My July 19th post is showing some truth. WSJ & gold value spike following S&P downgrade.

Next step comes from the result of production (that has begun) and earnings.

One thing you'll also see is when minors like this get production rolling they have the assets for further exploration, so don't just count one project. FMNJ has several in the works. Petty has a unique position to take this farther than any others in Bolivia and around SA.

Hey, guys/gals, my screen name is Lotto1. It's beginning!

Agreed

Bonds are the safe haven now. That and guns.

At least FMNJ was one of my best performing stocks today!

Sun don't shine on the same hogdog's tail all the time!

Now, that's funny!

I am glad to see others see the pieces coming together here. No doubt it takes some creative positioning to be allowed to play with an uniquely exclusive opportunity. There is no doubt in my mind this will be a wise choice for those with patience. Patience and persistency from Petty got FMNJ to this launching pad. I don't think it's time to start counting down for take-off, but those in at today's rate will see a good lottery win at some point!

The assets are proven--something much better than a wild guess like the investments that Mark Twain lost his tail on.

Bleep on!

Anyone know why the 52-week range shows 0.0001-0.0175? It used to be the high was 0.0002. IHub have inaccurate info often or was there a weird bleep?

Nice article. FMNJ could be that Junior. I think we may be seeing some credible news links tying FMNJ's position as a formidable "junior" shortly.

So, anyone realize where gold is? If Bolivia has the natural resources and Petty has a limited JV nobody else has (exemplified results shown by teddibears 7/8 post about activity in Bolivia with Morales), combine it with a gold license (shown by press releases), stir in a little social motion (similar to the link from my earlier post from 7/8) over long term and Petty's earned social position (Navy General and good timing with Peru's recent access), what happens if you have the world's largest gold mining company with proven reserves? I dunno, number one right now is at $35B in market capitalization. Wait, Franklin does something other than gold? Anyone seen other minerals Franklin does? Anyone realize it involves more than minerals? Is Bolivia really sitting on the reserves the Spaniards exploited with ancient access?

Right place or I wouldn't be playing. Timing may show. I am interested and have been in the right place at the right time before. Thanks and kudos to you veterans who have traveled the path.

Okay, newnubie, hogdog, looneystocks, etc., you have created the foundation of hostility founded in rightful disappointment from expected short-term return. Now, let's do a little lesson in the real stock logic.

The term is not over. It may still not be short, but there is a turn approaching.

More proven reserves, limited rights, social strategy, strong international market, debt cycling with the dollar, and more, put this company in the right place.

Production has begun.

Okay, so take just the world's largest market cap in gold. Put 200B shares into 34.5B market cap and you have a .1725 stock. That's just gold and only a fraction of the potential in gold alone if you understand the reserves in Bolivia. Try adding silver, zinc, tin, and add a little gas.

The indicators are here now. Yes, you can give me the history about your disappointments, but the storm is coming together.

That's why I'm in, and yes I hear you. However, this is the exact type of penny that interests me. I have seen these win before but seldom with these ingredients in a more demanding market at an opportune time.

I'm hanging on. I win more than lose and have lost more than most of you have played.

When WSJ announces this just make sure you are liquid enough to buy fast.

What happens if US debt negotiations don't proceed toward maintaing AAA? Gold goes up. Minerals improve across the board. What happens if this is when Petty announces production and reserves with his JV? Is anyone aware of our debt negotiations? Even if they raise the ceiling, the debt will drive minerals and resources.

I'm here and can lose but generally don't.

To my fellow optimists, Katie, bar the doors!

Be ready.

You may be right. Just got tired of negative and said too much. I apologize for the rant.

Significance of loss is determined by perspective. Hogdog, you're in the wrong game if your feelings got hurt. You must be not only willing, but able to lose, with a little more humility. Sorry about your loss--only in how it affected your perspective. You must have gotten in more than you were willing to gamble. Poor choice.

