Franklin Mining, Inc. (FMNJ)

[imanjen13]

I believe the weakness in the stock is attributable to the management problems cited in the last two news releases. I expect that more heads beside Dr. Murillo have or will be rolled soon. If the main insiders were selling into this news it would have been foolish to reveal this negative stuff. There is nothing wrong or dishonest about insider selling and the company actually filed a form 4 for Jaime as I believe I noted in January. This form specifies an intention to sell and was generated on the expectation of a positive move on good news. Moving foward the main thing is whether Jaime will now be more diligent in keeping his eye on the ball. Fridays meeting in POtosi may lead to a final resolution of the production plans to commence cerro rico. The oft delayed Pulacayo plant will of course be crucial to give the compnay the necessary cash flow as been pointed out numerous times here by Trueheart and others. The stock can rebound sharply once the actual construction of the plant begins. For those trying to catch a bottom, I think this is a good place to start. As with any investment and life in general, there are no guarantees. good luck and good health.