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So, now they've moved from PR's saying "Preparing to Prepare" to Twitter posts saying "Preparing to prepare". Same ol' story, different stage.
No way this is actually at a penny.
Someone misplaced the decimal on their buy.
Hey Everyone, It's been well over a year since I last checked in. What did I miss? New Business Plan? I guess the plan didn't include "don't hemorrhage money that we don't have". I hear they're expanding to fail in even more places across the globe. Fantastic. Great to hear that everything is status quo.
Good times.
NEWS!
They are enhancing their preparation by increasing their productivity by 20%. Let me do the math here... 0 times 1.2 = 0 Sounds good, this thing will go to the moon! <insert additional ridiculous statements and claims here!>
From Yahoo Finance:
Franklin Mining Continues to Expand Bolivian Production Capacity at Joint-Venture Mining Operation
LAS VEGAS, Jan. 22, 2013 /PRNewswire/ -- FRANKLIN MINING, INC. (Pink Sheets: FMNJ) – CEO William Petty is pleased to announce the Company has committed to substantial further developments including enhancements to facilitate increased daily capacity of the joint-venture's recently completed 80 ton per day processing plant.
It is anticipated that once completed the expansion will increase processing capability to 100 tons per day; an impressive 20 percent increase from the original processing capability. Based on recent daily reports, Franklin anticipates achieving future daily processing of as much as 6 grams per ton of Ore.
It is expected that Mr. Petty will also participate in a full review of recently received plans for construction of a second processing plant rated at 550 ton per day.
"Developments are beginning to escalate quickly," stated Mr. William Petty, Chief Executive officer of Franklin Mining, Inc. He continued: "Upon return from Bolivia we expect to announce substantial and lucrative improvements which we expect will prepare the way for a quarter which thus far has continually been exceeding expectation."
The Company had recently announced that the initial results of La Joya's joint-venture mining operation have exceeded the initial expectation which were anticipated to yield within the range of 5.0 grams per ton. The initial results acquired, from the approximate 1,100 tons evaluated, indicates that the gold content present will be a substantial 20 percent higher, at an impressive 6.0 grams per ton.
About Franklin Mining, Inc. – Franklin Mining, Inc. is a publicly 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.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
Mart you beat me to the punchline. I was going to say that I was preparing a memorandum of understanding... Understanding that there will continue to be NO revenue.
I have read that the La Joya was previously a fifteen year supplier of 8,000 tons per month of product to Empresa Minera Inti Raymi SA as well as a supplier of product to Battle Mountain Gold when they were operational.
When I see a statement like that, over the years of reading FMNJ's PR's I can immediately see the failure point in that statement:
It's likely if they haven't been operational there will probably be environmental issues or something BS like that, which will take more money and time.
It would be dreamy if I'm wrong...
Energy Management President Howard Dunn. Isn't Dunn the Vice President of Operations for International Mining at Franklin?
The thing that I don't understand is, why would a company from China, the leading producer of Antimony, want to buy antimony from 1/2way around the world?
Mining, Mining, Mining.
Whatever,
They've put up pictures on their website 2 years ago when they were "mining". I don't know if they really are or not. And it doesn't really matter. I don't care if they have a mountain of silver, gold and antimony 100 feet tall and 200 feet wide. If they don't get money for it then it don't mean nothin'
Show me the money.
P.s. Good to see you True. It's been awhile.
There is one difference. The word preparing is nowhere in the PR. For once they are actually prepared. LoL
"...With our Commercialization License, we are now prepared to begin providing international marketing resources for Bolivia's mine owners and operators."
That was mainly a joke for the old-timers on the board, but to quote George Santayana, "Those who cannot remember the past are condemned to repeat it."
While past performance does not guarantee future results. To completely dismiss it would be foolish IMHO.
Don't get me wrong. I'm not bashing, but after four years at a gain of -99.55 excuse me if I've become less than optimistic.
