Franklin Mining, Inc. (FMNJ)

[silver_bars]

I'll buy a whack of FMNJ again if it drops to around .003 .... as FMNJ mngmt. hasn't done anything lately that convinces me they have the ability to succesfully implement prior plans... they have failed to deliver the 400 TPD production for the end of October... and are destined fail delivering the "up to 10 plants" by early 2007.

For the record, I closed my FMNJ position approx. 2 weeks ago.... at .003 I'm comfortable buying FMNJ again simply as a highly speculative hold... as I think the company will have serious problems delivering production until Bolivia's nationalization plans are completed, which will be sometime in 2007, regardless of any news/spin FMNJ may throw out until nationalization is near complete.




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Franklin Mining announces the first tailings processing plant will be operational in OCTOBER and will be PRODUCING 400 tons per day...

"an increase of up to 10 plants by January 2007. The processing will produce 4,000 tons per day."


http://biz.yahoo.com/iw/060912/0162261.html