Replies to post #5243 on Franklin Mining, Inc. (FMNJ)

[dwire2853]

SYR,,,,You couldn't have been more clear or on target.You are right on,,good post

[JanaBanana]

Syra ... I couldn't have said it better myself. Thank you.

[osger]

syracuseo...do you really think Bolivia is going to hand over any % to FMNJ for doing nothing?

"the FMNJ silver play offers potential of 2 Billion ounces of silver @ around $14/oz, and growing."

"the FMNJ oil & gas play offers potential of refining, domestic and export sales of 10,000+ barrels per day @ $70/barrel and growing ."


Give me a break pumper. In Novembers newsletter Jaime was ready to do a reverse stock split. Now no mention because all you pumpers are allowing Jaime to sell his shares to the market. What kind of Gov't or Company allows another company to kick back and earn market prices on its asset without any capital contribution or risk? Especially Bolivia you fool.

Now lets talk about your statement...
"If you have a 1st grade education, do the math of each and that is the speculative potential of FMNJ"


Keep pumping for Jaime.

[newbee2]

Great post. you are exactly right...

[NYBob]

Franklin Mining - Mission Cerro Rico -



Franklin Mining - Mission Cerro Rico -

Update Reminder and some reflexion -
of past history -

The Rich Cerro Rico Silver Mountain today -

Its up to You decide if your FMNJ investment
is needed - to bring happiness for all? -

Conditions in the mines have not improved
markedly since colonial times.

Cerro Rico remains an industrial area of
considerable activity, but the workers are
too poor to buy proper equipment.

The mines are still crudely dug and
badly poorly ventilated.

Pick-axes and Davy lamps are used instead
of drills or torches.

Individual seams are often dug vertically and
descended using hands and feet.

Ladders are only used to travel between
different levels of a mine.

Rail roads exist, but containers filled
with ore have to be pushed manually.

The mines are often water-logged too,
especially in the lower levels, and
cave-ins are a regular occurrence.

Unsurprisingly, life expectancy for a miner
in Potosi is a little less than 40 years.

Although life is very hard, some comfort can
be drawn from the fact that the miners now
have control over their own working
environment?

Each person works on his own initiative?

Often the miners band together in small teams.

It is a friendly, close community.

In difficult situations, the miners will go
to extraordinary lengths to help each other.

Stopping work means having no money for food,
but if someone is trapped or inexplicably
misplaced, the other miners will work
tirelessly to find them.

On one occasion (though this story may well
be apocryphal) a young man disappeared and
his colleagues spent several days frantically
searching every level of the mine.

It later transpired that he had eloped with of
one of the other men's daughters?

The belief system of the workers today is a
strange mix of local superstition and devout
Catholicism.

Above ground the miners are perfect Catholic
Christians.

Below, in the mines, they are nothing short of
devil worshippers.

Each mine has its own effigy of el Tio
(literally 'the Uncle', a standard euphemism for
the Devil) in place.

The workers see no inconsistency in this?

They reason that, if God is in charge of the world
above, and homage is paid to him there, it makes
perfect sense to pay homage to the god of
the Underworld, especially when the miners
spend so much of their lives below ground?

Location - Franklin Mining - Mission Cerro Rico -

High up in the remote desert plains of the Bolivian
altiplano lies Potosi city whose unimaginable
Cerro Rico wealth and large-scale industrial
exploitation once placed it at the heart of
the South American continent.

Though now a poor, neglected back-water, the importance
of Potosi to the history of Western Europe, let alone
South America, is difficult to over-estimate.

The mineral wealth discovered there during the 16th
Century provided the largest injection of capital
the European continent had ever seen.

The silver deposits found in the hills of Cerro Rico
provided the means and the inspiration for
the industrialisation of Europe.

They were to bank-roll the entire economy of Spain
for over 250 years.

Keep in mind - that the richness of mineral ore -
often increases with the deepth of most
mining operation -

Conquistadores - the Europeans had come to
South America in search of gold.

They quickly conquered the Inca Empire of Atahaulpa,
but had failed to uncover the legendary El Dorado.

Potosi, with its huge reserves of silver, was easily
the next best thing.

The local Indians were put to work.

Slaves from Africa were imported and within a few years
tens of thousands of individuals were working as forced
labour in the mines, in the most inhumane conditions imaginable.

Safety considerations were ignored and miners were
treated as little more than animals.

It is not known precisely how many people died
working in the mines of Cerro Rico during the
centuries of Spanish rule.

Conservative estimates place the figure at between
four and six million people.

In the 16th and 17th Centuries Cerro Rico was simply
the biggest - and the most deadly - industrial
complex in the world.

Now at long last, though the slave days of Cerro Rico
are not far behind it, the people of Potosi are reaping
the meager benefits of the poor bureaucracy and -

the Franklin Mining Mission - is to turn it all around -
to a good secure modern state of art safety for all -

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