Franklin Mining, Inc. (FMNJ)

[NYBob]

Complete Silver depletion by May 2007 -
Taken from an article:

One of the exciting things about Silver is the drawdown in
inventory, which is accelerating.

On Wednesday another 838,801 ounces were withdrawn,
leaving 99 million ounces.

Dealers in the registered category gave up 631,727 from
the registered category as 207,074 left the eligible stocks.

Over the past two months 9 million ounces have disappeared.

At the present rate of withdrawal Comex will be out of inventory
by May 2007.

Then there is no more.

http://www.gold-eagle.com/editorials_05/rosen080506.html

http://news.goldseek.com/InternationalForecaster/1155000000.php

This consumption currently does not consider any other ETF's
coming online between now and May 2007.

Imagine if one ETF comes online between now and then
and its even 25% as successful as Barclay's.

Imagine if the Canadian one is launched by then?

This all of course speculates on the new ETF
being one where physical bullion is stored versus
derivative instruments -

when we can expect world silver to run out? -

Based on the math, maybe a mistake in one assumption:
The Silver Report from GFMS

• Says this is the 17th straight year that supply
has been running at a deficit to demand.

• Supply =mine output + recycled scrap

• Total demand 864.4 million ounces

• Total mine supply 641.6 million ounces

• Total scrap supply 187.3 million ounces

• The deficit is 35.5 million ounces per year

• In world stock we have 222.8 million ounces

• If we assume the ETF eats another 70 million ounces, then
(222.8- 70)/ 35 deficit/yr = 4.35 years before stock piles of
silver COMPLETELY run out

• The last bullet assumes, foolishly, that the demand for silver
will not grow greater over the next 4.35 years.

• You should see the smile on my face right now.
Maybe 4 years to Longs retirement…lol..

http://yahoo.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?storyID=urn:newsml:reuters.com:20060524....

Franklin Mine NEWS Cerro Rico Silver 33 Mil. Ounces -
Fourth Vein Shows Potential Silver Reserves -
Ag Over 11 Million Silver Ounces -



Franklin Mining Announces Cerro Rico Holds Over 33 Million -
Ounces of Silver, Fourth Vein Shows Potential Reserves -
of Over 11 Million -
Tuesday August 1, 7:30 am ET
LAS VEGAS, NV--(MARKET WIRE)--Aug 1, 2006 --

Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News) -
is pleased to announce today the significant value estimated -
by the COMIBOL reports on the Cerro Rico Mine reserves.

It is believed to hold over 33 million ounces of silver.

San Pedro Cerro Rico Mine -
(the fourth vein) reserves are projected to be over
11 million ounces of silver.

The results were provided by the combined reports from
COMIBOL (Bolivia's national mining company).

According to the COMIBOL prospective reserve reports -
San Pedro is believed to contain approximately -
11,937,569 tons of ore -
208,320 kilos of silver -
and 62,496 metric tons of zinc -
roughly 7,346,196 ounces of silver -
and 137,741,184 pounds of zinc.

This partnership encompasses the four veins of -
the famous Cerro Rico de Potosi Mine -
(San Miguel, San Pedro, Mesapata and Alkco Barreno).

The Cerro Rico Mine -
(located southeast of the city of Potosi, Bolivia) -
under COMIBOL's ownership, is considered -
the world's largest silver deposit -
and one of the most popular tourist attractions in Bolivia.

The four veins are projected to hold over
5.5 million metric tons of ore.

The combined estimated reserves are about -
938,130 kgs of Silver -
250,004 tons of zinc
and over 72,377 tons of tin -
yielding approximately 33,018,564 ounces of silver -
550,784,040 lbs of zinc -
and 159,518,908 lbs of tin.

"The Cerro Rico history's most fabulous silver strike -
changed Bolivia's social fabric 450 years ago.

Now, thanks to modern mining, it may do so again.

Legend has it that enough metal was extracted -
from the deposit to build a bridge of silver -
from South America to Europe.

'It is an impressive amount of mineral wealth,'
Roland Jordan Pozo, secretary general of Bolivia's
association of medium-sized miners, said.

'Industry officials say the deposit could vault -
Bolivia back into the vanguard of global silver production.'"

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

Metal prices today show silver at $ 11.38 USD per ounce -
tin at $3.78 USD per ounce -
and zinc at $ 1.52 per lb USD.

Franklin Mining, Bolivia S.A. -
(a Bolivian corporation)
is a subsidiary company of Franklin Mining, Inc.

COMIBOL is Bolivia's state-owned mining company.

For additional information on Franklin Mining, Inc,
please visit our web site,
http://www.franklinmining.com.

To receive Franklin Mining news by e-mail -
please send contact information to -
[e-mail].

