Franklin Mining, Inc. (FMNJ)

[silver_bars]

A government study calculated a $118 million subterranean mine burrowing into the Cerro Rico could produce 266 million ounces of silver over 25 years, churning through 54 million tons of ore graded at 182 grams per ton.

A more roundabout solution is being sought by U.S. firm Asarco, which is finishing a feasibility study aimed at using loose surface material around the 23-million-year-old mountain. Their blueprint predicts silver production of 4 million ounces a year for 12 to 18 years based on throughput of 5,000 tons a day and an investment of $48 million.

http://www.latinamericanstudies.org/bolivia/silver.htm


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Silver Bells, Silver Bells....
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