Franklin Mining, Inc. (FMNJ)

[imanjen13]

Money- years of investment experience has taught me one important rule: Never take investment advice from someone who is not richer than you are. If the company can conclude a deal here and get income to start up cerro rico, the stock is a great buy. Ignore the losers who purchased this stock at much higher levels and are venting their frustrations. If one makes a investment mistake, one should, in my opinion, accept the loss and move on. People who have lost money and knock the stock so that others will not invest are either masochistic or stupid. In any event, they are not worth addressing. The failure to commence Pulacayo project has caused the selloff here.Jamie has given his mia culpa and expressed the conviction that he believes that it will be resolved in the near future. If pulacayo gets started, the stock should reverse course. The honesty in the newsletter leads me to believe that this management deserves a chance to realize their dream. Apparently the Miramonte people took the same investment thesis and is making it work. Cheap labor and a strong silver market can make this a bonanza.