Franklin Mining, Inc. (FMNJ)

[silver_bars]

>>>>>>> Silver reserve estimations for Cerro Rico....

Conservative estimates for Cerro Rico's current Silver reserve run around 250 million oz. ... while some estimate the Silver reserve to be as has high as 2 billion oz. ... the truth is nobody really knows accurately what current Silver reserve of Cerro Rico actually is, becuase, the mine has never been subjected to an extensive modern exploration drilling program... however, according to NERC, Cerro Rico is estimated to still hold approx. 5 times more Silver than any comparable Bolivian depsoit...

http://www.nerc.ac.uk/publications/documents/pe-wint04/cerrorico.pdf



SILVER RESERVE ESTIMATE VALUES FOR CERRO RICO AT $11.70 SILVER... (does not include any value for the TIN reserves);


* 250 million oz. Silver at $11.70 p/oz = $2,925,000,000.00

* 500 million oz. Silver at $11.70 p/oz = $5,850,000,000.00

* 750 million oz. Silver at $11.70 p/oz = $8,775,000,000.00

* 1 billion oz. Silver at $11.70 p/oz = $11,700,000,000.00

* 1.25 billion oz. Silver at $11.70 p/oz = $14,625,000,000.00

* 1.5 billion oz. Silver at $11.70 p/oz = $17,550,000,000.00

* 1.75 billion oz. Silver at $11.70 p/oz = $20,475,000,000.00

* 2 billion oz. Silver at $11.70 p/oz = $23,400,000,000.00


SILVER RESERVE ESTIMATE VALUES FOR CERRO RICO AT $50.00 SILVER... (does not include any value for the TIN reserves);

* 250 million oz. Silver at $50.00 p/oz = $12,500,000,000.00

* 500 million oz. Silver at $50.00 p/oz = $25,000,000,000.00

* 750 million oz. Silver at $50.00 p/oz = $37,500,000,000.00

* 1 billion oz. Silver at $50.00 p/oz = $50,000,000,000.00

* 1.25 billion oz. Silver at $50.00 p/oz = $62,500,000,000.00

* 1.5 billion oz. Silver at $50.00 p/oz = $75,000,000,000.00

* 1.75 billion oz. Silver at $50.00 p/oz = $87,500,000,000.00

* 2 billion oz. Silver at $50.00 p/oz = $100,000,000,000.00


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Silver Bells, Silver Bells....
http://www.always-safe.com/silverbells.html