Replies to post #12347 on Franklin Mining, Inc. (FMNJ)

[imanjen13]

Recently I had a discussion about the tailings project with a smart friend. He pointed out that since the production costs are fixed, any increasre in the price of silver and gold will translate to a nice bbost to the estimated 38 million the company expects to realize on profits based on the current prices of those metals. The 38 million can be looked upon as a conservative esti,ate assuming the price does not fall over the 4 years of the contract. Once production starts, those that follow the commodity prices will find moves more readily translated into changes in pps for fmnj.