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Re: TRUSTUNITS post# 39923

Wednesday, 02/13/2013 1:06:37 PM

Wednesday, February 13, 2013 1:06:37 PM

Post# of 42793
If they ever get producing and prove out those reserves on escala with a NI 43-101. This could probably hit 5.00 with the current share structure. An analyst has come out and said that silver will hit 200.00 per ounce in the next 12-18 months. That would be huge for the escala mine. What have they said are the probable reserves at escala? Do the math if that analyst is correct. But a couple of items would have to happen. A management team with mining experience would have to come in. It seems that Petty is a business developement guy not an operations guy. He got the agreement in place he needs to get top mining people in to take it home.

I know we are all pissed about the dam huge reverse. But this still can be turned around. But this stock has to get up. Cutting deals for shares at the current price will kill the restructuring and what chance this company may have to make it happen when that silver runs. The posters are correct, FMNJ definitely does have a credibilty problem. The only thing to fix that is to see actual production and revenues.

Not a stock pro...always due your own due diligence...these are just my opinions.