Franklin Mining, Inc. (FMNJ)

[Trueheart]

Mart, to me Sumitomo's investment in the Apex operation at San Cristobol makes good sense. Resource Investor* published these estimates for metals: Silver, 470,000,000 oz; zinc, 8,000,000,000 pounds; and lead, 3,000,000,000 pounds. Sumitomo's investment of $245,000,000 seems pretty resonable and smart for the potential return. It's likely that silver will not go below $12 per ounce on average so that $6,000,000,000 for silver alone is a great return. And, the lead and zinc will return billions.

Apparently, they are not afraid to operate in Bolivia's political climate.

Trueheart

* September 25, 2006