Franklin Mining, Inc. (FMNJ)

[imanjen13]

ok here is the raw data on competing compnies operating as silver producers in Bolivia. Apex mining,SIL,has a current market cap of 839 million and its trading range is 12-27 with current price at 14.37. Coeur d alene ,CDE, has a current market cap of 1.24 billion and a 12 month range from 4-7 with current price at 4.41. If my math is correct fmnj is trading at only 5% of sil market capitaliztion. A similar market valuation for fmnj would lead to a price of between .30 -.40. To reach CDE the company could support a price of .50. Both of these companies, like fmnj, are at the bottom of their range as this year starts.