
In this 1982 movie based on a novel by William Styron, a young mother on her way to a Nazi concentration camp had to make a horrible choice - which one of her two children would she send to the gas chamber and which one would she save? This is where the Fed finds itself today. They are on a tightrope between two horrible choices. 1) Raise interest rates to defend the dollar and choke off price inflation. This would cause huge problems with the mountain of debt our country has piled on and would crush housing or 2) lower rates to save the credit bubble, knowing price inflation will increase as the dollar falls and all those cheap imported goods and commodities rise rapidly in price.
The first choice involves playing with a deflationary depression similar to that of the 1930’s as the money supply is held in check and debt defaults skyrocket forcing mass foreclosures, bankruptcies, closings of banks, and widespread loss of capital as the stock markets crash. The latter choice would force the government to inflate and most likely hyper inflate the currency - essentially destroying it as they pay off existing debt with dollars worth far less in terms of purchasing power. Based on comments by Fed Chairman Ben Bernanke and current monetary policy, it appears as though the choice will be made to sacrifice the currency. This choice will likely result in hyperinflation and the destruction of the US dollar as the world’s reserve currency.
Biblical Worldview
The thought of this can be quite unnerving. However if you examine these events through a Biblical worldview, you can see how they fit into the progression of events toward the end times predicted in the Bible. Regardless of your view of eschatology, there are a series of events that must happen prior to Jesus’ return. The world framework which must be in place includes:
1) There will be a single currency.
2) There will be a single government.
3) There will be a move toward a single religion.
Even with the level of globalization that we have seen over the last 20 years, these are still very dramatic changes to the current world order. There needs to be a catalyzing event to move toward this world structure. With a Biblical worldview in mind, I would propose the following as a possible scenario. I am not called to speak this as a prophetic word from God.
As the US economy goes through economic and social turmoil, we lose global influence. Politically we are dealing with our own problems and we leave the world stage as a global policeman. Our US dollar is no longer the world’s reserve currency after being destroyed via hyperinflation. It is replaced by a regional currency similar to the Euro, which includes Canada, the US and Central America. The new “Amero” replaces the US dollar, the Canadian dollar and the Mexican Peso. During this time, the same thing happens to Asian currencies – they consolidate. This takes us one giant step closer to a single world currency. The US hegemony is no longer an issue, and there would instead be 3 or 4 regional world currencies.
As currencies consolidate, so will governments. Witness how the sovereignty of European countries has been destroyed as their governments are slowly consolidated in the name of economic progress. With this step complete, the stage is thus set for a one world currency and one world government. As painful and unpleasant as it might be to go through, it sounds like prophetic progress to me!
Protect Yourself
Tor those in Jesus Christ, this is good news! I believe that God wants us to protect ourselves and our families through this time of change. Proverbs 22:3 says: “A prudent man foresees danger and takes refuge, but the simple pass on and are punished.” The word “foresees” is an active verb. The Bible does not ask us to passively sit and wait to discover danger as it creeps up on us. We must know the landscape around us, all the while keeping long term events in the proper perspective of a Biblical world view. We have history to learn from. The question is will we do it?
We live in very exciting and historic times! We can live in fear or in anticipation of the events that will bring us closer to the return of our Lord Jesus, whether that is tomorrow or 1000 years from now. Dangers exist everywhere – in the culture and the economy. Our focus as Christians has largely been on cultural dangers. It is necessary to now get the word out that there are dangers in the economy as well. Yet these changes show that God is on the move, possibly taking large steps toward what the Bible describes our world as like when Jesus returns! By foreseeing these changes and taking refuge, we can protect our families and loved ones, maintaining the joy of Christ in our lives.
God’s blessing to you!
Doug Tjaden
Doug Tjaden is a father of 5 and is a pastor/elder of “The Mountain Church” in Castle Rock, Colorado. He is Director of Administration of Equipping the Family Ministries. Doug also operates a web site (www.traditionsofmen.org) where his heart is to expose the ills of our current monetary system to God’s people. He can be emailed at pa30twin@yahoo.com.
----
Imo. Tia.
FMNJ & SIL - Missions -
God Bless -
http://investorshub.advfn.com/boards/board.asp?board_id=5810
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
The bottom lines -
Bucky - to fall down the cliff corrupt disgraced? =
why the super rich want safety in PM's -
Got FMNJ PM's safety?
Fitch Upgraded Bolivia -
NEW YORK-(Business Wire)-
July 27, 2007 -
Fitch Ratings today revised the Outlook on Bolivia's
long-term foreign and local currency sovereign Issuer
Default Rating (IDR) to Stable from Negative, and
affirmed the following ratings:
—Long-term foreign currency Issuer Default Rating (IDR)
at 'B-'; Outlook to Stable;
—Long-term local currency IDR at 'B-'; Outlook to Stable;
—Short-term IDR at 'B';
—Country Ceiling at 'B-'.
Public debt reductions under the Multilateral Debt Relief
Initiative (MDRI), maintenance of macroeconomic stability
and positive economic prospects, underpinned by a favorable
external environment, supported the revision of Bolivia's
Outlook to Stable.
'Though political, social and policy challenges will continue
to weigh on Bolivia's ratings, the MDRI and sustained growth
have reversed the prior trend of deteriorating external
solvency and liquidity ratios,' said Theresa Paiz Fredel,
Senior Director of Fitch's Latin American Sovereign team.
As a result of the MDRI, debt sustainability is no longer
a pressing issue.
MDRI covered 100% of debt incurred by Bolivia before
January 2005 to the IMF (US$230 million) and
the World Bank (US$ 1.5 billion).
Bolivia's public debt/GDP ratio declined to 32% by
year-end 2006 from a peak of 60% at year-end 2004.
Additional debt relief from the Inter-American
Development Bank totaling US$1.2 billion will reduce
the public debt/GDP ratio to below 20% of GDP this year.
As other sovereigns in the 'B' rating category have also
benefited from the MDRI, Bolivia's debt levels remain
in line with similarly rated credits.
Despite divisive domestic issues including the direction
of macroeconomic policy and the Constituent Assembly,
Bolivia's overall macroeconomic performance has
strengthened within the context of a favorable
external environment.
Inflation declined in 2006, though negative supply shocks
and rapid monetary expansion are putting upward pressure
on prices so far in 2007.
The performance of the extractive sectors will continue
to drive moderate GDP growth of around 4.5%, as well as
a strong balance of payments over Fitch's forecast period.
The latter has led to record accumulation of international
reserves, which are projected to increase by over
US$800 million this year, reaching more than US$4 billion
by year-end.
Additionally, changes in the hydrocarbons law and
expenditure restraint have underpinned a significant
fiscal adjustment as the general government balance
reverted to a surplus of 3.5% of GDP in 2006 after
peaking at an 8.9% of GDP deficit in 2002.
Bolivia's short-term economic outlook remains favorable,
but the country faces many challenges and risks over
the medium-to-long term, particularly with respect
to attracting foreign direct investment, which is needed
to develop its abundant natural resources and to deliver
on gas contracts it has already signed with Argentina
and Brazil.
Better infrastructure, stronger institutions, and
improvements in the rule of law are also critical
to supporting growth and raising employment and
living standards.
Now that the renegotiation of the hydrocarbons contracts
has been successfully completed, more clarity on
macroeconomic policy choice, particularly pertaining to
other key sectors of the economy such as mining,
electricity and telecommunications, would be -
positive for creditworthiness.
Continued macroeconomic stability and/or an easing of
social tensions which results in improved governability
would also benefit Bolivia's credit fundamentals.
By contrast, increased social and/or political
instability that detracts from Bolivia's economic
performance or affects debt service willingness could
bring renewed pressure to Bolivia's ratings.
Fitch's rating definitions and the terms of use of such
ratings are available on the agency's public site,
http://www.fitchratings.com
Published ratings, criteria and methodologies are
available from this site, at all times.
Fitch's code of conduct, confidentiality, conflicts
of interest, affiliate firewall, compliance and
other relevant policies and procedures are also
available from the 'Code of Conduct' section
of this site.
Btw.
Note....
it will always in all countries be -
666 bolshevikz making -
rare communistic demands -
all since stalin time....
http://www.888c.com/
God Bless -
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21973682
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Great Panther Releases Q2 Results, Reports Record Sales Margin From Mining Operations
Tuesday August 14, 6:38 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 14, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) (the "Company") reports that it has filed its quarterly unaudited financials and MD&A for the three and six months ended June 30, 2007.
The Company is pleased to report gross revenue of $3,245,000 for the second quarter 2007, an increase of 238% over the same period last year, and sales margin from mining operations (before amortization and depletion) of $1.1 million.
The Unaudited Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30, 2007 have been filed on SEDAR. (All figures are in Canadian dollars unless otherwise stated).
[continued in following link]
http://biz.yahoo.com/iw/070814/0290860.html
Franklin Hosting GDR Privée in Santa Cruz, Bolivia -
Financial Planning Meetings and Work-Site Inspections -
for Major South American Projects Scheduled -
LAS VEGAS, NV-- Marketwire - August 9, 2007 -
Franklin Mining, Inc.
(PINKSHEETS: FMNJ) President, Jaime Melgarejo, Jr., is pleased
to announce that Franklin's New York, NY-based financial
advisor, Gregoire de Rothschild, has arrived in Bolivia.
