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At last, we see some light in the darkness. I almost had given up hope with this stock.
Its nice to see the website reporting what is happening with the company and unaudited financials for 2004.
How long should we wait, for the company to come out with the news. Its not worth too long, as other markets are growing.
Franklin is still modifying their website. But there is no news from the company, as to what is plan of action.
High volume!!
Huge volume today. Any reasons ?
Any news on this stock ?
Website is up and running with new design. Interesting to see what the company holds. Good news, that atleast website is up and running.
http://www.franklinmining.com domain is redirected to http://www.bizopiahost.net/.
What's happening with this stock. No news from the compandy for nearly a month.
CEO Releases 12-16 Month Outlook for Franklin Mining, Bolivia
Tuesday March 22, 11:41 am ET
SAN ANTONIO--(BUSINESS WIRE)--March 22, 2005--Franklin Mining Inc. (Pink Sheets:FMNJ - News) CEO Jaime Melgarejo announces the 12-16 month plan for Franklin Mining, Bolivia:
"Our 12-16 month outlook for Franklin Mining, Bolivia is as follows: We hope to have our equipment requirements in place by late second quarter or early third quarter of 2005 to increase production at Mayaya 1 to the 8-10 kilo per month production level. By mid fourth quarter 2005, we hope to start implementation of our second operation in Bolivia. We hope this will get us to the 16-20 kilo per month range. By early second quarter of 2006 we hope to start implementation of our third project. This project will most likely be in area on our other concession in a river dredging operation. We hope this project will put our total production level to about 120 kilos per month."
In other company news, the Web site is being updated this week. The new corporate address of Franklin Mining Inc. is 2764 Lake Sahara Drive, Suite 111, Las Vegas, NV 89117. The new corporate telephone number is 702-944-8972.
About Franklin Mining Inc.
Franklin Mining Company was established as a Colorado exploration and mining company in 1864. The Company incorporated on Dec. 1, 1976 and owns the Franklin Mines in Idaho Springs, Colo. In 2003, the Company shifted its focus and now operates from its headquarters in San Antonio. In 2004 the company opened a wholly owned subsidiary in Bolivia and has an active mining operation in Bolivia and acquired 95% Compania Minera Santa Catalina Ltda. in Colombia which has a concession of gold and copper ore.
For more information on this press release or Franklin Mining, please visit our webpage 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 and market acceptance risks, fluctuations in operating results 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.
Contact:
Franklin Mining Inc.
Terry Moran, 832-248-6211
Finally website is up and running, but the content is not updated.
It would be good for the company, if they could update the content very regularly, rather than just fixing the server problems.
Strategy Partners, LLC Ends Business Development Agreement with Franklin Mining, Inc.
March 02, 2005 08:01 AM US Eastern Timezone
IRVINE, Calif.--(BUSINESS WIRE)--March 2, 2005--Strategy Partners, LLC, an Irvine, Calif.-based consulting and investment advisory firm, announced that they would no longer provide business development services to Franklin Mining, Inc. (Pink Sheets:FMNJ). "We wish them continued success in their venture, but we have decided to focus our efforts on other projects at this time," stated Omar Rizvi, Managing Partner of Strategy Partners, LLC.
Further inquiries regarding Franklin Mining, Inc. can be made directly to the company at:
Franklin Mining, Inc.
2929 Mossrock, Suite 114
San Antonio, Texas 78230
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 and market acceptance risks, fluctuations in operating results 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.'s.
I am sure they would be updating their website.
Today's volume is good. Any news ?.
I have no idea, whether it is 500ounces/per day, week or month. But, I concur with you that it is small indeed.
Old news, but still worth looking at it, as CEO talks about, approx. how much gold they produce by June.
http://www.smallcapcenter.com/snapshot_news.asp?page2=shownewsrelease&oldpage2=&ticker=FMNJ&...
Will this stock ever move up beyond .004 ?. Also, volume seems to be on very low end.
I really don't why only Hoovers picked it up. But the news item was released by Business Wire, and Hoovers picked it from there.
Contact person at Tiger fund
Ryan Smith, 949-852-3588
ryan@tigerfund.net
January 14, 2005 04:42 PM US Eastern Timezone
Franklin Mining Retains Strategy Partners
SAN ANTONIO--(BUSINESS WIRE)--Jan. 14, 2005--Franklin Mining Inc., a development stage company engaged in the exploration, development and mining of precious and nonferrous metals, including gold, silver, lead, copper and zinc, is pleased to announce that it has retained Irvine, Calif.-based Strategy Partners, a business consulting firm and advisor to the Tiger Fund, http://www.thetigerfund.com, to assist the company in developing its corporate strategy during the fiscal year 2005.