Oh, that must be the reason that they didn't fill that zinc contract with japan 3 1/2 years ago (yeah right, it had nothing to do with the fact that it was most likely a hoax!):
Franklin Mining Inc. Signs Zinc Contract
Tuesday, 30 Jan 2007 08:31am EST
Franklin Mining Inc. announced that it has 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, the Company 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.
What do y'all think of this part of the newsletter?
In addition, Franklin has this week assigned a purchase agreement with the Chilean company PRIMASUR to Raptor. This first purchase agreement of antimony tailings is expected to generate gross revenues in excess of $700,000.
Royal,
Keep in mind, "Starting Operations" is no indication of "Making Money". Remember they've got pictures on the website of their operations at Escala. As we know from past history mining doesn't make money. Selling the stuff that is mined makes money.
The events are all good and fine, but they don't mean a thing until something is taken to the market and sold.
In advance I'm going to echo the "POS" Statement. But, IRT to the Pinksheets, FMNJ posted their quarterlies yesterday, so perhaps that warning will go away and they'll move back up to "Transparent" in the near future.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=fmnj#getFilings
I love the putrid green color of the new website. It matches the color my face must have turned when I read that part about 100 gajillion-bazillion shares in the memo.
Awesome. I really am feeling the "benefit to the company." My concerns about my percentage of the company are definitely taken care of. Thank goodness.
The good news is that I'm only down -99.66% whats another 65 billion between friends.
Have a great day everyone! I know I am!
News... Taken from yahoo:
Planet Resource Recovery and Franklin Mining Enter Into MOU to Deploy Planet's Green Enhanced Mining Technologies
HOUSTON, TX--(Marketwire - 10/26/09) - Planet Resource Recovery, Inc. (PLANET) (Pinksheets:PRRY - News), developer, manufacturer and marketer of PetroLuxus(TM) and other "Green" technologies for the remediation and recovery of the planet's resources, and Franklin Mining, Inc. (FRANKLIN) (Pinksheets:FMNJ - News) execute a Memorandum of Understanding (MOU). The proposed venture is for the deployment of Planet's new enhanced mining technology that can accelerate the recovery and monetization of precious and semi-precious minerals on an environmentally-friendly platform.
Planet has been developing a new environmentally-friendly platform for the harvesting of minerals utilizing proprietary compounds coupled with unique technologies processes. This new platform is geared to segregate metals at the mine site rendering target metals into a more pure concentration resulting in cost-savings and higher commodity pricing at point of sale.
Franklin is a partner in a three-party joint-venture in Bolivia known as the Escala Mina I. This 500 hectare concession from the National Mining Company of Bolivia (COMIBOL) is being prepared for the mining and recovery of silver and zinc. Franklin also operates Bolivia's San Antonio de Turiri, a privately owned antimony mine.
The MOU calls for a three-phase scale up:
Phase I - consists of applying PLANET's metal recovery to multiple 10 lb samples of FRANKLIN gravity concentrated ore samples and assay resulting byproducts at commercial labs.
Phase II - Upon successful completion, PLANET and FRANKLIN address the issues of equipment requirements.
Phase III - Upon successful deployment and completion of the recovery and joint sale of over 200 tons of metals, FRANKLIN and PLANET negotiate and enter into a revenue sharing formula from the sale of metals.
Both companies anticipate the rapid execution of Phases contained in the MOU and will report as the projects progress.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc (the "Company") has developed a proprietary product known as PetroLuxus(TM). The Company manufactures and markets PetroLuxus(TM) which represents a disruptive technology for use in petrochemical industries. PetroLuxus(TM) is comprised of a series of compounds with a wide array of applications, all of which benefit from its unique ability to dislodge hydrocarbons from organic and inorganic materials. The Company's Phase I revenue approach is comprised of three distinct business units: i) Environmental Remediation ("ER"), ii) Enhanced Oil Recovery ("EOR") and iii) Strategic Business Combinations.
PetroLuxus(TM) is a "Green Technology." It is a non-toxic, nonflammable and environmentally friendly method of separating hydrocarbons from both man-made and naturally occurring materials. PetroLuxus(TM) truly is a Disruptive Technology. It will disrupt currently accepted best practices and change the way hydrocarbons are being managed and harvested throughout the world. Founded in 2005, the Planet corporate offices are located in Houston, Texas. For more information visit: www.planetresource.com or www.petroluxus.com.