A series of meetings has been scheduled at Franklin Oil & Gas,
Bolivia S.A.'s Santa Cruz offices to allow Franklin
principals, consultants and project managers the opportunity
to present each of several South American projects.
Additional meetings are scheduled to introduce Franklin's
in-country managers, engineers and staff.
Gregoire de Rothschild, Chairman, GDR Privée, a New York
City-based investment bank with both domestic and
international contacts and relationships, is assisting
Franklin obtain project financing from third party
institutional lenders.
About Franklin Mining, Inc.:
Franklin Mining, Inc.
has mining and energy interests in the United States
and Bolivia as well as energy interests in Argentina.
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
http://www.franklinmining.com.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: --
-- 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.
For further information, please visit our website
(www.franklinmining.com) or contact our
Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
Investor Relations
A. Austin & Company
1-702-386-5379
http://www.marketwire.com/mw/release.do?id=759180&k=fmnj
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ & SIL - Missions -
God Bless -
http://investorshub.advfn.com/boards/board.asp?board_id=5810
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
The bottom lines -
Bucky - to fall down the cliff corrupt disgraced? =
why the super rich want safety in PM's -
Got FMNJ PM's safety?
To 'investors' on 'SILVER (Ag) PRODUCERS' -
Its my pleasure -
RE: the Q's -
It is surprising to see how such big corporations -
have been attracted by that project -
With such a huge financing available from people like -
Soros, Rothschild and Sumitomo Corporation,
why this company took so long from -
1993 to come into production? -
Is it that BOD was waiting for right prices of the Silver -
to start production or there was any other reason? -
These and several other such question about SIL -
will help us to understand FMNJ situation today -
vozmil well said, the SIL info gives -
good knowledge to the mining industry -
in Potosi Silver district -
one of the PM's richest -
in the world -
President of Bolivia
Evo Morales Aima with Condoleezza Rice -
Endorsed -
The Apex Silver Potosi Social Mission commitments -
and Apex Silver also strongly believes -
that in order to achieve success -
in developing a new project -
a mining company must secure strong support -
from the local community -
This support is best earned through a focused -
and long-term corporate commitment that produces -
measurable improvement -
in the social and economic well-being of -
the community members -
For further information on Apex Silver’s -
sustainable development practices -
please view the video at the left -
and our Community Relations webpage -
A snippet of 15 yrs past history -
is that the exploration drilling -
discover rich Silver ore deposit below -
The PM's protected of God, by The Lord's House (Kuriakon) -
The Lord & People's Cathedral (Kathedra) -
and some of The San Cristobal -
old heritage town had to be moved and restored etc. -
Please find the SIL info video below -
http://www.apexsilver.com/social_commitment.html
to be one of the 888 Christian brother and sister -
will make it a Blessing for all -
dd....
http://www.apexsilver.com
Apex Silver San Cristobal Produces First Concentrates
and Achieves 12 Million Man-Hours
Without a Lost Time Accident
Tuesday August 7, 9:00 am ET
DENVER--(BUSINESS WIRE)--
Apex Silver Mines Limited -
(AMEX:SIL - News) today announced the first production
of silver bearing concentrates from -
the San Cristobal Mine -
zinc, lead and silver mine in Southwestern Bolivia.
The plant reached mechanical completion in late June 2007
and began start-up commissioning in early July.
We expect the first rail shipments from the plant
later this week.
As of July 31st, more than three and a half million tonnes
of ore have been stockpiled for the concentrator.
The primary crusher and overland conveyor are operating
at design rates delivering ore to the coarse ore stockpile.
With production testing ongoing and operating with
a previously untrained workforce, the plant is operating
with the semi-autogenous mill (SAG) -
and one of two ball mills.
Processing the harder of the two ore types in
the San Cristobal ore body, we have achieved continuous
throughput of 19,000 tonnes per day, within five percent
of design capacity.
The second ball mill motor has been repaired and is being
commissioned, and we expect continuous production -
from this ball mill in early September.
The flotation circuit has been commissioned and we are
producing both silver bearing lead and zinc concentrates.
The filtration and load out system has been commissioned
and concentrate containers are being loaded for rail -
transport to the port at Mejillones, Chile.
All other systems including the well field, tailing system,
railroad, and other supporting systems have been
commissioned and are generally performing as anticipated.
The plant will continue in startup and commissioning
during August with emphasis on commissioning of
the zinc regrind circuit and fine tuning throughout
the flotation plant including improvements in
the calibration of instruments and tuning of control
loops and level controls in the plant.
In addition, we expect to complete commissioning of
the second ball mill, together with final processes
and coordination with Bolivian power providers,
in early September.
The entire project and operating team has achieved
twelve million man hours without a lost time accident.
"We salute our Bolivian project and operating team
for the rapid ramp up in production achieved to date,"
said Jeffrey Clevenger, President and CEO.
"The achievement of twelve million man-hours without
a lost time accident continues to establish a new target
for the mining industry and re-enforces the shared
commitment of Apex and our Bolivian employees
to operating and safety excellence".
We are completing the determination of our second quarter
financial results, which will reflect a non-cash loss
of approximately $165 million for the quarter ended
June 30, 2007 related to our metals derivative positions
due to metals price increases in the second quarter,
and will issue our second quarter earnings release
later this week.
Apex Silver is a mining exploration and development company.
Its 65%-owned San Cristobal project is the world's largest
development in silver and zinc.
The ordinary shares of Apex Silver trade on
the American Stock Exchange under the symbol "SIL".
This press release contains forward-looking statements
regarding the company, within the meaning of Section 27A of
the Securities Act --- those in the forward-looking statements
can be found in the company's Form 10-K filed with
the SEC for the year ended December 31, 2006.
Contact:
Apex Silver Mines Corporation
Jerry Danni,
303-228-0336
Senior Vice President Corporate Affairs
Source: Apex Silver Mines Limited
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ & SIL - Missions -
God Bless -
http://investorshub.advfn.com/boards/board.asp?board_id=5810
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
The bottom lines -
Bucky - to fall down the cliff corrupt disgraced? =
why the super rich want safety in PM's -
Got FMNJ & SIL PM's safety?
In Reply To 'vozmil' on 'Franklin Mining, Inc.' -
Apex Silver Forms Strategic Alliance with Sumitomo Corporation
DENVER, September 25 /CNW/ -
Apex Silver Mines Limited
(AMEX: SIL) today announced the formation of a strategic
alliance with Sumitomo Corporation, a diversified
international company whose business operations include major
interests in mining, metal products, transportation and
construction systems, finance and logistics.
Under the agreement, approved by the respective Boards of
Directors, Sumitomo will acquire a 35% participating interest
in Apex Silver's San Cristobal open-pit silver-zinc-lead
project located in southwestern Bolivia and will be granted
a two-year option to earn a 35% share of certain
Apex Silver exploration projects located in Peru, Mexico,
Argentina and Bolivia.
In exchange, Apex Silver will receive consideration
consisting
of:
-- Cash amounting to $224 million
-- Deferred silver payments consisting of 22.86% of
Sumitomo's share of future payable silver production from
San Cristobal
(currently projected to amount to over 20 million ounces
of payable metal accrued to Apex Silver)
plus
payments related to additional reserves and mine extensions
-- Deferred zinc payments equal to the dollar value of 20%
of Sumitomo's share of payable zinc production from
San Cristobal (currently projected to amount to
approximately 200,000 tonnes of payable metal subject to
the payment) plus payments related to additional reserves
and mine extensions, multiplied by the amount by which
the London Metal Exchange price of zinc
exceeds $1,800 per tonne. On September 22, 2006,
zinc prices on the London
Metal Exchange were quoted at $3,400 per tonne.
-- Assumption by Sumitomo of its 35% share of:
San Cristobal's project
financing, ultimately to total $225 million,
and San Cristobal-related
derivative liabilities, which at June 30, 2006
were stated at $130 million.
Apex Silver Closes Sumitomo Transaction
DENVER, September 25 /CNW/ -
Apex Silver Mines Limited (AMEX: SIL) today
announced closing of the Sumitomo transaction pursuant to
the terms outlined
in the earlier September 25, 2006 press release.
Apex Silver
is a mining exploration and development company.
The Ordinary shares of Apex Silver trade on
the American Stock Exchange under the symbol
"SIL."
Source: Canada NewsWire (September 25, 2006 - 3:00 PM EST)
News by QuoteMedia
www.quotemedia.com
Source: Apex Silver Mines Limited
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ & SIL - missions -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5810
Franklin Mining, Bolivia SA Signs Zinc Contract -
http://www.marketwire.com/mw/release.do?id=715521&k=fmnj
Franklin Mining, Bolivia SA Signs Zinc Contract
LAS VEGAS, NV -- (MARKET WIRE) -- January 30, 2007 --
Franklin Mining, Inc.
(PINKSHEETS: FMNJ) is today announcing having entered into
a contract for the sale of 50,000 tons of Zinc concentrate
at 47% minimum to a consortium representing multiple
entities in Japan.
The consortium, headed by a former Bolivian Ambassador to
Japan, is obtaining financing through
the Sumitomo Mitsui Banking Corporation -
for the purchase of the product.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21879369
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
To 'SIL' investors on 'SILVER (Ag) PRODUCERS' -
Apex Silver San Cristobal Produces First Concentrates -
and Achieves 12 Million Man-Hours -
Without a Lost Time Accident
Tuesday August 7, 9:00 am ET
DENVER--(BUSINESS WIRE)--
Apex Silver Mines Limited -
(AMEX:SIL - News) today announced the first production -
of silver bearing concentrates from -
the San Cristobal Mine -
zinc, lead and silver mine in Southwestern Bolivia.
