is close to bankrupcy
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What is this?
Hi looneystocks! Is there any English version of this news?
Can any one post share structure of Aphria? Thx in advance.
'Martucciisalwaysscum' Today I visited this board after so many years. Im surprise to you and some other veteran still hopeful for some miracle to happen.
I want to know what is the source of your new born confidence? If I may ask. I'm impressed with the website and old man has retired. The new replacement does not generate any confidence because of lack of any mining experience. However he is young. That is apparently the only qualification.
It is OK now. Read whole letter. There is nothing solid. Same old same old plans and promises.
Very good suggestion. Thx
I bought last year 7 contract $65 Jan 2014.
I'll prefer revenue at this stage. Forget about profit at this stage. Still if they show any, that will be great.
It is not only production but cost of production matters too. At today's prices of Gold even Darrick is under stress. Still I'm sure even revenue income will propel this stock to a respectable level.
The best indication of having some real progress on the ground should be supported by lots of buying by insiders. Since that is not happening here I doubt there is any interest from MMs at this stage.
Wow! 150 shares sold and it's 36% down.
No way I can get answer to your valid questions. I just shared today's PR with the board. Past experience tells us about the reality. But who knows se day might give us surprise.
Franklin Mining Confirms Daily Processing
Mon, Jul 15, 2013 9:05 AM EDT
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FMNJ 0.0123
Planned Additional Expansion Expected to Achieve 350 Ton per Day
LAS VEGAS, NV (eTeligis via ACCESSWIRE) 7/15/2013 9:00:00 AM - FRANKLIN MINING, INC. (OTC PINK: FMNJ) (FMNJ) Chairman and CEO William Petty is pleased to announce that the Company's processing plant in Oruru, Bolivia is consistently meeting its previously announced goal of daily processing.
Gold content of recent processing remains in the range of 6.0 grams per ton, an impressive 20% above initial expectations. "On the ground" inventories at the plant and mine-site are currently approaching 10,000 ton. The 6.0 gram per ton content rate is expected to remain constant.
Despite recent weather and equipment delays, the Company has initiated a second, larger expansion program expected to allow daily processing to reach up to 350 tons per day.
About Franklin Mining, Inc.
Franklin Mining, Inc. (http://www.franklinmining.com) is a publically traded international exploration and mining company, headquartered in Las Vegas, Nevada, with offices in Santa Cruz, Bolivia. The Company adheres to the highest standards of quality and efficiency by optimizing the Company's resources through a system which places the preservation of the environment among the Company's top objectives. Franklin Mining, Inc. endeavors to find value in fields in which the projects can be explored and exploited while contributing to the socio-economic and cultural development of its society. The Company has developed model mining operations through safe, cost effective and innovative technologies. Franklin Mining Inc. has purposed to uphold a great social commitment and respect for the environment while creating a robust value for its shareholders, employees, and the region within which it operates. Additional information can be found at the Company's corporate website: www.FranklinMining.com.
I would like to sell sell my half a million shares? Waited too long but am not sure why such a volume today. any sane advice pl.
In penny plays big volume means big gains. Today's volume seems like a lost of interest and may be u are right those who made $$s yesterday, they are watching from the fence now.
My friend a stock with 286,000,000 outstanding should have much bigger volume.
Plus such a low volume on the 2nd day of trading for a stock with huge OS, does not sound right.
$400.00 took this 146% up. Didn't see even this much appreciation investment in a long time. It can't be insider rather some unsuspected individual who got tricked by latest PR.
Wow. Who is this guy. I'm waiting to see insider buying if there is any solid news in pipe line. Let us hope it is 1st indication.
Most of the pink sheet companies are famous for signing MOU's (Memos of Understandings. At least this IS a valid/binding contract with a well established Insurer. JIMHO
SWVI is now almost same share price like CYIG but volume is more than 7 million compared to 100K here. This company is much better financially as compare to SWVI. Something mysterious. What the owners of the company are thinking?
May be people do not trust reports from China.
50% less than share book value.
I agree one 100% with you. Still some mystery surround all this. May be being a Chinese company, management is too cautious else it may catch attention of US official and get black listed. That way their dream of entering into US market will be in danger. With such a tight trading one can get caught in a situation where selling become nightmare. JIMHO
Sorry! I meant, if it is so, it can't be a pump and dump stock.
with 100 million sitting in treasury. This tell me that the company perhaps lack game plan and if it is, it can be a pump and dump stock. That is sure.
any idea about share structure apart from out standing ones. What are authorized shares? If they are selling then why they came into the market and promotion.
very strange. This company could have make millions. The way it trades it look like that the management has some other plans. Otherwise for such a company with strong financials at these prices should have tens of millions of shares so far.
247,836 total volume and 37000% up. Was any body here able to buy any shares?
Following is part of today's PR that seems like the President and company Geologist have tried to save their back in case Securities commission comes after them. That is what I could understand. Please correct me if I'm wrong.
"The Company has not undertaken any preliminary feasibility study or preliminary economic assessment with respect to the Property and does not intend to undertake such a study or assessment prior to making a production decision. There are significant risks associated with making a production decision without a valid, current, economic analysis and the Company may subsequently determine that production from the Property is not economically feasible."
imanjen13, u ask to remove the TU Jerk. Can u help me since I do not see anything of the sort on my screen Or it has been removed already?
sorta, u touched borderline obscenity....hahahahahahahahah
Mart, you have coined a self explanatory new term in mining.
GF, as long as there are words like......highly anticipated.......consider this as it has always been. No excitement at all since we have seen numerous such PRs. Therefore cautious is advised. We old timers have lot of our hard earned into this b/c of such bullish B#@%t and do not wish any other unsuspecting individual get trapped. Rest depends upon one's own gut feelings.
You may be right. Anyway it has recovered at the end of the day.
Who sold 529K shares on this supposedly bullish day for stock? Instead insiders should be buying at least.
Usual story from fleeced investors of Penny Stock. Classic pump and dump and story ends there. I lost lot in chasing money in these stocks. This time I restrained myself from jumping into this. I think I have become matured investor now.
Wise move. Lucky u are.