KEY POINTS TO REVIEW TODAY: Jim Sinclair - KEY POINTS TO REVIEW -
These are all the same items that occurred in the 70's. I have been telling you this every time I publish - the Formula.
Key Points of the FORMULA in action right now:
We have witnessed the Dow rise on economic news indicating deceleration of activity.
This continues until major corporations announced poor earnings, making the Dow fall faster than it rose, moving it deeply into the red.
I heard all this "slow business" as negative to - gold talk in the 70's. It was totally wrong then. It will be exactly the same now -
Those of you who panicked by today's action in gold - and gold shares are simply doing the WRONG thing.
If you had reviewed the Formula published at least 50 times since written you would know that what is taking place in general equities and the general economy is so completely Gold positive, yet out you go in a state of total abandon.
Franklin Mining is a very good LT PM stock to own -
FMNJ has given shareholders 1000s% on the money - in share value increase -
Let's compare - FMNJ Franklin Mng Inc (OTC) -
with the largest Gold producers -
ABX Barrick Gold Corporation (NYSE) and NEM Newmont Mining Corporation (NYSE) -
FMNJ has given shareholders 1000s% on the money - in share value increase - plus its LT GOLD & SILVER Safety -
WOW - what a nice strategic FMNJ buy opportunity today -
Franklin Mining, Inc. Executives Considering Stock Buy-Back Plan -
FMNJ with Cerro Rico, Potosi, the worlds largest and richest Silver Mine - FYI. FMNJ recently got Cerro Rico Silver Mines and its -
important - to be at the right place at the right time -
Franklin Mining, Inc. - (FMNJ) Executives and Board Members are conferring with corporate - legal counsel to prepare a plan for the buy-back of shares -
The timing of the buy-back and the exact number of shares - will depend on market conditions.
In releasing this information, Jaime Melgarejo, Jr., Franklin's CEO said, "With the addition of our new Zinc contract in Japan and a pilot plant being relocated to the Pulacayo Tailings work site, we are confident we have sufficient resources in place to consider a buy-back of shares plan along with several other plans by which the corporation's $30 million tax loss carry forward can best be utilized for the benefit of shareholders."
According to the International Lead & Zinc Study Group -
Zinc's worldwide demand is expected to continue outpacing supply for the next several years.
And with the London Metals Exchange's spot market quotation recently hovering near $1.59 per pound (www.lme.co.uk), Franklin is projecting gross revenues of $1,646 (USD) per metric ton.
Hold on to your hats - don't sell anything - history often repeat itself -
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