The plant reached mechanical completion in late June 2007 -
and began start-up commissioning in early July.
We expect the first rail shipments from the plant -
later this week.
As of July 31st, more than three and a half million tonnes -
of ore have been stockpiled for the concentrator.
The primary crusher and overland conveyor are operating -
at design rates delivering ore to the coarse ore stockpile.
With production testing ongoing and operating with -
a previously untrained workforce, the plant is operating -
with the semi-autogenous mill (SAG) -
and one of two ball mills.
Processing the harder of the two ore types in -
the San Cristobal ore body, we have achieved continuous -
throughput of 19,000 tonnes per day, within five percent
of design capacity.
The second ball mill motor has been repaired and is being -
commissioned, and we expect continuous production -
from this ball mill in early September.
The flotation circuit has been commissioned and we are -
producing both silver bearing lead and zinc concentrates.
The filtration and load out system has been commissioned -
and concentrate containers are being loaded for rail -
transport to the port at Mejillones, Chile.
All other systems including the well field, tailing system,
railroad, and other supporting systems have been -
commissioned and are generally performing as anticipated.
The plant will continue in startup and commissioning -
during August with emphasis on commissioning of -
the zinc regrind circuit and fine tuning throughout -
the flotation plant including improvements in -
the calibration of instruments and tuning of control -
loops and level controls in the plant.
In addition, we expect to complete commissioning of
the second ball mill, together with final processes
and coordination with Bolivian power providers,
in early September.
The entire project and operating team has achieved -
twelve million man hours without a lost time accident.
"We salute our Bolivian project and operating team
for the rapid ramp up in production achieved to date,"
said Jeffrey Clevenger, President and CEO.
"The achievement of twelve million man-hours without
a lost time accident continues to establish a new target
for the mining industry and re-enforces the shared
commitment of Apex and our Bolivian employees
to operating and safety excellence".
We are completing the determination of our second quarter
financial results, which will reflect a non-cash loss
of approximately $165 million for the quarter ended
June 30, 2007 related to our metals derivative positions
due to metals price increases in the second quarter,
and will issue our second quarter earnings release
later this week.
Apex Silver is a mining exploration and development company.
Its 65%-owned San Cristobal project is the world's largest
development in silver and zinc.
The ordinary shares of Apex Silver trade on
the American Stock Exchange under the symbol "SIL".
This press release contains forward-looking statements
regarding the company, within the meaning of Section 27A of
the Securities Act --- those in the forward-looking statements
can be found in the company's Form 10-K filed with
the SEC for the year ended December 31, 2006.
Contact:
Apex Silver Mines Corporation
Jerry Danni,
303-228-0336
Senior Vice President Corporate Affairs
Source: Apex Silver Mines Limited
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ & SIL - missions -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5810
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
For example 1995 reported, the Australian company -
AUSTPAC Gold, N.L. -
in a joint venture with COMIBOL -
is exploring the Escala Mines ore body -
in the southern Altiplano -
which shows great potential as a heap-leaching -
gold target -
Auspac of Australia - 1994 signed a $2.5 million -
joint venture with -
American Barrick Resources of Canada -
to take its Escala gold prospect -
to the feasibility stage -
Escala Mines -
at 4,000 meters (m) elevation -
The most promising gold prospects -
were the gold properties of Escala -
in the Los Lizpez zone of the Bolivian Andes -
Bolivia -
The Mineral Industry of Bolivia -
by Pablo Velasco - 1994 Reports -
American Barrick of Canada and
Auspac of Australia -
were drilling at -
Escala Mine in Lipez area -
http://minerals.usgs.gov/minerals/pubs/country/1994/9503094.pdf
Franklin Prepares Escala to Resume Operations -
Monday August 6, 8:40 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 6, 2007 --
Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News), through their wholly owned -
subsidiary, Franklin Mining, Bolivia S.A. -
has begun preparing to resume mining operations -
at the Escala Mine.
Franklin was granted the Escala Mine contract -
by the National Mining Company of Bolivia (COMIBOL) -
for $200,000 (USD) plus a guaranteed minimum capital
investment of $200,000 (USD).
In addition, Franklin will initially employ -
a minimum 20 local miners.
Franklin Mining, Bolivia S.A. -
managers and engineers completed their inspection -
of all infrastructure, equipment and facilities at -
Escala Mine -
and determined that all can be brought to satisfactory -
operating condition on schedule and within -
the agreed budget.
Necessary replacements for existing equipment as well -
as all required parts and supplies have been located -
and are scheduled to be delivered when needed.
Cleaning and restoration of equipment and other
physical assets is scheduled to be fully underway
within ten days and require an estimated thirty days
for completion.
Hiring local miners will also begin within ten days.
Included in Escala's infrastructure are all necessary -
utilities, roadways, offices and shops.
Fourteen houses are available for use by managers -
miners and their families.
Escala, a 2,000-hectare compound -
located in the Sud Lipez Province -
of the Department of Potosi,
was established during the Spanish colonial period -
and has, intermittently, been mined for -
lead, zinc, gold and silver.
About Franklin Mining, Inc:
Franklin Mining, Inc.
has mining and energy interests in the United States
and Bolivia as well as energy interests in Argentina.
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
http://www.franklinmining.com.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act ----
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.
For further information, please visit our website (www.franklinmining.com)
or contact our Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
Investor Relations contact:
A. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
http://biz.yahoo.com/iw/070806/0286630.html
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21831665
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21808005
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
Auspac of Australia - 1994 signed a $2.5 million -
joint venture with -
American Barrick Resources of Canada -
to take its Escala gold prospect -
to the feasibility stage -
Escala Mines -
at 4,000 meters (m) elevation in -
the Los Lizpez zone of the Bolivian Andes -
The Mineral Industry of Bolivia -
by Pablo Velasco - 1994 Reports -
American Barrick of Canada and
Auspac of Australia -
were drilling at -
Escala Mine in Lipez area -
http://minerals.usgs.gov/minerals/pubs/country/1994/9503094.pdf
Franklin Prepares Escala to Resume Operations -
Monday August 6, 8:40 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 6, 2007 --
Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News), through their wholly owned -
subsidiary, Franklin Mining, Bolivia S.A. -
has begun preparing to resume mining operations -
at the Escala Mine.
Franklin was granted the Escala Mine contract -
by the National Mining Company of Bolivia (COMIBOL) -
for $200,000 (USD) plus a guaranteed minimum capital
investment of $200,000 (USD).
In addition, Franklin will initially employ -
a minimum 20 local miners.
Franklin Mining, Bolivia S.A. -
managers and engineers completed their inspection -
of all infrastructure, equipment and facilities at -
Escala Mine -
and determined that all can be brought to satisfactory -
operating condition on schedule and within -
the agreed budget.
Necessary replacements for existing equipment as well -
as all required parts and supplies have been located -
and are scheduled to be delivered when needed.
Cleaning and restoration of equipment and other
physical assets is scheduled to be fully underway
within ten days and require an estimated thirty days
for completion.
Hiring local miners will also begin within ten days.
Included in Escala's infrastructure are all necessary -
utilities, roadways, offices and shops.
Fourteen houses are available for use by managers -
miners and their families.
Escala, a 2,000-hectare compound -
located in the Sud Lipez Province -
of the Department of Potosi,
was established during the Spanish colonial period -
and has, intermittently, been mined for -
lead, zinc, gold and silver.
About Franklin Mining, Inc:
Franklin Mining, Inc.
has mining and energy interests in the United States
and Bolivia as well as energy interests in Argentina.
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
http://www.franklinmining.com.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act ----
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.
For further information, please visit our website (www.franklinmining.com)
or contact our Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
Investor Relations contact:
A. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
http://biz.yahoo.com/iw/070806/0286630.html
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21831665
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21808005
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
The Mineral Industry of Bolivia -
by Pablo Velasco - 1994 Reports -
American Barrick of Canada and
Auspac of Australia -
were drilling at -
Escala Mine in Lipez area -
http://minerals.usgs.gov/minerals/pubs/country/1994/9503094.pdf
Franklin Prepares Escala to Resume Operations -
Monday August 6, 8:40 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 6, 2007 --
Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News), through their wholly owned -
subsidiary, Franklin Mining, Bolivia S.A. -
has begun preparing to resume mining operations -
at the Escala Mine.
Franklin was granted the Escala Mine contract -
by the National Mining Company of Bolivia (COMIBOL) -
for $200,000 (USD) plus a guaranteed minimum capital
investment of $200,000 (USD).
In addition, Franklin will initially employ -
a minimum 20 local miners.
Franklin Mining, Bolivia S.A. -
managers and engineers completed their inspection -
of all infrastructure, equipment and facilities at -
Escala Mine -
and determined that all can be brought to satisfactory -
operating condition on schedule and within -
the agreed budget.
Necessary replacements for existing equipment as well -
as all required parts and supplies have been located -
and are scheduled to be delivered when needed.
Cleaning and restoration of equipment and other
physical assets is scheduled to be fully underway
within ten days and require an estimated thirty days
for completion.
Hiring local miners will also begin within ten days.
Included in Escala's infrastructure are all necessary -
utilities, roadways, offices and shops.
