Replies to post #14007 on Franklin Mining, Inc. (FMNJ)

[imanjen13]

The possibility of a buy back is extremely remote since their is inadequate funding until tailings commence. I believe the announcement was a ploy and underlying message to shareholders that they are not considering the dreaded reverse split to reduce shares.The main problem with the buyback idea is that it is a catch 22 situation. When the company has funds to buy back, the price will be much higher and therefore too costly. When the price is low ,such as now, they have no money.

[NYBob]

To 'seriousbanker' on 'Franklin Mining, Inc.' -

well, that's right -
the possibilty of company buy-back which will reduce
the number of O/S -
http://tinyurl.com/3ymkqs

Btw. the facts;

Ex. fmnj at $0.16 -
for about a year ago -

fmnj - did not have the Cerro Rico Silver Mines -
or the Pulacayo Tailings, projects, Bolivia -



FMNJ at strategic bargain -

Ex. when FMNJ traded at $150+


fmnj owned Franklins old PM's mines -

http://www.franklinmining.com/Projects/HardRockProjects/FranklinMinesUnitedStatesofAmerica/tabid/196....
fmnj still own the Franklins old PM's mines -
and plus -

Cerro Rico the world largest and richest Silver mines -
at a strategic firesale bargain price -
but even if -

Ex. fmnj owned all Gold and Silver in the world -
and it was below today's low price -
the bashers would still complain -
with nefarious deceive, hoodwink gyp it -
to be trading to high etc. -

FMNJ thanks you for the support -
FMNJ - mission -
Tia. Imo.
God Bless

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