Franklin Mining, Inc. (FMNJ)

[imanjen13]

This is my take on todays stock action. 2.5 million shares traded in frankfort and 10.5 million in the US. Almost all of the shares traded at the offer of .009. this suggests to me that the company was crossing stock out of treasury to a institutional buyer. The proceed from these trades is approximately $115,000. Based upon the normal average volune of 2 million shares,I assume that there was very little retail buying. It would appear that if my thesis is correct, an investor has been given a position of 10,000,0000 shares. We may never learn who this is but some may speculate it is a group out of zurich or maybe even a zurich brokerage such as Reynolds who need the shares for inventory to make a market in the stock. Like NYBOB, I believe the pink sheets make a very disorderly market and there now are few market makers for fmnj. The bulletin board would be a great improvement if the company's paperwork is now in order.I would love to be a fly on the wall at the miramonte meetings. Hopefully other big wigs from zurich will be arriving in Bolivia soon to party. Unlike the many naysayers here, I view the latest developments as very bullish.