Fourteen houses are available for use by managers -
miners and their families.
Escala, a 2,000-hectare compound -
located in the Sud Lipez Province -
of the Department of Potosi,
was established during the Spanish colonial period -
and has, intermittently, been mined for -
lead, zinc, gold and silver.
About Franklin Mining, Inc:
Franklin Mining, Inc.
has mining and energy interests in the United States
and Bolivia as well as energy interests in Argentina.
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
http://www.franklinmining.com.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act ----
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.
For further information, please visit our website (www.franklinmining.com)
or contact our Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
Investor Relations contact:
A. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
http://biz.yahoo.com/iw/070806/0286630.html
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21831665
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21808005
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
Escala Mine has been mined over for 400+ years.
Since the Colonial period -
RE: Q. - Wonder what's left in it?
The basic of mining =
the metals didn't came from the moon =
the metals came from inside of the earth =
the deeper down the mining goes =
wider veins and the richer the ore often to be mined =
Ex.
dd....
Franklin Prepares Escala to Resume Operations -
Monday August 6, 8:40 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 6, 2007 --
Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News), through their wholly owned -
subsidiary, Franklin Mining, Bolivia S.A. -
has begun preparing to resume mining operations -
at the Escala Mine.
Franklin was granted the Escala Mine contract -
by the National Mining Company of Bolivia (COMIBOL) -
for $200,000 (USD) plus a guaranteed minimum capital
investment of $200,000 (USD).
In addition, Franklin will initially employ -
a minimum 20 local miners.
Franklin Mining, Bolivia S.A. -
managers and engineers completed their inspection -
of all infrastructure, equipment and facilities at -
Escala Mine -
and determined that all can be brought to satisfactory -
operating condition on schedule and within -
the agreed budget.
Necessary replacements for existing equipment as well -
as all required parts and supplies have been located -
and are scheduled to be delivered when needed.
Cleaning and restoration of equipment and other
physical assets is scheduled to be fully underway
within ten days and require an estimated thirty days
for completion.
Hiring local miners will also begin within ten days.
Included in Escala's infrastructure are all necessary -
utilities, roadways, offices and shops.
Fourteen houses are available for use by managers -
miners and their families.
Escala, a 2,000-hectare compound -
located in the Sud Lipez Province -
of the Department of Potosi,
was established during the Spanish colonial period -
and has, intermittently, been mined for -
lead, zinc, gold and silver.
About Franklin Mining, Inc:
Franklin Mining, Inc.
has mining and energy interests in the United States
and Bolivia as well as energy interests in Argentina.
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
http://www.franklinmining.com.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act ----
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.
For further information, please visit our website (www.franklinmining.com)
or contact our Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
Investor Relations contact:
A. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
http://biz.yahoo.com/iw/070806/0286630.html
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21831665
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21808005
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
Franklin Prepares Escala to Resume Operations -
Monday August 6, 8:40 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 6, 2007 --
Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News), through their wholly owned -
subsidiary, Franklin Mining, Bolivia S.A. -
has begun preparing to resume mining operations -
at the Escala Mine.
Franklin was granted the Escala Mine contract -
by the National Mining Company of Bolivia (COMIBOL) -
for $200,000 (USD) plus a guaranteed minimum capital
investment of $200,000 (USD).
In addition, Franklin will initially employ -
a minimum 20 local miners.
Franklin Mining, Bolivia S.A. -
managers and engineers completed their inspection -
of all infrastructure, equipment and facilities at -
Escala Mine -
and determined that all can be brought to satisfactory -
operating condition on schedule and within -
the agreed budget.
Necessary replacements for existing equipment as well -
as all required parts and supplies have been located -
and are scheduled to be delivered when needed.
Cleaning and restoration of equipment and other
physical assets is scheduled to be fully underway
within ten days and require an estimated thirty days
for completion.
Hiring local miners will also begin within ten days.
Included in Escala's infrastructure are all necessary -
utilities, roadways, offices and shops.
Fourteen houses are available for use by managers -
miners and their families.
Escala, a 2,000-hectare compound -
located in the Sud Lipez Province -
of the Department of Potosi,
was established during the Spanish colonial period -
and has, intermittently, been mined for -
lead, zinc, gold and silver.
About Franklin Mining, Inc:
Franklin Mining, Inc.
has mining and energy interests in the United States
and Bolivia as well as energy interests in Argentina.
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information is available at
http://www.franklinmining.com.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act ----
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.
For further information, please visit our website (www.franklinmining.com)
or contact our Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
Investor Relations contact:
A. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
http://biz.yahoo.com/iw/070806/0286630.html
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21831665
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21808005
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
To 'vozmil' on 'SILVER (Ag) PRODUCERS' -
thanks good question -
SIL Schart TA - signal strong bull run -
SIL bullrun from 12.73 - 22.35 -
normal Fibonacci Fibs -
fib. correction 62% -
to about 16.8 -
next SIL bull to about +162% of prev. correction -
note. -
the higher volatility the better -
the higher it jumps in the end -
to negate the bull run SIL has to go below 12.73 -
I do see very low risk with the fundamental news -
good news SIL possible starting productions soon? -
dd....
http://www.apexsilver.com/home.html
Apex Silver Mines Announces San Cristobal Project Update
DENVER, Jun 07, 2007 (BUSINESS WIRE) --
Apex Silver Mines Limited
(AMEX: SIL) today provided an update on construction of
the San Cristobal project in southwestern Bolivia.
Construction activities remain on schedule for third
quarter 2007 initial production and sales.
All of the major mechanical equipment has been installed
and pre-commissioning and testing of processing systems
is nearing completion.
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - to fall down the cliff corrupt disgraced? -
Precious metals naturally take a relatively important -
part in the history of such an illustrious -
banking dynasty.
The fiorino d’oro, or florin, was minted in 1252 at Florence.
The florin was already internationally known and well -
respected during the fifteenth century.
This coincides with the heyday of the Medici’s as the most
powerful banking and political family in Florence and
possibly the wealthiest family in Europe during that time.
Their wealth, combined with their passion for art, turn
them into generous patrons of many Italian artists -
during that time.
This effort fostered a period of proliferation of artistic
achievement, later known as the Renaissance.
The florin is the focus of this article.
It’s a coin containing fifty-four grains of fine gold.
The coin has the city’s Latin name, Florentia, stamped on
its reverse side and the city’s emblem, lily, stamped on
its obverse side.
In terms of purchasing power, here is what the florin can
buy in about 1430’s:
* A "handsome palazzo" can be bought for a thousand florins.
* A maidservant costs about ten florins a year.
* A man can live very comfortably with an income of 150 florins.
* A "cashier" in the Medici bank is paid with forty florins a year.
* An "apprentice" in the Medici bank earns twenty florins a year.
* The Medici Palace was worth about five thousand florins.
One troy ounce in weight equals to 480 grains.
Assuming that gold has been remonetized and that gold’s
remonetized value is calculated in the manner proposed
by Jason Hommel:
equating current M3 value with current official US gold,
one gets a value of approximately $35,000/oz -
(= $9 trillion divided by 261 million ounces;
see Hommel’s “Im Insanely Bullish on Silver”)
This is an outrageously high value for gold!
But consider first, a “handsome palazzo” can be bought for -
a thousand florins.
One thousand florins has a gold content of 112.5 ounces
(= [1000*54]/480).
Remonitizing that amount of gold would equate to $3,937,500 -
(= 112.5*$35,000) of purchasing power today.
Today’s equivalent of handsome palaces
(“palazzo” is the Italian for palace)
would be luxury estate, which is usually defined in
the real estate profession as single-family residences
in excess of $1,000,000.
But many would be in the range of several million dollars.
Ten florins, which was a maidservant’s yearly salary back
in the days of the Medici’s, would equate to today’s $39,375
(= {[10*54]/480}*$35,000).
This roughly equals to CIA’s estimate of US GDP per capita:
$37,800.
Considering the IRS’ highest income tax bracket in the
recent years is in the range of $200,000 to $300,000,
a man can certainly live very well with amount of
gold contained in 150 florins.
If remonetized, 150 gold florins would have the
purchasing power of $590,625 (= {[150*54]/480}*$35,000).
The Medici Bank was considered the bank -
in the fifteenth century.
It was the most profitable organization in the Europe
during that time.
Certainly the bank’s cashiers and apprentices should
be relatively well paid.
An apprentice’s 20 florins roughly correspond to $78,750
(= {[20*54]/480}*$35,000) today. Goldman Sachs, arguably
the most prestigious investment bank on Wall Street today,
pays its analysts $55,000.
In addition, in good years the entry-level analysts
of a typical Wall Street “bulge-bracket” firm can easily
be rewarded with approximately $10,000 of bonus
(as some of my friends who worked there informed me).
This would add up to $65,000.
While I don’t know what a typical Wall Street investment
bank associate’s annual salary is, I do know that top MBA
programs are such banks’ favorite recruiting destination.
Therefore, the average starting salary of, say, a
Harvard MBA, should be a fair proxy of an associate’s
first-year income.
Since an associate is the next employment level of an
entry-level analyst in an investment bank, an associate's
salary should roughly reflect the Medici bank cashier’s
40 florins annual salary.
For the class of 2002, a Harvard MBA’s median first year
total compensation is $125,000.
This amount approximates 40 florins current purchasing
power of $157,500
(= {[40*54]/480}*$35,000).
