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Re: sortagreen post# 31492

Sunday, 07/26/2009 8:57:41 PM

Sunday, July 26, 2009 8:57:41 PM

Post# of 42708
No GPR did 500k in "all metals" and 333K in Silver overall. Which was a 16% rise from last quarter and of course 1K would have been better than what Franklin has ever done.

And yes you are correct that I made the assumption that they would produce 7 days a week which of course was an error on my part. There may be complete months that they would be unable to mine.

And of course FMNJ is not producing. I am not one of the posters who says this is going to pennys in the next few days. I am onboard with many others who think that IF it does happen it is going to take a long time and it is not going to be easy.

I was pointing out the fact that they are making the necessary steps right now to become a player in the mining industry even though they have a lot more to do than print PR's and release financial statements. But IF they do start producing at even a fraction of the rates that they are saying is possible then the stock is under priced even using the example that you gave. That is all I was trying to say. I understand to get to that point is somewhat of a long shot