Franklin Mining, Inc. (FMNJ)

[hogdog]

Your right, but if Bistes's report confirms the reported mineralization of 77.16 tr.oz / ton and the reserve situ of 9,000,000 tons @ $10 /oz the mines potential is 6.9 billion.
Silver is at $13/oz give or take.

Granted the production cost impact that amount, so if we take the $3 /oz as a guestimation of production costs, the posibility is there for 6.9 billion, that puts the stock at over .25c possibly over .30c with the present dilution we face.

What we have to hope for is that good of a report from Biste, and petition for as investors that they actually DO the buy back and take care of, or at least reduce the dilution, I would take that.

Now on to something we can look becasue it is the only real thing we have as of yet,

So much talk about this company never producing anything real, being a scam, company leaders are crooks, and on and on and on, if you were buying this thing anywhere above where we are right now you couldn't help it.

What I have been saying and hopeing for has at least started to happen

Filed with SEC, spent (our) money with thier lawyer to address PinkSheets, told us that they are going to release a Quarterly report 1st Qt 2009, many of use have gotten corespondence from Biste about his trip to Escala, now beeing completed, it signs of the trying to do the right things.

What if the 1st quarterly report of 2009 is the one that shows they have turned the money flow into the right direction not so much as profit yet but just like reading a chart the turn to the up side, confirm the attempt to reduce outstanding shares, if Bistes report is as we all hope it is the sky is the limit

If a poor man stands on his head spittling BB's he's called a fool

If a wealthy man stands on his head spitting BB's he's called a visionary.

GO FMNJ