Evaluate your risk in the future against the gain. The part you didn't weigh great enough was the potential for loss. You feel stung and we understand, young man, as some of us have been there and stopped carrying the pain of our loss forward.

I'm sorry you found yourself in the wrong game. Three years? Really? Try 25 years--more ups and downs across more industries, international changes, oil crisis', prime rate jumps, bank failures, etc. than you could comprehend. The game of high reward for high risk has pain for players who are poor gamblers. You over-bet and lost. Walk away but enjoy the lesson and grow from it.

Really, walk away. Peacefully or be brave and show your colors more. Most won't care now.

Walk away.

You still have pride so I doubt this will be your end. That--pride--is what makes your pain wish to attempt to kill FMNJ now. Poor loss, kid.

Imagine, dream, risk, and never fail yourself by playing outside your means. If you have nothing to lose, DON'T bet!

The game is still on. FMNJ does have potential. Yes, it could lose, but many key indicators still exceed the pain you've converted into negative promotion.

Okay, so imagine this. Let's say Bolivia had some of the world's greatest natural resources (stretch?--walk away). Agree to that and note that other international investments are out of Bolivia (not a stretch). Okay, so JV agreements don't always work but those in place here appear to be with the right sources and exclusive (wrong? Maybe I lose but I understand risk). Okay, so you have a hatred for the FMNJ leadership? You have no clue what it takes to build. Want 100+% return on your money due to someone else's efforts? Be willing to lose 100% of your money or go make your own creation. You wouldn't be looking at pennies if you didn't think you could be some superstar.

You aren't.

There are other factors can't be mentioned here. Sell your last million shares, call this one a loss, and find another game. Live a happy life without revisiting your losses. Remembering your failure her could be valuable, but only if you ever get over the sting.

Sometimes you lose when nobody was targeting you. Your failure here was not as if there were a target on you. You just lost.

You've gone beyond your ability to try to save anyone. You're actually kind of like the kid who dropped his ice cream off the cone.

I'm not better than you. Just tired of your whimpering. If you can't stand to lose a million + in a day, what makes you qualified to gain that in a day?

Sounds like teddibear, crazyjerry, and I are in the same boat with similar dispositions! I am also confident there are more assets to follow that haven't been discussed. Petty's taken some abuse while building this, but big things don't come easy and he's definitely not a quitter.

20M shares here too. It may be a lottery ticket, but at least it comes with a story.

Agreed. This link kind of points out a "rule book" from 2002.

http://siteresources.worldbank.org/INTOGMC/Resources/largemineslocalcommunities.pdf

Conversely, it is imperative to point out, in response to Evo Morales' intentions in the April article, the news from late April of the JV with the Bolivian cooperative (falls uniquely in line with May 1st timing in that article). The importance in this is reiterated on the June 22nd memo from Petty that stated "first-ever joint-venture agreements between a US company and a Bolivian cooperative." It continues by saying the agreements have been extended 20 years.

Could it be possible that Franklin finds itself in an even better position and that Evo Morales' intentions result in more favorable positioning for FMNJ with these agreements?

Just saying... "Bird-cat seat anyone?"

Christoba, looks like your post got truncated at 6. Still have or willing to share what followed?

These are the things I'd enjoy seeing more in these posts. Your insight appears to be a great deal more than what all my Google searches seem to get.

I am in this to see the victory and am patient.

My screen name, Lotto1, comes from me treating FMNJ as my lottery ticket and I'm confident in the odds! :)

Been watching this board a few months. Learned a lot about expectations, interpretation, patience (and lack thereof), optimism, pessimism, deflated dreams, and more. Thanks for all that.

Finally got a screen name today (although I liked newnubie).

I'm in the optimistic seat. Way I see it now there are too many agreements with activity to see this stock go any further South. I'm confident production reports are briefly ahead.

Can someone tell me how a market value increases with a 27B share float unless someone buys $2.7M at .0001 first? How do we get the float decreased before or near the time production is reported? Isn't the float always the first seller?