Replies to post #37118 on Franklin Mining, Inc. (FMNJ)

[newnubie]

Iman,UAMY wanted us to believe that they were going to get the antimony. I can't recall any info from the JV indicating they were the buyer. IMHO, Warrisson Xiamen would most likely be the Chinese Importer operating out of Chile. Why Chile and not Bolivia? COST and the system is already set up in Chile.
I'm thinking out loud and have no proof that any of this is correct.

[SilverDog]

Hey Imanjen, I am going to leave the running of FMNJ up to Bill Petty as the CEO and the speculation and accountability to us, the shareholders. I have accepted that Bert is working hard in Bolivia on behalf of his own company and Raptor. I also accept that it is not his position to hold Bill Petty responsible once any legal partnership activities have taken place regarding the transactions of Raptor and monies received.

In short, if Bill takes money from Raptor sales and in no way produces any results in FMNJ stock price for the shareholders that have supported him for years, well....than it is a sad comment on Mr. Petty's character and abilities.

On the other hand....if monies received from these JV sales are in turn utilized to bring contracts regarding actual Silver Mining to fruition, we may all be throwing Bill Petty a big party and thanking him for his focus these many years when so many companies have failed. Pick a future......sit back and enjoy the show.

Silverdog.

[vozmil]

Have you noticed the part of the PR that says, 'company's wholly-owned subsidiary, Raptor Ventures, LLC' instead of jointly owned subsidiary.

I don't know what is going on? Does it mean PRRY have cut them off and became operator of the mines with the blessing of original owners of the lease? May be that is the reason Silverdog was upset couple of months back and reportedly liquidated his position in FMNJ. That was after he called Mr. Burt for update. Mr. Pity is a victim of corporate grab. But he need to update us immediately.