Franklin Mining is a very good LT PM stock to own -
FMNJ has given shareholders 1000s% on the money -
in share value increase -
Let's compare -
FMNJ Franklin Mng Inc (OTC) -
with the largest Gold producers -
ABX Barrick Gold Corporation (NYSE) and
NEM Newmont Mining Corporation (NYSE) -
FMNJ has given shareholders 1000s% on the money -
in share value increase -
plus its LT GOLD & SILVER Safety -
WOW - what a nice strategic FMNJ buy opportunity today -
Franklin Mining, Inc. Executives Considering Stock Buy-Back Plan -
FMNJ with Cerro Rico, Potosi, the worlds largest and richest Silver Mine -
FYI. FMNJ recently got Cerro Rico Silver Mines and its -
important - to be at the right place at the right time -
Franklin Mining, Inc. -
(FMNJ) Executives and Board Members are conferring with corporate -
legal counsel to prepare a plan for the buy-back of shares -
The timing of the buy-back and the exact number of shares -
will depend on market conditions.
In releasing this information, Jaime Melgarejo, Jr.,
Franklin's CEO said,
"With the addition of our new Zinc contract in Japan
and a pilot plant being relocated to the Pulacayo Tailings
work site, we are confident we have sufficient resources
in place to consider a buy-back of shares plan along
with several other plans by which the corporation's
$30 million tax loss carry forward can best be
utilized for the benefit of shareholders."
According to the International Lead & Zinc Study Group
(www.ilzsg.org), Zinc's worldwide demand is expected to
continue outpacing supply for the next several years.
And with the London Metals Exchange's spot market quotation
recently hovering near $1.59 per pound (www.lme.co.uk),
Franklin is projecting gross revenues
of $1,646 (USD) per metric ton.
The tax loss carry forward was previously discussed
in the February 22, 2006 press release
"Franklin Mining Reports $30Mil Tax Loss Carry Forward"
available at our web site,
www.franklinmining.com.
Hold on to your hats -
don't sell anything -
history often repeat itself -
Fys. FMNJ info -
Subject 56926
siliconinvestor.com
investorshub.com
Imo. Tia.
God Bless |
