Franklin Mining, Inc. (FMNJ)

[goldman1]

I just sit here and shake my head at the lot of you....

Financial you need to start taking more of an active stance in regards to the postings of the company...

Getting a contract on the Cerro Rico is the most difficult part with Comibol. If you know any geologist ask them about that Mountain....ask them how many years Mining companies have been trying to get their hooks into it...easy part!!!That is the best joke I heard today....you guys are really missing the boat...FMNJ did something no other company did...that is get entry into that mine...

That contract alone probably has a value of 50 million alone right now not going another step... I be willing to wager if they went and shopped that contract they would get a major jump at it...

That does not even take into account the MOU on the GTL plant...
Theirs is the only MOU granted where the gas is guaranteed for the project...I talked to an energy professional and asked them what value would the majors put on these items... he told me that the value of the MOU is about 15 million... If they get it to contract that would increase about 10x's... If they get the financing for the project...worth double...and if it gets into operation 5-8 times cash flow... if you all know any energy professionals ask them... When you have the President of YPFB telling the Country that Franklin is going to help Bolivia industrialize their gas... That is huge....

So the real answer is the company does not have to cash flow to have value...the contracts represent a heck of alot of value because of the actual resources that is behind these contracts..

So lets not talk stupid anymore...

Now Positive things...

Company has MOU on GTL plant...probably get to contract soon...according to last interview...

Company has Contract with COMIBOL...for some veins in the CERRO RICO mine...

Negatives...

Company is still pinksheet....
Company funding for future projects...
Bolivia has the image of a high risk area..

Potential Positive in future...

Company become reporting and moves up to major exchange...and this company could just on the contracts....

Start talking seroius guys not bullshit....

When this company gets off the pinks...don't be surprised of all new set of scenarios...like potential buyout by a major..

Remember Bolivia sits on the 2nd biggest gas reserves in South America...Bolivia sits on huge Mineral deposits...

Nothing they have accomplished has been easy, if they were on a major exchange they would probably be a 4.00 stock..

By the way...did you guys ever hear about companies losing contracts because they let to many details get loose prior to signing...just to have a competitor come in and take it from under them...that does happen in the real world...remember due to SEC regulations what they tell us they have to tell the whole world including the competition


This is just my opinion....do your own dd....

That seems to be the problem...you guys are not doing it...just talking bs...