StockGuru Blog: Franklin Mining (FMNJ) – Copper Looking VERY Strong and Escala’s Production Ahead of Schedule
StockGuru Profile News Blogs Franklin Mining’s Escala Mine and the Price of Copper Keeping tabs on the price of copper is crucial with FMNJ’s Escala Mine in production mode with an estimated 200 tons ready for immediate shipment to the processing plant. November’s production is now projected to be in excess of 450 tons. FMNJ understands the issues associated with costs in mining Escala. (Please see note below regarding FMNJ’s Escala contract.) U.S. copper futures settled up for the third straight day on Friday, with support stemming from a sharp rally on Wall Street this week and another steep decline…