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Sorry for the second reply, but there are 750 million tons. How much silver is in each ton? what is the recover cost?
You people do the math..
And that is only silver...
I have a hard time believing you are only 24, nice try.
Delete this message if you must, but that would mean you discovered this company at the ripe old age of twenty or nineteen. You must be a boy genious.
Look at the dates of this boards initiation and the claims of our board moderator.
Something is very dishonest here and it's not the management of FMNJ....
I spoke with management earlier and explained to them that I thought their various comments on the tonnage (on the ground in the mountain???) was confusing. I think this announcement helps to clarify some of that. The Escala project is a project that will should provide cash flow for numerous years.
Just my opinions.
Can we please stop the politics. If I tell F.A. he is an A-hole a million times because we have different political beliefs, is he finally going to agree with me? No.
Likewise, if F.A. tells me the same am I going to finally see the light and agree with him? No.
I will chastise our so called "board moderater" for indulging in political depates. Remember how unopinionated and unbiased he is supposed to be.
Can we keep the conversation to FMNJ and related topics
In my opinion we are on the brink of a great investment and I believe in management. Call me stupid.
Congratulations, an almost unbiased statement
Some updates on the website. Nothing overly exciting and nothing about gas or outside financing
Or $60,000
In all seriousness, 250 million market cap is absurd. I believe it is a legite company and Mr. Petty is a man of integrity, but I hope to make some bucks on emotion.
I will let you know when I get out. It will be bit by bit, nothing huge.
We have a long way to go before I even think of getting out.
I will be glad to leave the overeducated thinkers like F.A. to wonder why. He forgot to factor in something in the open and free market this great nation still has, which is emotion and sometimes irrational momentum which leads to unpredictability. If it were so simple, everybody would be rich. I will be glad to be lucky not smart.
Nor was my 2.1 miilion purchase at .0055
I'm still making money, so keep complaining
"Fair market value", not "fair value" they are very different..
I don't think you will here of any cash flow numbers until the fall of this year, but I've waited this long...
Website has been updated...
Website indicates another latter will be out today....
I don't know what he said, he is on ignore, and I delete his posts instantly if they do make it through. I always suspected Sortgreen was a lightweight.
Anyhow, I called the company today and we should be getting another letter/release this week.
I am suprised fmj did not have a lot of action.
I invested when there was 38,000,000 shares, so what...
Some of the statements were thrown in for yours and everyone's amusement, but you second to last statement was blatant, B.S.
Have fun.
That's a lie...
You don't know any insiders who are making money.
Now, you are treading on dangerous ground.
I printed that last statement.
O.K., we know the facts, and we all can't handle it (in your opinion). Move on, you are a bit boring..
Look, I don't care how many shares are outstanding, whether this is the biggest pump and dump scam of all time or whether they are sticking sticks of dynamite in babies rear ends so they can crawl into the gold mine tunnels and set off exposives.
All I want is to make some money on great stock appreciation.
You probably have never met with the company's management, been to Bolivia or anything else like that. Nor have I. It's just an investment.
The more reliable the management is, the fewer the shares, the better the likelyhood of stock appreciation. I agree.
I don't know why you would not want stock appreciation, unless you need to prove yourself right (for your F.A. investor course) since you got out a long time ago, or you have other motivations. Once again I don't care whether you live or die or any of your motivations.
I beleive in the present management, their integrity and if more shares were issued, it was for a good purpose.
Again, it would be nice to feel good and invest in the most enviromental sound company with great management, but in the end all I really care (like everybody else) is a return on my investment.
I wouldn't know anything about Bolivia if it weren't for this investment.
Get off the negative, so we can all make money. That's why we are here....
It's not the truth, we all understand what our investments are, its just your one-side bashing at predictable times. Don't you moderate the board.
You should be above opinions, like MSNBC, haha.
Right on time as usual, F.A. to trash the stock when it goes up. Typical.
I just want to thank you for all your wisdom and saving all of us with your great pearls under the guise of just representing all sides.
You saved us once again with you no income, billion shares posts.
A big thank you.
Is this a ghost siting? How's the duck?
What's a BM. Not up on all the abreve.
No you haven't on either case. The lies are making this message board unreadable.