About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia. Additional information is available at www.FranklinMining.com.
Safe Harbor Statement
Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital. Planet takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Planet.
Contact:
Company Contact:
Enrique M. Salinas III
281-996-5315 ext. 3006
Email Contact
Media Contact:
Rod Mitchell
281-350-5506
Email Contact
Today's News:
Copied from Yahoo:
Franklin Mining Appoints Charles Gregoire de Rothschild to be Special Advisor to the Board
* Press Release
* Source: Franklin Mining, Inc.
* On 9:03 am EDT, Thursday October 15, 2009
*
Companies:
o Franklin Mining Inc.
GDR Privee Will Design and Structure Franklin's Capital Acquisition Plan
LAS VEGAS, NV, Oct. 15 /PRNewswire-FirstCall/ - Franklin Mining, Inc. (Pink Sheets: FMNJ - News; FWB: FMJ), an exploration stage mining company with interests in Bolivia, is pleased to announce the appointment of Charles Gregoire de Rothschild as Special Advisor to the Board of Directors. He will personally advise Mr. William Petty, Franklin's Chairman, on all matters pertaining to the financial markets as the company seeks to expand its Latin American operations. Mr. de Rothschild will also support the company's search for additional capital, lending his International financial expertise to Franklin's current efforts.
"I am pleased to be working with Mr. Petty. I am very impressed with both the quality of the projects he has presented and with his perseverance in building his company," commented Mr. de Rothschild. "I believe the potential for Franklin's mining projects is huge and I look forward to supporting their full development."
"Franklin is pleased to have Mr. de Rothschild's guidance and direction as we move toward our goal of expanding our base of mining operations in Bolivia and as we look toward other mining projects throughout Latin America" said Mr. Petty, Chairman of Franklin Mining, Inc. "I believe that Mr. de Rothschild's success in helping growing companies achieve their financial goals will benefit Franklin as we begin to reach the level of becoming a major International mining company."
Mr. Charles Gregoire de Rothschild, Chairman, GDR Privee, Inc, an International Boutique Investment specializes in financing. For additional information, please contact Charles Gregoire de Rothschild, GDR@GDRPrivee.com.
About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia. Additional 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.
CONTACT: please visit our website (www.FranklinMining.com) or contact our Investor Relations Department, (210) 525-1267
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=k9IPV0YhZFoxL3pmHt9vrQ%253d%253d&CorpName=FRANKLIN+MINING%2c+INC
That extra 9 billion should keep us firmly anchored to .0001 for awhile.
Really, lets not get to exited about reports and PR's. It doesn't matter if there's a 100 million-gajillion dollars worth of minerals in the ground or who says it. If they can't get it out of the ground, process it and sell it, who cares?
This is classic FMNJ. So quit waiting your time getting excited about anything. Unless it says, "We made money today." it really doesn't matter does it? With this rich history of BS PR's and never actually making a dollar, I don't think Hype is going to make the pps move (especially with the # of shares out there)
Just my opinion. Have a great day all.
I think someone made a mistake and posted that as a PR instead of a Twitter update.
I have one little joy from this stock. When it goes up to .0002 it is up 100% but when it goes back down to .0001 it is only down 50% so it "sounds" like I'm winning.
I wouldn't get too excited. When they say "Recording Revenues" I'm pretty sure some guy is just going to say the word "Revenues" into a tape recorder. See, ambiguity is what makes FMNJ so much fun!
I'm not buying that they are planning on buying...anyone remember this oldy, moldy PR?
Franklin Mining, Inc. Executives Considering Stock Buy-Back Plan
Posted on: Thursday, 1 February 2007, 09:00 CST
Franklin Mining, Inc. (PINKSHEETS: FMNJ) Executives and Board Members are conferring with corporate legal counsel to prepare a plan for the buy-back of shares. The plan, if approved, will not be effective until after cash-flow from recent contracts has been established. The timing of the buy-back and the exact number of shares will depend on market conditions.
