Franklin Mining, Inc. (FMNJ)

[NYBob]

Bolivia's President -
Evo Morales -
has signed a decree -

- in a May Day speech, he said -

- the companies had six months
to re-negotiate their contracts
and urged them to -

"respect the dignity of Bolivians". -
is it fair to the people ? -

Brazil and Spain -
have both expressed concern at the move -

The main foreign oil firms operating in Bolivia
are Brazil's Petrobras, the Spanish-Argentine
company Repsol YPF,
British companies
British Gas and British Petroleum,
France's Total -

The Brazilian government
called the moves unfriendly and
said their operations in Bolivia
were under review -

The Spanish Foreign Ministry expressed
its deep concern and said it hoped
there would be authentic negotiations
and dialogue -

Bolivia has South America's
second largest natural gas reserves.

But the country has suffered years
of political crises over how to develop
and profit from the industry.

Evo Morales -
is voted in by the average Bolivian -
who has been ill treated to become poor -
in the past -

Evo said, the companies had six months
to re-negotiate their contracts and
urged them to "respect the dignity of Bolivians"
its up to You to judge the fairness of the
deal ? -
do your own DD --
don't rely only on - the news media - often
controlled by the same group? -

http://tinyurl.com/f4wnw

Note, the American companies have often always -
given 50% to the country they operate in -
like they do to Saudi Arabia etc.

http://en.wikipedia.org/wiki/Ibn_Saud
.