Replies to post #9612 on Franklin Mining, Inc. (FMNJ)

[hopkinsmg]

The pr says:

LAS VEGAS, NV--(MARKET WIRE)--Sep 7, 2006 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) announces a program for funding their mining operations. Pulatija operation is purely tailings (Tailings are produced when metallic ores are ground into fine powder to free the metal-bearing mineral). The investment for Pulatija tailings is $1.5 million. Franklin will begin with one 400 ton per day plant at the cost of $150,000. We will increase to ten plants of 4,000 tons per day. This is a total investment of $1.5 million. With this revenue stream from the tailings, Franklin Mining will then reinvest its profits to develop the Cerro Rico, which has five veins. The Cerro Rico investment will be up to a $6 million investment. With this, Franklin Mining has developed its mining interest with minimum cost and high return into the revenue stream.

Tolal investment = 1.5 million.

one 400 ton plant at $150,000.00 * 10 = 1.5 million

Now re-calculate earnings.

[lucky break]

$150,000 each not 1.5m each for the 3rd time