Finally, the ultra-luxury real estate market routinely
sells at $38 to $75 million dollars as reported by a
recent Forbes survey of Most Expensive Homes in America.
The price of Medici Palace, 5000 florins, represents
today’s purchasing power of $19,687,500
(= {[5000*54]/480}*$35,000).
This is lower than the low-end of recent ultra-luxury
estate price range.
But considering the Medici’s purposely built their
main residence “far from grandiose” to avoid jealousy,
this “undershooting” of purchasing power should
not be surprising.
So, while some may have expressed objection at
Hommel’s projection of gold’s remonetized value of
$35,000 per ounce, such a price actually has some validity
if one uses it as a proxy for comparing the purchasing
power of gold between today and the Italian Renaissance.
Put it the other way, if we were to go back to the
tradition of using the real gold and silver as money,
an ounce of gold can buy up to $35,000 of goods!
What does all this mean for silver?
Others can and have written better articles than I do on
why silver is a better investment than gold, such as
silver’s supply deficit, industrial use, etc.
But the bottom line is, there may exist less above
ground inventory of silver than gold, thereby, making
silver potentially more valuable than gold if both
are monetized.
Assuming GATA is right, which I think so, that
the central banks have already leased out as much as half
of its 30,000 tons of gold, which implies 15,000 tons,
or roughly 480 million ounces, of gold remain in
the Central Banks’ vault?
However, the above ground silver inventory is estimated
at 200 million to 600 million ounces, with the average
estimate at 400 million ounces.
And due to silver’s supply deficit, this 400-million ounce
inventory is shrinking!
Do you see how silver can have the potential to exceed
even gold’s fabulous $35,000 per ounce projection?
By Yi-Chang Wang thanks -
history often repeat itself -
SIL has generated $100s of millions without to do
the hardrock mining, milling or processing! -
dd....
http://investorshub.advfn.com/boards/board.asp?board_id=5810
Franklin Awarded Third COMIBOL Contract -
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21774707
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - corrupt disgraced - 666fiatzbanksterz-9/11shame -
Bucky-scandal-debasement -
Silver to 8000 -
$8000 Silver in 15 Years
Rosen Blasts my Short Term Thinking
Silver Stock Report
by Jason Hommel, August 1, 2007
This month, I was honored to be interviewed by Maurice Rosen who publishes the Rosen Numismatic Advisory. It was a very good and comprehensive interview, with hard questions, and provides me a good occasion to send out an email, my first in over a month. Here it is: (with clarifications in parenthesis)
The Rosen Numismatic Advisory
--CONFIDENTIAL REPORT--
IN-DEPTH ANALYIS FOR THE RARE COIN INVESTOR
VOL. 32 NO. 5 AUGUST/SEPTEMBER 2007
Special Report, $25
WE INTERVIEW: JASON HOMMEL
"I think silver will head beyond $8000 an oz. in less than 15 years!"
LAST YEAR I INTERVIEWED JAMES TURK who talked about $8,000 gold. Now, I present you with a bizarre forecast of $8,000 silver. What's going on here? We'll have to read Jason Hommel's reasoning to find out, but I'll tell you upfront he's from the School of Hyperinflation Forecasting, not an especially enviable place to have learned how to manage one's money or to forecast the economy since the 1980s. Some of that institution's graduates have told their stories in these pages and been proven dead wrong -- so far. This latest graduate, all of 37 years old, goes a big step farther than James Turk who, by comparison, looks to have presented the far more moderate forecast. Turk talked of $400 silver. Hommel says $8000+.
You see, I need to challenge Hommel's prediction of hyperinflation engulfing the U.S. and the world for fear that you believe I joined the hyperinflation camp. But, what if he's right? Even partially right? Go back to the early 1970s when silver was $1.29. Who would then have believed that silver would soar to $52.00 in less than ten years, 40-times its starting price? The inflation we experienced then peaked at about 13%. I tremble to think of the inflation rate required for silver to go from $13 now to $8000. Can you imagine a $1000 face value bag of 90% silver coins valued at $5.70 million? A roll of silver quarters at $57,000? A lowly silver dime at $570? I can't. I assume you can't either. But Jason Hommel can. Let's read what he has to say.
----------------------------------------------------------------
MR: Jason, please give us a brief background of yourself and your career.
JH: I have a BA in Psychology from University of Colorado at Boulder. I developed an interest in gold and silver and made extremely successful investments in silver stocks. I started a newsletter in 2003 and now have 51,000 website subscribers. (55,000 now, on this free email list, and about 800 subscribers who pay for a monthly look at my portfolio.) I was the first analyst to regularly publish comprehensive reports on silver stocks. By the way, I am not solely immersed in silver. I analyze other metals and stocks, such as copper, nickel, zinc, molybdenum, and of course, gold.
MR: Let me start off by asking you why you insist that silver is so undervalued?
JH: Going back a century, virtually every major country in the world was using gold and silver as currency. Today, no country uses either metal as currency, yet gold has been hoarded by the central banks of the world, but not silver. In all of history nearly 5.0 bilion ozs. (155,000 tonnes) of gold have been mined with over 90% of that gold still existing. On the other hand, of the total 45 billion ounces of silver ever mined, about 9% remains, the rest has been consumed. Doing the math, the total value of existing gold equals about $3.3 trillion, yet for silver only $52 billion!. At the end of World War-2, total known stocks of silver amounted to about 10 billion ounces, with the U.S. government holding 4 billion ounces. Now, total stocks are down to well under one billion ounces, a reduction of about 95%, with the U.S. government's stockpile virtually gone. Silver's growing use in electronics since WW-2 has helped to dwindle those once-huge silver supplies. In this regard, looking to the future of China and other once-underdeveloped nations, their use of silver should expand greatly as their populations prosper and they join the "consumer age."
Besides all this, we have strong evidence of government manipulation in the gold market that has been going on since the 1990s. It is strongly suspected that the world's central banks have sold about one-half of their combined "reported" 33,000 tonnes (1 billion ozs.) of gold into the market to depress prices. Were it not for this selling, the gold price could well be $2,000 to $3,000 now!
MR: Here we are with silver at $13. In a report of yours dated 9/21/06, you state that silver will head beyond $8,000 an ounce in less than 15-years. To me, that's an unbelievable, even a potentially reckless, forecast. How in the world do you justify it?
(Report of reference: "Silver Summit Speech", September 21, 2006 http://www.silverstockreport.com/email/speech.html)
(Report of original $8000/oz. silver forecast: "Future Gold and Silver Prices", December 21, 2005 http://www.silverstockreport.com/email/Future_Gold_and_Silver_Prices.html)
JH: I've done a lot of work on how high the price of silver could go in terms of dollars. Considering how bullish I am for silver, it is actually reckless for me to be conservative with my forecast! Otherwise I would allow people who bought silver at, say $12, to sell at $25 and be happy that they doubled their money when, in fact, I am confident that silver will be going much higher. It's important to analyze not only the silver market but the market for dollars as well. That's what we are really talking about here -- the ratio between dollars and silver.
Many trillions of dollars have been created in just the past few years, but there is a time lag when those new dollars begin to affect the purchasing value of the dollar. We have had tremendous inflation since 1914. Yet, despite the higher prices we see today, inflation's full impact has yet to express itself. When you take into account all these trillions of new dollars and the trillions more that will most certainly be created in only the next several years, you begin to see the awesome potential of inflation's impact on the dollar and the price of silver.
Looking at gold, the price today would have to be about $45,000/oz. to fully back all the M-3 created money supply. If you include all bonds, then maybe there's only enough gold held by the U.S. government to back every $100,000 with an oz. of gold. Look at it this way, all the gold that exists in the world is worth about $3.3 trillion today. That is about the same amount of newly created paper money that was created worldwide just last year! China could easily buy over 2,500 tonnes of gold (which is one year's mine supply)--(78 million ozs.) by a diversification of about 5% of their U.S. dollar reserves. Add to this the U.S. government's enormous $70 trillion in unfunded liabilities (mostly Medicare and Social Security) and eventually this fraud of paper money will collapse, as all frauds do.
MR: Are you saying that this dollar collapse will occur within 15 years, hence $8,000 silver?
JH: The collapse has already begun since about the year 2001. Look at the value of M-3, a very broad measure of the nation's money supply. Today, that total is $12 trillion. Divide this by the price of gold and you will see in theory how many ounces of gold M-3 will buy. The point here is that the value of the dollar is declining faster than the rate at which it is being printed -- the very definition of hyperinflation! We've been in this situation for the last six years but almost no one recognizes or talks about it! People are still debating whether or not we even have inflation!
People are being defrauded by the government's phony inflation statistics. The actual inflation is at a rate of 10-13%, mirroring the creation of new dollars by the Fed. During this period, gold and silver have been rising in price at a faster rate than which these dollars are created -- the definition of hyperinflation. Therefore, what I did in that article where I talk about $8,000 silver is project that if silver appreciates at a rate of 50-60% per year for the next 15 years where will its price be.
MR: How realistic is it to expect silver to increase at a 50+% annual rate for 15 years?
JH: What I'm projecting is not a true growth rate but a decay rate for the dollar. The real, inflation-adjusted rate of increase for silver will be less than 50%, the difference will constitute the decay, or inflation, rate. Another way to look at this is that by the time silver is $8,000/oz., it will have the purchasing power of about $200/oz. today. So, it is a combination of those two forces -- the deflation of the value of the dollar plus the incrementally higher rate of the rise in the value of silver--that are at work here. That is actually the opposite of what we've seen for the 21 years from 1980 to 2001 when the price of silver went down while inflation continued to erode the dollar.
