Franklin Mining, Inc. (FMNJ)

[imanjen13]

Some interesting points to ponder in this latest release which raises some questions but seems impressive in its main thrust which is to obtain almost half a billion dollars to constuct the plant in Argentina. Obviously a strong feasablity study is needed to convince the institutional lenders to support such an expensive project. Also of note is that Jaime is in Argentina meeting with local gas producers (and probaly having a good steak dinner). If the Privee group can negotiate this blockbuster, the company will rock, even if the timeline to close is not to the liking of the many impatient investors here, including yours truly .If you believe that this is a accurate report, it lends credence to the idea that Rothschild will or has already raised the much smaller amount needed for the tailings and cerro rico projects. Any news of an actual financing arrangement should propel the stock off its present doldrums position. Those who bail here may be right but the risk reward ratio for the less fainthearted investor can be quite large. Twenty five cents doesn't seem like an impossible dream if they are really moving ahead on these projects.