Replies to post #40884 on Franklin Mining, Inc. (FMNJ)

[xlr-v]

I put in an ask of .06 and it hasn't replaced the .07 so I am assuming no one is acting as an MM yet. Or if they are they are playing games. A $3 purchase at .003 is just silly. No one can afford to do that except some one f...ing around.

[imanjen13]

Hi Mart. I totally agree. likewise have done the math,and in the past 10 years only experienced one reverse split (7-1) with the Frankie moniker. I also threw in some bucks at the penny leve with the hope that the company reaches the pre split .20 per share valuation. I was able to take some decent money off the table in the days before el presidente de Boolevia decided to intimate he would nationalize the mining industry and killed the golden goose. Best price I got was .13 which translates to .81 in todays capitalization.

There are of course a lot of "ifs" that must be fulfilled for the stock to again become active and perhaps trade north. The DTC listing was a good start as this stock needs market makers. The next step will be to remove the OTC "stop" sign by filing the necessary quarterlies and audit reports. That being said, the real test will be how we react to a future move. As you know, the stock market rarely worries about absurd market capitalization numbers. Eg. Apple trading at multiple levels above all the other giants of industry. What can we expect here? Who knows but the Andy Austin days of pushing and pumping pipe dream companies are probably over.

In any event, it is the time of year when hope springs eternal. Good luck to the dwindling old timers here. I expect a revisit from some of them if the stock does start to move