"We are extremely excited about starting this relationship with Strategy Partners, a professional business consulting firm that has a highly talented team of corporate securities lawyers, investment bankers, financial advisors, marketing and business development personnel on staff. With their assistance, we are confident that our level of communication with our shareholders, our disclosure compliance and our investor relations will be greatly enhanced as we embark on the paths of precious metal mining and exploration in the countries of Bolivia and Columbia," stated Jaime Melgarejo Jr., president and CEO of Franklin Mining.
Franklin Mining retained Strategy Partners for the sum of $100,000, paid in the form of free trading common stock. Prior to this issuance, Franklin Mining had 714,170,875 total shares issued and outstanding, with approximately 423,452,960 restricted and 290,717,915 free trading shares.
About Franklin Mining Inc.
Franklin Mining Co. was established as a Colorado exploration and mining company in 1864. The company incorporated on Dec. 1, 1976, and operated the Franklin Mines in Idaho Springs, Colo. In 2003, the company shifted its focus and now operates from its headquarters in San Antonio and has active mining operations in Bolivia, near the city of La Paz, and has interests in precious and nonferrous metal properties in the United States and South America.
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 and market acceptance risks, fluctuations in operating results 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.
Contacts
Franklin Mining Inc.
Ryan Smith, 949-852-3588
ryan@tigerfund.net
www.franklinmining.com
That's correct. I could not find this news release anywhere else.
I am watching this stock for almost a year. And, I greatly appreciate all your effort in providing us as much information as we can get.
All I did was, search through the web and find information about FMNJ. Since, nobody posted the news release, I did.
And it reports that they have "ACTIVE" mining operations in Bolivia, near the city of La Paz, and has interests in precious and nonferrous metal properties in the United States and South America.
http://www.hoovers.com/free/co/news/detail.xhtml?COID=45601&ArticleID=NR20050114290.2_3e3d0008f9...
anuary 14, 2005 4:42pm
Business Wire
Advertisement
SAN ANTONIO--(BUSINESS WIRE)--Jan. 14, 2005--Franklin Mining Inc., a development stage company engaged in the exploration, development and mining of precious and nonferrous metals, including gold, silver, lead, copper and zinc, is pleased to announce that it has retained Irvine, Calif.-based Strategy Partners, a business consulting firm and advisor to the Tiger Fund, http://www.thetigerfund.com, to assist the company in developing its corporate strategy during the fiscal year 2005.
"We are extremely excited about starting this relationship with Strategy Partners, a professional business consulting firm that has a highly talented team of corporate securities lawyers, investment bankers, financial advisors, marketing and business development personnel on staff. With their assistance, we are confident that our level of communication with our shareholders, our disclosure compliance and our investor relations will be greatly enhanced as we embark on the paths of precious metal mining and exploration in the countries of Bolivia and Columbia," stated Jaime Melgarejo Jr., president and CEO of Franklin Mining.
Franklin Mining retained Strategy Partners for the sum of $100,000, paid in the form of free trading common stock. Prior to this issuance, Franklin Mining had 714,170,875 total shares issued and outstanding, with approximately 423,452,960 restricted and 290,717,915 free trading shares.
About Franklin Mining Inc.
Franklin Mining Co. was established as a Colorado exploration and mining company in 1864. The company incorporated on Dec. 1, 1976, and operated the Franklin Mines in Idaho Springs, Colo. In 2003, the company shifted its focus and now operates from its headquarters in San Antonio and has active mining operations in Bolivia, near the city of La Paz, and has interests in precious and nonferrous metal properties in the United States and South America.
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 and market acceptance risks, fluctuations in operating results 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.
Copyright © 2005 Business Wire
http://stocks.nightowl.net/info/story.cfm?storynum=895481
Franklin Mining, Inc. Announces That It Is Initiating Steps to Become Fully Reporting
Franklin Mining, Inc. (OTC: FMNJ) announces
that the Company has initiated it's plan to become fully reporting. This
will enable the Company to have the option of remaining on the pink sheets
or apply to one of the exchanges. An exchange listing can be very
advantageous to the Company but this move will not be made until all of the
requirements are in place and then only if management decides that it will
be beneficial to shareholders.
One of the necessary requirements for listing on an exchange is audited
financial statements. The Company is proud to announce that the audited
financial statements should be available by the end of the third quarter of
operations.
Franklin Mining, Inc. goals are to identify, acquire, develop and operate
mining properties of gold, silver and other metals in a number of targeted
areas. The Company plans to provide shareholder growth and stability
through developing identified prospects and acquiring existing mining
operations throughout the United States, Bolivia and Colombia.
Statements in this press release are forward-looking statements. Investors
are cautioned that forward-looking statements are uncertain. Actual
performance and results may differ materially from that projected or
suggested due to certain risks and uncertainties, including, without
limitation, risks associated with mining and milling operations, the
availability of capital on a reasonable term and the effects of government
regulations and operations risks. The forward-looking statements contained
herein reflect the Company's judgment as of the date of this release, and
the Company cautions readers not to place undue reliance on these
statements.
Contact:
Patrick Arnett
(281) 999-7721