StockGuru Blog: Franklin Mining (OTC: FMNJ) Plans Buy Back
OTC: FMNJ – Franklin Mining, Inc. — Stock Guru Profile An Old Stock Guru Favorite! Franklin Mining, Inc. Executives and Board Members announced in February 2007, that they were conferring with corporate legal counsel to prepare a plan for the buy-back of shares. The plan, if approved, will not be effective until after cash-flow from recent contracts has been established. The timing of the buy-back and the exact number of shares will depend on market conditions. 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…