Can we stick to more informative and less imaginative posts
I believe 80,000 shares sold at .15 at the spike.
People need to get informed.
I could not have liquidated my investment (much smaller than all the insiders) at the peak or at .08 for that matter.
No dump occured, do some research moron.
What's GM's earnings per share this year???
Well said...
You sold nothing a couple of days ago.
Anybody who has any brains, listen.
I am the longest investor, probabaly have more shares and communicate with the company more regularly than anybody who posts here.
I know very little.
Most people here know nothing. Some of you are informative regarding minining, mineral content and the like, but the rest is all nonsense.
Buy, sell or hold, the choice is yours.
Speculation on board memebrs and their affiliation with other companies is just that, speculation.
He is doing a great job.
This thing is moving fast, i.e based upon Bolivian standards, but things are good.....
2008 WILL give everyone their oportunity to get in or out...
Press Release
Franklin Prepares to Expand Scope of Escala Mine,
Mining Operations to Include Copper
Tuesday, February 12, 2008, 8:30am Eastern
LAS VEGAS, NV (MARKET WIRE) Franklin Mining, Inc. (Pink Sheets: FMNJ News; FWB: FMJ) CEO, William Petty, confirms he has authorized an immediate expansion of mining operations at the Escala Mine to include the extraction and recovery of copper.
One of the more exciting portions of Dr, Arancibias report following his January trip to the Escala was that as he, several of our managers and our engineer explored each of the mine shafts, they agreed there are economically viable quantities of copper that can be extracted along with our focus on silver. Mr. Petty continued, Historically, the Escala has not been known as a source of copper. The copper is there, just never before has it been taken in serious quantities; however, in todays market, it appears weve discovered an economic opportunity that cannot overlooked and I have asked Dr. Arancibia to reallocate every possible resource to include copper in our extraction and recovery operations as soon as possible.
Additional information on the quantities and values of minerals available to be taken from the Escala is found in Mr. Pettys Letter to Shareholders dated February 8, 2008; the letter is available at www.FranklinMining.com. Two other Letters from the President are planned this month, the first of which could be released as early as Wednesday, February 13.
About The Escala Mine: Comprising three separate mining applications, COMIBOLs Escala Mine concession totals 2,000 hectares located in the Sud Lipez Province, near Bolivias border with Argentina. Franklin Mining, Bolivia has been awarded a contract to mine 500 hectares within the original concession. Escala II and Escala III mining applications are currently assigned to another company.
The original Escala Mine was established during the Spanish colonial period and has been mined for lead, zinc, gold and silver. In 2007, Franklin Mining, Bolivia negotiated an agreement with COMIBOL, National Mining Company of Bolivia, to resume mining operations within the area of the original concession.
About Franklin Mining, Inc: Franklin Mining, Inc. holds mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia 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.
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.
Sincerely,
Lina Klingshirn
Shareholder Services
A.S. Austin Company Inc.
Direct:(619)334-5644
Fax:(619)599-8041
asaustincompanyinfo@yahoo.com
Who cares. If you did work helping dying children in your neighborhood, somebody would complain.
Too, many local newspapers with too little to report.
Thanks Bill Petty for all your efforts.
JM was basically told to leave. I think this is actually good news regarding him and may be great news getting other financially skilled individuals involved. We can only hope.
I guess they didn't want this to be a surprise for the newsletter.
I would also bet that JM's shares are restricted and none will enter the marketplace any time soon.
I think management needs to assure investors of this.
If you invested in Fmj.f, you made a bundle today. ???
Couple of pretty new pictures on the website.
That is correct. Don't expect revenues until spring or late spring. Sorry, just a likely reality..
I don't pay either. I haven't spoke to Bill in a couple of months.
I think this next run will make that one look like nothing. Just my opinion.
You need to remember that a billion of the shares (although unbelievable in amount) are restricted and not in the market. However, there still are a billion out there which is huge. Time will tell.
I await a second bite at the apple.
Justlikeone knows what he is talking about, obviously. The rains should not matter and Mr. Melgarejo has been suspended indefinately.
I look forward to the next coming weeks.
I hope I am right, but I have been wrong for the last four years..., except for one time in May 2006, which wasn't taken advantage of....