Franklin Mining, Inc. (FMNJ)

[imanjen13]

I agree that it is possible that Gregoire and Jaime formulated a plan to divest Franklin of its oil and gas division to concentrate on the 3 mining projects during the recent visit. Maybe Gregoire then returned to the US and spoke to some of the investment bankers or Oil and gas players that he knows. I also note that the release states the company has received a Proposal rather than using the term Offer to buy. It is also possible that the Proposal may be a hybrid involving the purchasing of Franklin's rights to build the two gtl plants and perhaps a kicker on the profits once the plants are generating income for the builder. In any event, it is nice to see that the company is still working on developing a viable business plan. If there is a dividend involved, there may be a time frame for purchase before the company announces its decision to own the shares before the X dividend date. All speculation on my part so don't go to the bank yet.