In releasing this information, Jaime Melgarejo, Jr., Franklin's CEO said, "With the addition of our new Zinc contract in Japan and a pilot plant being relocated to the Pulacayo Tailings work site, we are confident we have sufficient resources in place to consider a buy-back of shares plan along with several other plans by which the corporation's $30 million tax loss carry forward can best be utilized for the benefit of shareholders."
According to the International Lead & Zinc Study Group (www.ilzsg.org), Zinc's worldwide demand is expected to continue outpacing supply for the next several years. And with the London Metals Exchange's spot market quotation recently hovering near $1.59 per pound (www.lme.co.uk), Franklin is projecting gross revenues of $1,646 (USD) per metric ton.
The tax loss carry forward was previously discussed in the February 22, 2006 press release "Franklin Mining Reports $30Mil Tax Loss Carry Forward" available at our web site, www.franklinmining.com.
About Franklin Mining, Inc.
Franklin Mining, Inc. has interests in the United States, Argentina and Bolivia which include a wholly owned subsidiary, Franklin Mining, Bolivia, as well as 51% interest in Franklin Oil & Gas, Bolivia and 51% interest in Franklin Oil & Gas, Argentina.
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 check out our website www.franklinmining.com
Contact: Investor Relations: Mr. Andrew Austin 1-702-386-5379
SOURCE: Franklin Mining, Inc.
So, the fun points that I picked out:
They are preparing to assess their plan.
They are very proud to have dug up big pile of rock. Which is apparently prepared to be processed (but they didn't actually say that.)
Happy freakin' new year everyone. Looks like we've fallen out of the gate after '08
News:
Franklin Announces Reorganization
Tuesday November 18, 12:30 pm ET
LAS VEGAS, NV--(MARKET WIRE)--Nov 18, 2008 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News) announces the reorganization of its business structure and top management effective Tuesday, November 18, 2008, splitting its mining and energy divisions and appointing Howard Dunn, PE to the position of President, Franklin Oil & Gas Division. Mr. Paul Baker has been appointed to direct Mining Operations in Bolivia.
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"As President of our Oil & Gas Division, Mr. Dunn will be responsible for the oversight, coordination and development of Franklin's GTL project in Argentina. Mr. Fernando Infante, Franklin Mining Executive Vice-President will work with Mr. Dunn on energy issues." Mr. Petty's remarks on Franklin's top management realignment continued, "Howard and Fernando will work directly with Dr. Isaac Rahmim, President, E-MetaVenture, Inc. as we expand and strengthen our Oil & Gas Division."
"Mr. Paul Baker, a career mining executive with a thorough understanding of the industry in South America, has assumed responsibility for on-site management and coordination of all mining operations and logistics for our joint-venture Escala I project in Bolivia." Mr. Petty added, "Paul has been a mining consultant to Franklin since mid-2007 and I am pleased he has agreed to be our on-site manager as Franklin moves forward with our capital investment plan for the Escala."
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 is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas International S.A. Additional 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, 702-386-5379.
Wow, > 1 billion volume today. Hmmmm probably only around 3 billion shares left, better get yours while supplies last (but if you don't get them, fear not, they'll print 4 billion more I'm sure)
News:
Escala Joint-Venture Capital Equipment Plan Ahead of Schedule
Wednesday November 12, 10:20 am ET
With Equipment in Place, Daily Processing Will Begin
LAS VEGAS, NV--(MARKET WIRE)--Nov 12, 2008 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News) Chairman and CEO William Petty has confirmed that the company's Bolivian joint-venture mining project anticipates accepting delivery of the first of several trucks during the week of November 24, 2008. Additional units will be received in following weeks. Manufactured by Volvo, fifteen ton trucks will be used to transport the Escala's stockpiled mined material to a nearby processing plant.