MR: But how realistic is it to use the period since 2001 to make your case that silver has to rocket to $8,000? I've seen too many projections like yours fall apart when made by gold and silver "experts" who used limited periods of study.
JH: That's a very good question. I haven't used only the experience of those seven years to make my case. Actually many commodities have risen greatly since 2001, some rising by ten times or more, for instance: molybdenum, uranium, cobalt, selenium, manganese and indium. Even lead has gone from 20 cents to $1.56. These are harbingers of monetary destruction, exactly what occurred during 18th century France under John Law, and 1914-1923 Germany.
I'd like to refer your readers to two interesting Internet articles. One shows some fascinating comparisons of the purchasing power of gold in 1430's Florence, claiming that gold now should be valued at $35,000+. Go to: http://www.gold-eagle.com/editorials_04/wang090104.html
The other is a 600-year chart showing silver historically vastly undervalued today. Go to: http://goldinfo.net/silver600.html
MR: How much investible silver exists?
JH: The vast majority of the estimated existing 4.0 billion ozs. of silver is in the form of jewelry, flatware, tableware, etc. The world consumes more silver annually --about 900 million ozs.-- than is mined each year, which is about 650 million ozs., the difference is made up by scrap recycling. What's left for investment amounts to some 300-600 million ounces which includes all pre-1965 dated silver coins and all the various silver medallions, bars and ingots made for investors.
MR: Much is made of the gold to silver ratio. Some analysts see the current 50-1 ratio falling to the so-called "historic ratio" of 15 or 16 to one, even less. What is your opinion?
JH: I absolutely agree. Decades ago when the ratio was comfortably in that 15 - 16 range, the world had some 15-16 times more silver than gold. That was when gold and silver were used as money. However, now there is far less silver around compared to gold, a fact not yet factored into the current silver price. Today the ratio is actually closer to five or six to one based on the amount of silver mined compared to gold. As the true scarcity of silver becomes known, and we are well on the way towards the public's recognition and understanding of the hyperinflation in progress, it is possible that in a "silver mania" stage for the silver-to-gold ratio to fall close to a one-to-one ratio, perhaps even to the point where silver is worth more than gold! I know this sounds incredible but history shows that great economic chaos can produce incredible market results.
MR: What forms of silver do you recommend for investment?
JH: My number one recommendation is to take physical possession of any silver you buy. That means not buying any contracts, storage receipts, papered "ownership" of silver of any kind. I can not overemphasize this requirement enough. I am certain that as this bull market progresses there will be many sad stories of good folks who will find out that they've been taken by bad firms. We are entering a potentially dangerous stage of the era of financial fraud. Don't make the mistake of correctly making an outstanding and timely investment in silver only to later discover that the silver you thought you owned doesn't exist! Those kinds of frauds happened in the 1970s and 1980s when silver rose from the $4/$6 level to $20, eventually to $50+. Imagine the awesome scope of fraud that could occur with silver going from $13 to $8,000!
For those with the means to buy a lot of silver, 1000-oz. bars are a good way to go. They weigh about 70 pounds and with the best hallmarks are very liquid. For less affluent buyers, 100-oz. sized bars of .999 fineness, also with quality hallmarks, are an excellent choice, as are the one-ounce rounds from various producers, and 90% pre 1965 dated U.S. dimes, quarters, and halves. I'd avoid the 1-oz. American Eagles because of today's high premium required to buy them.
MR: What do you say for the possibility of government attacks on silver and gold speculators? This could take the form of higher taxes, intrusive transactions requirements, limits on ownership, licenses, and labeling us as unpatriotic profiteers and hoarders.
JH: Anytime the government wages war against precious metals owners, it's the beginning of the end for that country's currency, and the government as well. We enjoy in this country a strong history of gold and silver ownership. There are thousands of coin shops across the land. Maurice, when you think of how relatively small is the quantity of gold and silver existing in this country, I think the government won't get involved. The $12 trillion in M-3 money supply that exists today will be soaring in the future, and even with the enormous gains I foresee for the prices of silver and gold the number of dollars will incredibly eclipse all the silver and gold that could possibly be confiscated or otherwise infuriate the politicians because some citizens own them. Still, if the government ever wages that war, silver will be well into the $1,000s, maybe $10,000/oz. and I wouldn't mind letting them buy some of my silver at that price, still holding on to the rest!
MR: Let's bring in the time frame from 15 years to six months. Where do you see silver then?
JH: I see silver easily at $30 by early next year. Gold should be over $1,000 maybe $1,200.
MR: $30 silver might not arouse the public, but won't $1,000 gold be a big event?
JH: We tend to think that because we're so isolated in our little world of precious metals and coins, but when the rest of the world sees gold going above the 1980 high of $850/$875, yes, it will be a breakout. It will cause some news and might push higher to that $1,200 area, but then people are going to back away from buying because gold will be as high as its ever been. They will feel they missed the boat, that the price is too high. The time when the public furiously buys gold probably won't start to occur until the price is well into the many thousands of dollars. By then, silver's price too will be measured in terms of four figures!
http://investorshub.advfn.com/boards/board.asp?board_id=5406
To 'vozmil' on 'SILVER (Ag) PRODUCERS' -
vozmil thanks -
RE:
I would like you to shed some light on what is special -
with SIL --
vozmil - SIL let's go back on to the history -
back to were SIL started and its directors -
management etc. -
Ex.
SIL - please find the link to info below -
http://sec.edgar-online.com/1998/04/09/17/0000927356-98-000566/Section6.asp
well the experience with the metal future contracts forward
selling by SIL -
Ex.
let's say the quantum funds were one of the wheels -
Quantum Industrial is the largest shareholder in Silver
Holdings. Mr. Soros is involved in the monitoring of
the Quantum Group of Fund's shareholding etc. -
http://www.sorostrading.com/
Ex.
SIL also has international financier were -
FMNJ has financial partnership assoc. -
Michael Comninos, age 66, director since April, 1997 -
An international financier, Mr. Comninos joined -
Ex....
N.M. Rothschild & Sons in 1954, becoming a Partner
in its corporate finance group in 1965, and, later,
upon the firm's incorporation as -
N. M. Rothschild & Sons Limited in 1970, a director -
Prior to his retirement in 1991, Mr. Comninos served as
the head of the firm's investment management division,
its credit division and for ten years served as
the chairman of N.M. Rothschild & Sons (C.I.) Ltd.,
the firm's merchant banking affiliate in Guernsey.
well, SIL has good shareholders, directors etc. and
FMNJ - is also on the right track -
Ex.
GDR Privée, a New York City investment bank -
is Franklin's financial consultant -
please dd....below info....
http://www.marketwire.com/mw/release.do?id=752819&k=fmnj
Ex.
the Sumitomo Mitsui Banking Corporation etc. -
for the purchase of the metal product -
Under terms of this contract,
Franklin is permitted to consolidate ore concentrates
from both its Cerro Rico and Pulacayo resources -
Japanese refinery companies recovering the Zinc -
will also pay for the silver content of the concentrate -
Additional information on Franklin projects can be found at
http://www.franklinmining.com.
Ex.
SIL has generated fiatz$ in $100 millions -
SIL has done forward selling metal futures contracts -
for the last 10 years -
SIL has generated $100s of millions without to do
the hardrock mining, milling or processing! -
dd....
http://investorshub.advfn.com/boards/board.asp?board_id=5810
Franklin Awarded Third COMIBOL Contract -
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21774707
Thanks for the interesting silver read -
http://silverstockreport.com/2007/rosen_interview.html
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - corrupt disgraced - 666fiatzbanksterz-9/11shame -
Bucky-scandal-debasement.
vozmil thanks for info about the link clitch -
please, find it corrected link info below -
FMNJ - fiatz$money is being generated from tailings etc. -
FYI.
Note. - Ex....
Franklin Mining, Bolivia SA Signs Zinc Contract -
dd....
http://www.marketwire.com/mw/release.do?id=715521&k=fmnj
SOURCE: Franklin Mining, Inc.
Jan 30, 2007 08:30 ET
Franklin Mining, Bolivia SA Signs Zinc Contract
Highlighted Links
Franklin Mining, Inc.
LAS VEGAS, NV -- (MARKET WIRE) -- January 30, 2007 --
Franklin Mining, Inc.
(PINKSHEETS: FMNJ) is today announcing having entered into
a contract for the sale of 50,000 tons of Zinc concentrate
at 47% minimum to a consortium representing multiple
entities in Japan.
The consortium, headed by a former Bolivian Ambassador
to Japan, is obtaining financing through -
the Sumitomo Mitsui Banking Corporation -
for the purchase of the product.
Under terms of this contract,
Franklin is permitted to consolidate ore concentrates
from both its Cerro Rico and Pulacayo resources.
Japanese refinery companies recovering the Zinc
will also pay for the silver content of the concentrate.
Additional information on Franklin projects can be found at
http://www.franklinmining.com.
Ex.
SIL has generated fiatz$ in $100 millions -
SIL has done forward selling metal futures contracts -
for the last 10 years -
SIL has generated $100s of millions without to do
the hardrock mining, milling or processing! -
dd....
http://investorshub.advfn.com/boards/board.asp?board_id=5810
Franklin Awarded Third COMIBOL Contract -
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21774707
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - corrupt disgraced - 666fiatzbanksterz-9/11shame -
Bucky-scandal-debasement.
