NORTHERN SUN MINING CORP LBEFF

RE: Wow

[Nickel77]

Trailorparkboy,

 

There are no surprises in the last LBE financials. Investors are well aware from regular updating of news releases by LBE management, that production levels really aren’t going to change much until the end of May.  I doubt there are any mining companies out there today that would be expecting to turn a profit at 35% + - production capacity. As it does take some time to ramp up, most investors understand this, (except you) and have invested into LBE because they see the long term potential of a real mining company with real assets backed up by independent reports.  Three or four months from now, LBE shareholders will make up their minds whether LBE proves a good investment once they see the full production numbers.

 

On the other hand and in my opinion, if ISM continues to unlock any more shareholder value as they have tried to do the last 5 years, one  really has to start wondering just how low the stock price might go. The Micon Report confirmed and proved out what many on these sites doubted all along about ISM's company maker, the Langmuir Properties.  "ISM would show no where near the resources the promoters on this site said it would".

 

By the recent ISM news release unlocking more value, it certainly looks evident to me; ISM management has agreed with the valuation the market places on the Micon Report and is giving up on the Langmuir Properties.  As I said before, ISM will most likely have a McWatters sized deposit in the L-1, but without a mill, you're just out of luck.  No need to say anything more on L-2.  It is a dead issue!

 

Best with your investment

 

Nickel77