"Safe Harbor" statement under the Private Securities
Litigation
Reform Act of 1995: This press release contains
forward-looking statements that are subject to risk and
uncertainties, incl. --- --in Franklin Mining, Inc.'s filings
with the Securities and Exchange Commission. These risks could
cause Franklin Mining Inc.'s actual results to differ
materially from those expressed in any forward-looking
statements made by, or on behalf of, Franklin Mining Inc.

Additional information on company operations is found at our
website -
http://www.franklinmining.com/.


Contact:

Contact:
Franklin Mining, Inc.
Andrew Austin
702-386-5379
[e-mail]


Source: Franklin Mining, Inc.

http://biz.yahoo.com/iw/060801/0149405.html

FMNJ - SILVER ST going back UP -



FMNJ - SILVER LT going back UP



FMNJ - GOLD LT going back UP -



FMNJ - COPPER LT going back UP -



FMNJ - LT to go back UP -



FMNJ Silver Stock - Buy on the Dips - Such as Now -

americano - the Commodity basket PM Bull -

LT Long Term Trend - only in strong start -

LT # 1 Wave Long Term Trend Bull -

On May 11th - Silver and Gold hit # 1 Wave highs -
and began to correct with normal FIB -
Fibonacci Price Level - about 62% of prior -
# 1 Bull Wave -

along with copper and other commodities -
many new green traders without any experience
and intelligence -
thought that was the end -

many new traders are now distracted by their -
summer vacations to relief the stress stupidity syndrome -
- are not taking any notes that -

Ex. Copper and Zinc - are back up again -

Uranium and molybdenum never dipped -
and neither one is traded in the cabals -
derivatives banksters futures markets -

Uranium is at $45.50/lb., -
Molybdenum stands at $26.25/lb.

Oil has since hit new highs -
hitting above $76/barrel -


Silver on its way -
- FIB bull to new highs -
often new trend to be 162% -
of prev. correction -



Meanwhile - Copper - took a dip from $4/lb. -
down to $3/lb. -
but recently climbed back up to $3.75 -
and now is back to $3.50 -



Copper is far from bear trend -
although the volatility may be killing many new -
leveraged traders? -
avoid the leverage of the futures contracts derivatives -

invest in Mining and exploration stocks -
for leverage, instead -

FMNJ has a Long Way Back UP -



FMNJ LT - Long Term Trend -



FMNJ bull is just let Out -
Move is bullish -

FMNJ - ST -
Short Term Trend -



TA ST TI consolidation -

TI ST bullish flag / pennant

its 4 more ST Bull Waves -
to complete # 1 LT wave -
in Elliott Wave Pattern -

FMNJ - Gold & Silver Mines Stock -

Real Money Safety !!!

FMNJ mission want to make -
a better life for all -



Silver - price start to turn around -
from a 500 year very negative downturn -
it made a hardship for all people of Potosi -
a Long Term Turn Around is Overdue -



history to repeat itself -


the Glory to be back -

Franklin - Cerro Rico - Comibol -
Goes hand in hand JV-Partners today -

Comibol owner of the Cerro Rico -
trusting - Franklin - Jaime Melgarejo, Pres. -
(Behre Dolbear) - to Reactivate -
Hi-Tech modern state of art -
the mining of the worlds richest -
Famous Silver Mine -

The Cerro Rico Silver Mine -

San Miguel - San Pedro - Mesa Pata -
and Alco Barreno Mines -
the old Rich Silver discovery veins -

of the worlds richest Silver Mine -
for more photo gallery -

http://tinyurl.com/zdggd

FMNJ - Cerro Rico - Mission -

http://www.investorshub.com/boards/quotes.asp?ticker=fmnj&qm_page=12679&qm_symbol=FMNJ

http://www.investorshub.com/boards/board.asp?board_id=5406



Do not let any volatility shake You out -
the more volatility the higher it will go -

the new trend waves will often be -
Fibonacci - 162% of the previous correction -

when the weak hands exhaust themselves -
we'll see the next waves up -

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt -
as of Jun 2006:



Unless the United States gets all of its economic
house in order ? -

Gold will become the basic real money again -
(which Gold has been for 1000's of years)
and national currencies will only be money -
if backed by - Gold.

With the exception only of the periods of -

- The Great Gold Standard -

practically all governments of history -

have used their exclusive power to issue fiat money -

to defraud with totalitarian bureaucratic powers -
rob, plunder and to make slaves -
of most the people -





http://www.goldrush21.com/

http://www.usaidbolivia.org.bo/

FMNJ - got the worlds richest Silver Mine -
You finding more FMNJ info on the link below -
http://www.investorshub.com/boards/board.asp?board_id=5406

http://news.bbc.co.uk/2/hi/business/5115920.stm

Always make sure to do your own
DD -- don't listen to my dd ---
http://www.franklinmining.com/Home/tabid/1215/Default.aspx
Imo. Thanks
for your participations -
Brgds
Bob
In God We Trust