FMNJ - fiatz$money is being generated from tailings etc. -
FYI.
Note. - Ex....
Franklin Mining, Bolivia SA Signs Zinc Contract -
dd....
http://www.marketwire.com/mw/release_html_b1?release_id=208862
Ex.
SIL has generated fiatz$ in $100 millions -
SIL has done forward selling futures contracts for the last 10 years -
SIL has generated $100s of millions without to do
the hardrock mining, milling or processing! -
dd....
http://investorshub.advfn.com/boards/board.asp?board_id=5810
Franklin Awarded Third COMIBOL Contract -
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21774707
Imo. Tia.
FMNJ - mission -
God Bless
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Ps.
Gold & Silver - The Only Real Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz or 666counterfeitz vs....
The old real dollar is the name of the official currency
in several countries, dependencies and other regions,
including Australia, Canada, the East Caribbean, Liberia,
Hong Kong, New Zealand, Singapore and the United States -
It is represented by the symbol $, placed before the dollar
amount (in French Canada, after) -
The dollar was also in use in Scotland -
during the 17th century, and there is a claim that -
it was invented at the University of St Andrews -
The name is related to the historic currencies Tolar,
in Bohemia, Thaler, in Germany and Daler, in Sweden.
The name thaler (from thal, valley) originally came
from the guldengroschen (great gulden, being of silver
but equal in value to a gold gulden) coins minted -
from the silver from a rich mine at St. Joachimstal
(St. Joachim's Valley) in Bohemia -
(now in the Czech Republic).
The name Spanish dollar was used for a Spanish silver coin,
the peso, an 8 real coin, which was widely circulated -
during the 18th century in the Spanish colonies -
in the New World -
The use of the Spanish dollar and the Maria Theresa thaler -
as legal tender for the early United States -
is the reason for the name of that nation's currency -
The word dollar was in use in the English language -
for the thaler for about 200 years prior to -
the American Revolution -
Spanish dollars, or pieces of eight as they were called,
were in circulation in the 13 colonies that became
the United States and legal tender in Virginia -
Bucky - corrupt disgraced - 666fiatzbanksterz-9/11shame -
Bucky-scandal-debasement.
Franklin Awarded Third COMIBOL Contract
Thursday August 2, 10:18 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 2, 2007 --
Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News) and COMIBOL -
(the National Mining Company of Bolivia) have signed an
agreement for Franklin Mining, Bolivia S.A. -
to assume operational responsibility of -
The Escala Mine -
Under terms of this agreement, COMIBOL -
will receive 30% of the profits,
with 20% to local miners' cooperatives -
and 50% to Franklin Mining, Bolivia S.A.
Escala, a 2,000 hectare compound located in
the Sud Lipez Province of the Department of Potosi,
was established during the Spanish colonial period -
and has, intermittently, been mined for lead, zinc,
gold and silver.
Tailings from earlier operations are included in this
new agreement; a single recent sampling from one tailings
dome revealed the presence of gold -
of an economically recoverable quantity.
Franklin Mining, Inc. -
and Franklin Mining, Bolivia, S.A. -
anticipate the receipts of Escala generated cash flow -
within 60 days following preparation of the work-site.
About Franklin Mining, Inc:
Franklin Mining, Inc.
has mining and energy interests in the United States
and Bolivia as well as energy interests in Argentina.
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas,
Argentina S.A. Additional company information
is available at
http://www.franklinmining.com.
DISCLOSURES: "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, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time 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.
For further information,
please visit our website
http://www.franklinmining.com
or contact our
Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
Contact:
A. Austin & Company
1-702-386-5379
Source: Franklin Mining, Inc.
http://www.marketwire.com/mw/release.do?id=757198&k=fmnj
FMNJ TA ST is trading above its 13 day moving average -
This is considered to be the sign of a bullish trend -
There is added weight to this indication because
the moving average is rising and suggests
that there has been buying interest in this stock.
http://investorshub.advfn.com/boards/board.asp?board_id=5406
Imo. Tia.
God Bless all
Ps.
Gold & Silver - The Money Standard =
not paper, not electronic credits, not chips and
not polo-ticz fiatz -
or 666counterfeitz -
history repeat itself.
The Silver from the 4824 m high Cerro Rico (Rich Mountain) -
once made Potosi the biggest city in the Americas -
and one of the richest in the world -
"I am rich Potosi -
Treasure of the world -
The king of all mountains -
And the envy of all kings" -
Legend on 16th-century Potosi -
Potosi - coat of arms -
http://www.boliviaweb.com/photogallery/potosi0.htm
Potosi -
the city which grew up at the foot of the hill -
was said the streets to be paved with Silver -
and became a byword for luxury and splendour -
At the height of its splendour -
in the 17th Century, Potosi was one -
of the largest cities in the world -
Cerro Rico, or "Rich Mountain" -
The Worlds Richest Silver Mine -
has been mined for more than -
- 500 years.
Indeed, so rich did Cerro Rico -
prove to be that the Spanish -
colonists dreamt of building -
a bridge of solid silver all -
the way from Potosí to Madrid.
Since the date mentioned until 1719 -
great bonanza periods have been reported -
for the quality of the mineral -
with ore contents between 1,500
and 9,000 silver ounces per ton.
http://tinyurl.com/uq8b5
http://whc.unesco.org/en/list/420
I AM RICH POTOSI:
The Mountain That Eats Men -
or is it - the el tio ? - 666 - That Eats Men -
the 666 bobo is a nono -
to normal Safety Standard Mining methods of precautions -
http://www.culturesontheedge.com/gallery/archives/potosi/index.html
History short snippet reflexion -
When the Spanish conquistadors first arrived in the new world -
in the 1500s, they were surprised to find a highly advanced
civilization the Aztecs of Mexico at one time their empire
stretched throughout central and North America.
Their capital city featured towering pyramids and beautiful
palaces.
But the conquistadors were shocked to discover that the Aztecs
practiced a barbaric religious ritual of human sacrifice.
In fact, the Aztecs, from ancient times to the 1500s, may have
sacrificed more people to their gods than any other culture
in human history.
When the great temple was dedicated in 1487, priests sacrificed
thousands of people in a single day.
The Aztecs sacrificed to all the gods and goddesses often
through bloodletting on the heights of the pyramids.
Again, we find that this was not a primitive culture compared
to the rest of the world at that time.
It was a highly advanced society of artists, craftsmen, and
priests. Yet they spilled more human blood tot heir gods
than any other culture in history.
One account by a Spanish conquistador tells of a skull rack
containing 136,000 heads of victims who had been ritually
murdered.
The Spanish were horrified. In response, they massacred the
Aztecs, tore down their temple and built -
a cathedral in its place.
Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin driven, paper sell off on the COMEX is over but physical supply remains limited while demand remains robust, particularly in China, India and wider Asia.
Knowledgeable experts continue to urge investors to own gold and silver due to the likelihood of much higher prices, currency and inflation risk.
One of the most respected global technical and macro strategists in the world, Robin Griffiths has said that silver and gold could rise to $450 and $12,000 per ounce respectively due to the debasement of paper currencies.
Dow Jones to Gold Ratio - 50 Years (Quarterly)
Griffiths was chief technical strategist with HSBC for over 20 years, has 44 years investment experience and now works for Cazenove Capital, one of the oldest investment houses in the world tracing its origins back to the 17th century. It manages money on behalf of blue blooded clients and is widely believed to manage some of the British Royal family's wealth.
When asked by King World News if his $350 target was a realistic price level for silver Griffiths stated, "That is absolutely not unrealistic. If you adjust the old all-time high for inflation...that gives you $450 for silver. Then you add in the fact that they are printing money, you can take it higher than that without any difficulty at all."
Dow Jones Industrial Average - 50 Years (Quarterly)
Griffiths told King World News that "Bulls (bull markets) are very successful at wobbling people out at the wrong time. "
Griffiths has previously said that not owning gold today is a form of insanity and "may even show unhealthy masochistic tendencies, which might need medical attention." (see here)
He has also critiqued the western media's superficial coverage of gold and their resort to Warren Buffett's ignorant comments on gold despite money printing and international currency debasement on a scale never before seen in history .
Meanwhile perhaps the leading commodity expert of our time, Jim Rogers, has said that silver was not and is not a bubble.
Regarding the recent price correction he said, "I don't know what caused it maybe it was short covering, maybe it was rumors. I have no idea." He continued "silver went down a great deal but if you raise margin requirements 150%-200% you would expect something to collapse," he added.
"I hardly see how silver could be a bubble when, even at its top, it's still below its all-time high. That's not much of a bubble."
If it goes to $150 this year, all other things being equal, then I'd say you better sell your silver. If it goes to $150 in 10 years then I would say that's a normal progression up and that's the way things work. But if the U.S. dollar suddenly turns into confetti then you better hold your silver at $200. So it depends on the circumstances and the timing more than anything else.
Since 2003, GoldCore have said that gold and silver would reach their inflation adjusted highs of $2,400/oz and $130/oz. Our estimates appear increasingly conservative especially given the fact that the official inflation statistics have been debased over the years and are not an accurate reflection of real inflation.
