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Re: sortagreen post# 31489

Sunday, 07/26/2009 3:02:11 PM

Sunday, July 26, 2009 3:02:11 PM

Post# of 42708
sorta, using the same example (great Panther) and using a conservative number of 50.0 ounces per ton for Franklin(instead of 77.16) Franklin would have to do 70 tons of mining each day to get the same results as the most recent quarter from panther. (300,000 ounces of silver). With a market cap of just under $50 million we would assume that Franklin would be half of that since, as I understand, half of the profits go to the Bolivian government. So at $25 million that still puts the stock around $0.001 which is still 10x what it is now. So getting this going is a long shot given Franklin' recent failures but you have to admit that there is potential and they are at least moving in the right direction. JMO