Franklin Mining, Inc. (FMNJ)

[momentumtrader]

I bought into this company first on Wednesday.
It looked like it was forming a decent base.
I have been looking for investments in undervalued gold and silver mining companies. This sector has been extremely hot due to prices in gold and silver. This companies market cap is approximately 30 million which is cheap for this space.
The volume has been strong through this last 2 week consolidation period.
I bought a lot more shares right before the close because the stock was clearly breaking out of this consolidation period with higher then average volume.

Barcart has a 96% buy on this stock
http://quote.barchart.com/texpert.asp?sym=FMNJ

These technicals look very good on this stock.