Predicting the future price of any asset class is impossible. Predicting that gold and silver will continue to protect against financial and economic shocks and crashes and global currency debasement is possible.
The current correction should be used as another buying opportunity in order to protect against the continuing extraordinary degree of macroeconomic, monetary and geopolitical risk in the world.
SILVER (Ag) PRODUCERS
& Related Juniors:
in no particular order
Franklin Mining, Inc. -
http://www.franklinmining.com/aboutfranklin/ourhistory.html
http://www.investorshub.com/boards/board.asp?board_id=5810
CDE Mission -
http://www.investorshub.com/boards/read_msg.asp?message_id=19737387
http://www.investorshub.com/boards/read_msg.asp?message_id=14119376
2005, Pan American -
increased its interest in San Vicente to 55% -
the Company also negotiated another toll milling
agreement with EMUSA -
under which ore will be processed at a nearby -
facility until the mill on site at -
San Vicente - is to be refurbished in 2006 -
www.ivarkreuger.com/metalcharts.htm
http://www.investorshub.com/boards/read_msg.asp?message_id=12004807
Atlantis in the Andes -
http://video.google.ca/videoplay?docid=-3316733253690634802&q=INCA+bolivia
Bolivia is the landlocked "heart" of South America -
http://www.investorshub.com/boards/read_msg.asp?message_id=15778588
http://video.google.ca/videoplay?docid=-5321262859749832389&q=INCA+bolivia
Looking down from the 6088m high summit -
of Huayna Potosi in Bolivia -
http://www.investorshub.com/boards/read_msg.asp?message_id=15778088
http://video.google.ca/videoplay?docid=-7631799111262366547&q=INCA+bolivia
http://video.google.ca/videoplay?docid=165116598393419221&q=INCA+bolivia
http://video.google.ca/videoplay?docid=3517786178230461443&q=INCA+bolivia
Silver LT following Rhodium -
Rh is frontrunner to Ag -
The Old Franklin Mines -
- has been trading above $100.00/share by Franklin Mines -
owned in US - still own them -
FMNJ - now also Cerro Rico interest -
- history often repeat itself -
http://www.franklinmining.com/Home/tabid/1215/Default.aspx
THE FRANKLIN WANTS YOUR:
SUPPORTS, Tia -
Amen
Franklin Mining, Inc. -
(OTC Pink Sheets:FMNJ - News), working through two
Bolivian subsidiaries, is today confirming that a
Letter of Intent has been signed with COMIBOL for
mining operations at - The Cerro Rico Mine -
in Potosi -
http://tinyurl.com/y54k7r
Silver - history - very Long Term LT oversold - undervalued -
the manipulation creates hardship for Silver miners worldwide -
in the future it will explode - the more manipulation -
the higher Silver will fly -
(to see the 600yearsilver chart chart - put your mouse arrow to the box -
use the right side -
button on your mouse -
click view image)
"We have gold because we cannot trust Governments."
President Herbert Hoover
dd....
http://www.publicgold.com/tryit
dd....
http://www.PublicGold.com/tryit.net
Biggest Scam In History -
(speakers on )
http://www.wtv-zone.com/Mary/FEDERALRESERVE.HTML
Video Info - What is -
Money, Banking and the Federal Reserve -
Link (on the left index-column) -
http://www.ivarkreuger.com
- are the banksters naked short selling? -
- US stock shares? -
- You to be the judge! -
SILVER Monthly Long Term -
http://www.mrci.com/pdf/si.pdf
SILVER Monthly Short Term -
This oscillator shows strength & weakness in the price movements
with highs being in the sell zone & lows being in the buy zone.
http://www.silverinstitute.org/news/index.php
First Quarter Silver News 2006
http://www.silverinstitute.org/news/1q06.pdf
Commodity Fundamentals -
http://www.apexsilver.com/home.html
Welcome to join and enjoy SILVER (Ag) PRODUCERS -
InvestorsHub forum...
tell us your opinion and
ask your questions...
Imo. Tia.
Brgds.
Bob
Precious Metals Spot Price's -
Silver Charts In Global Currencies
Australian Dollar British Pound Canadian Dollar
Chinese Renminbi European Euro Indian Rupee
Japanese Yen Swiss Franc South African Rand
updated weekly
http://www.goldrush21.com/
The Hebrew word for money is "keceph", which
is translated to mean "silver."
Silver Supply & Demands -
Banking cartel info -
http://www.netcastdaily.com/broadcast/fsn2006-1028-2b.m3u
Money Masters: Federal Reserve History part 1 of 3
http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy
Money Masters: Federal Reserve History part 2 of 3
http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy
Money Masters: Federal Reserve History part 3 of 3
http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy
Precious Metal Charts Page -
http://tinyurl.com/8bhho
Gold Bullion Weekly compared to fiat Currency Chart Page -
http://www.netcastdaily.com/broadcast/fsn2006-1118-1.m3u
http://www.netcastdaily.com/broadcast/fsn2006-1202-2b.m3u
http://www.netcastdaily.com/broadcast/fsn2006-1202-2c.m3u
A must see video clip on the Federal Reserve -
and the current state of the Dollar...
http://www.freedomtofascism.com/blog/2006/12/michael-badnarik-on-federal-reserve.html
Those who make peaceful REVOLUTION impossible will
make violent REVOLUTION inevitable.
- John F. Kennedy
Shut Down The Federal Reserve: Save America!
http://www.ipetitions.com/petition/AFTF_P_1/
†With God all things are possible†
by: todd h
ROB-TV in exposing the Gold price suppression scheme -
http://www.youtube.com/watch?v=GbPetrK_6Lc&mode=related&search=
Join GATA -
http://www.GATA.org.
Gold Show -
2007 Vancouver Resource Investment Conference
Vancouver Convention and Exhibition Centre
http://www.cambridgeconferences.com/
TIA.
Silver - LT Strong Bull Trend Started -
1st LT Bull wave - 1st correction -
4 more LT Bull waves to Go -
Gold - LT Strong Bull Trend Started -
1st LT Bull wave - 1st correction -
4 more LT Bull waves to Go -
(Elliott Wave 5-wave Elliott Pattern)
2007 Outlook for Gold and Silver -
http://tinyurl.com/ueno9
of GoldSeek.com and SilverSeek.com says that
dollar weakness could push up price...
Silver Brothers -
http://www.silverbrothers.com/index.html
THE FIRST GREAT GOLD RUSH began in 1971....
and Gold followed Silver Bull....
Second wave LT trend started - of the 5-wave Elliott pattern -
THE FIRST GREAT GOLD RUSH began in 1971...
gold prices ran from $35 to over $700, a twentyfold rise!
A decade later, prices settled near $300,
nearly a tenfold increase!
THE SECOND GREAT GOLD RUSH, Phase One began in 2001....
gold prices have run from $275 to over $675 (25% growth/year!)
Not bad, but this is still just the warm up phase!
THE SECOND GREAT GOLD RUSH, Phase Two begins in 2007...
gold prices are expected to climb above $750 this year!
If gold prices rise twenty-fold from $275,
that's a $5,500 peak price,
with gold settling near $2,750,
a tenfold increase and 400% higher than today's price.
Investing in Silver: Silver Has Enduring Value
http://www.sim.org/
http://tinyurl.com/y824mv
http://www.flw.com/merry.htm
http://www.victorious.com/reports/ccane.htm
http://www.vatican.va
http://tinyurl.com/365wag
Gold & Silver is Money = not paper, not electronic credits,
not chips and not polo-ticz fiatz666counterfeitz -
The Fiat Money System -
Dr. Bill Veith in studio w/ Alex Jones -
http://tinyurl.com/y3gdzh
http://www.ushistory.org/franklin/info/benshow.htm
http://www.ushistory.org/tour/tour_christc.htm
http://www.ushistory.org/tour/tour_fcourt.htm
http://www.ushistory.org/tour/tour_franklinsq.htm
http://www.ushistory.org/index.html
http://www.informationliberation.com/?id=12389
GATA WILL DEMAND TRUTH - ABOUT U.S. GOLD RESERVES -
Contributions may be sent to:
Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, Connecticut 06043-7541
USA
HON. RON PAUL OF TEXAS -
Before the U.S. House of Representatives -
The End of Dollar Hegemony -
http://tinyurl.com/uq9kf
The Financial System Is A Farce -
http://www.sprott.com/pdf/marketsataglance/10_2007.pdf
by Eric Sprott who spells it our clearly -
http://www.usaidbolivia.org.bo/
http://www.usaidbolivia.org.bo/US/PressReports.htm
The United States Mission in Bolivia -
http://bolivia.usembassy.gov/english/about.htm
http://bolivia.usembassy.gov/
http://www.rothschild.com/history/
Colorado And Utah Oil Shale Deposits To Rival OPEC Oil Reserves
May 2007 | Industry News
According to the US Geological Survey (USGS),
the oil shale deposits in the US are likely to hold
as much as 1.5 trillion barrels (bbl) of Oil & Gas ....
http://www.oilandgasinsight.com/file/45605/colorado-and-utah-oil-shale-deposits-to-rival-opec-oil-re....
Presbyterian Church (U.S.A.) - Joining Hands -
Illuminating the life of child miners in Bolivia -
http://www.pcusa.org/joininghands/stories/bolivia_cerror_rico.htm
God Bless You, and the USA missions -
http://www.youtube.com/watch?v=-Rnf7DS5YlQ
In God We Trust -
God Bless
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