Replies to post #28511 on Franklin Mining, Inc. (FMNJ)

[nvestn4newshooz]

Agreed, Vozmil. That was actually the reason for the short quip earlier. I was actually joking about the steamrolling, because I'm not sure the largest companies in the business register 150 tons per day. The PRs that have been released thus far (aside from the latest one) have all mentioned ranges of 100-ish tons per day. I never gave any credence to the 150 tons per hour estimate. I think the assumption by everyone on the board was that there was most likely a miscommunication between Franklin and the Investor Relations company, or whomever released the information.

[Militia Man]

Are you sure? Wouldn't that depend on amounts of and or grades of ore, costs and the pricing of the metals. A 980c loader could feed 150 tons in a lees than an hour if the crusher could handle it? I hope it is not a miss print. If not a mis print, it would suggest they have the "goods" so to speak, would it not?

Prisoner

In brief this 150 ton per hour is miss print or miss information.

150tons per hour is a huge capacity. To buy, install operate and feed that type of plant need require lot of financial resources. Even a crushing plant of that capacity is too expensive for such a small tiny company and if at all they manage to buy such plant, it need several dump trucks of 15 to 20 tons capacity to feed it. Of course those dump trucks need hydraulic shovel or wheel loaders to load the blasted material.

[Royalflush1]

Vozmil! Not overexcited here! IMO, 150 per hour is impossible! You know how many miners you need for that? You need an army for that!!!!! 150 per day is possible and still a hell of work! If they can process 150t per day, I´ll be very happy!