Replies to post #38880 on Franklin Mining, Inc. (FMNJ)

[The_Rake]

Good eye! I didn't notice that

[Lotto1]

Market cap increase with no market purchase and changes in the leadership? I'm guessing some non-disclosure agreements are behind some of this. Seems like 1st quarter 2012 may be promising.

[Lotto1]

So we go from 200B shares to 350B shares outstanding to match the market cap increase if that's your thought. If an investor is in at $1B, the stock at 1:1 is worth .0028 just with the investment as the only capital at 350B shares. At $500M it's .0014. At $50M it's at .00014 and an increase. Stocks are generally trading in today's soft market around 2.8:1. Reverse split? Heck yes. Who cares yet? True validated investors often acquire stock in return, right?

Okay, try this. Investor puts in money to get a substantial share initially. Outstanding shares increase to make the deal, capital is established, reverse split follows, production with $lubrication occurs, promotion with verified assets follow, Merry Christmas (I'm thinking Valentine's Day or Groundhog Day though).

Try $1 invested for 10,000 shares. At 2.8:1 with proven growth, assets, a couple lucrative mixes like energy and natural resources, and only $50M capital, the stock at pure value in today's conservative market is at .00039. Here with base assets you have $3.90 for your $1. Reverse split it 10,000:1 and make the stock trade at $3.90/share to let it play in a bigger field. Who cares if you currently have 100M shares if it kicks off with NOTHING else announced and it goes up 4x? What if the assets are $100M (8X), $500M (40X), $1B (80X), or other? The factors of production, liquid assets, promotion, are what drives it.

You found a jewel in that market cap jump that seems promising to me, especially following leadership realignment. It seems this game is about to roll. No publicity yet? No surprise if you've ever done big deals.

Cynics? If there's no investor or the capital was shy of $40M +/- we all have a problem or are the same with no production. I'll give you that. Signs, to me, appear otherwise.

I think production is there and WSJ article helped find the investors this year. I think news will follow in 60-120 days.

Disclaimer: I am not seeking a debate. I don't know more than you all have shared on this site. Just sharing an optimistic opinion based on the series of events since June or so.

By the way, Happy Holidays to all here! Cheers!