Replies to post #9409 on Franklin Mining, Inc. (FMNJ)

[imanjen13]

Don't be so sure that community affairs are irrelevant to the future of fmnj. The basis for the corporate inroads made by Franklin are related to Jaime's standing and respect he has with Bolivians. He has oft stated his recognition of the present government's position that foreign companies share the wealth and success they acheive in Bolivia with the people.To understand how to do business in Bolivia you have to recognize the suffering the people and especially the miners have endured which has been chronicled by NYBOB and other posters.Hope the next news event expected this week will outline a timeline foe the start of mining operations at Cerro Rico.

[silver_bars]

Flippers always look short-term... building value takes a while, and helping people can sometimes bring very high returns on capital... every business deal requires something different.

If FMNJ reaches a half billion dollar market cap. for a very short period of time, that'll probably be a result of the market forces in Silver... HOWEVER, if FMNJ reaches a half billion dollar market cap. and stabilizes (like ECU), the stability in value would probably be as a result of longer-term value created in the company.

FMNJ wont continue to get the opportunity to create any long-term value in any Cerro Rico operations unless its willing to genuinely help the locals, IMO.