ADVERTISEMENT
"Multiple daily deliveries from the Escala to a Potosi processor will begin immediately with this first truck. By the time remaining trucks are in use and we've had time to workout all of the kinks in scheduling, Escala's weekly gross revenue should be in the range of $18 - $20,000 (USD), per truck." Mr. Petty continued, "I expect we'll hit our stride with local deliveries and local sales by mid-December and will continue that schedule until our first pre-processing plant reaches maximum daily capacity. When we begin daily deliveries of pre-concentrate to the Potosi processor, we'll realize an increase in gross revenues."
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 Oil & Gas, Inc. and Franklin Mining, Bolivia are wholly owned subsidiaries. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas International S.A. Additional 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, 702-386-5379.
Contact:
Contact:
A. S. Austin & Company
Investor Relations
702-386-5379
http://www.FranklinMining.com
I agree to disagree.
IMHO the web site isn't what is going to turn things around much less make much of a difference for FMNJ. I agree that an initial impression is a lasting one, but I don't think it makes much difference in this case.
GO PHILS!
Treppy, I wouldn't get to excited about the new website. The last time there was a new website release, about a year or so ago, it was incredibly underwhelming. Besides, it's just a website, a way to convey information to the public, no big deal.
So, how many shares have to be printed and sold to raise that money? That should really help out the share price. This thing is going to take off any minute...yeah right.
I don't see this as anything good or bad. I don't know why they release these PR's that don't say anything. Most of the info in the PR is old news. Is there a PR quota they have to meet for the year or something? Eh, well we're in the green at this very minute so I'm not complaning....
Somebody put me out of my misery... I think someone posted this link a few months ago. I suggest you bookmark it.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=k9IPV0YhZFoxL3pmHt9vrQ%253d%253d&CorpName=FRANKLIN+MINING%2c+INC
I agree. The way this is worded it is impossible to determine if they mean $6mil then or now. But regardless, it's definitely more than 0.
My only bet is that we're not going to have any real movement in share price for a few weeks.
Did that increase in shares ever happen? I still haven't seen anything filed for an increase.
I haven't seen anything showing another increase in shares... Last amendment ( I think) was 7/21/08 up to 5.5 Billion.
News:
http://biz.yahoo.com/iw/080813/0424665.html
Franklin Expands Scope of Assay Analysis at Escala
Wednesday August 13, 9:57 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 13, 2008 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News) Vice President of Operations for International Mining, Howard Dunn, P.E., has advised the Franklin Board of Directors that based on the excellent results of the Escala Mine's tier II sampling results, additional samples to extend the potential mineralized area and confirm earlier tests have been prepared and submitted for precious metal evaluation. A preliminary report following laboratory analysis is expected to be received from SGS Lakefield Research Limited within three weeks.
In addition, provisions for mineralogical and hydrometallurgical flotation studies are anticipated to be complete within 10 days. These studies will help define the grind size, associated mineralogy and metal associations, and treatment necessary to provide marketable concentrate materials from the Escala Mine. Further information on the Escala Mine, including initial assay reports, is available at www.FranklinMining.com.
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The Escala Mine was established during the Spanish colonial period and has been mined for lead, zinc, gold and silver. In 2007, Franklin Mining, Bolivia (a wholly owned subsidiary of Franklin Mining, Inc.) negotiated an agreement with the National Mining Company of Bolivia (COMIBOL) to resume mining operations within the area of the original concession.
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 is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas International S.A. Additional 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, 702-386-5379.
Contact:
Contact:
Investor Relations
A. S. Austin & Company
702-386-5379
Source: Franklin Mining, Inc.
I'd have to do a little research to prove this hypothesis, but, it seems like the trades you're talking about seem to happen over a week or two after they increase the numbers of shares. Since they've been printing about 1/2 billion or so nearly every month it probably wouldn't be too hard to go back and see if that pattern is true... Perhaps I will investigate that tomorrow.
If I had a dollar for every time that someone said tomorrow or next week is the big day, I'd have half of my money back! Letter of Intent Schmetter of Intent. Show me the money... and trust me, it won't be tomorrow (but wouldn't it be dreamy if I was wrong!)