Franklin Mining, Inc. (FMNJ)

[imanjen13]

The stock did not tank and traded rather orderly considering the carnage in the overall market on friday. If you check the sales you will that the closing offer was .009 and that the stock traded there on a 18,000 share trade 5 minutes before the close. After hours at 4:14 there was a 3,832,000 share trade at .0076 which may be a late print from during the day or perhaps a block traded by the company from treasury to a institution or individual. The absense of the posting of the promised newsletter was disappointing to me as I hoped Petty could shed some light on the status of the proceesing of the ore mined thus far. I am also confused as to the estimated 750 tons from the 7 tunnels which will be in full production in a few weeks. Is that a monthly production estimate or a total production from the tunnels? I suspect that more news will be forthcoming to clarify what is happening. Finally, my comment regarding the name calling is that it is unseemly, impolitic and unprofessional. It seems that the moderator has failed to live up to the credo he himself established as well as the IH rules regarding personal attacks. If he really did make the .004 trade and sold at .008, he did quite well with a double. Good for him and hopefully good for the chap who bought his shares. Those who believe he revealed this liquidation of his position at .008 top to suggest that he caught both a near top and bottom, and trust in his financial prowess and stock trading acumen, will be well served and if they follow his lead. I think the stock will trade much higher in the near future at which time we will undoubtably hear a different call with no mia culpa from our ersthile leader. Have a nice weekend.