StockGuru Blog: Franklin Mining (OTC: FMNJ) – Pulacayo Tailings Project; The Math: $30M USD in Gold and $17M USD in Silver
OTC: FMNJ – Franklin Mining, Inc. — Stock Guru Profile Franklin Mining gained 4,900% the first time we covered them. They are back in a big way. Franklin has a contract to process the tailings of the Cerro Rico Mine in Bolivia. This is called the Pulacayo Project. In fact there are 4,001,800 tons of tailings but in doing the math we are rounding this down to FOUR MILLION TONS. The price of gold closed yesterday at $646.90. The price of silver closed at $12.90. Zinc closed at $1.4656. If you link to the published study and analysis of the…