NORTHERN SUN MINING CORP LBEFF

RE: stock is diving

[4fun]

Deep mining certainly is more costingly but you must remember we have a ramp already paid for to the 850 foot level and 200,000 tonnes of high grade ore. This WILL therefore be cheap to mine and could easily generate 40 cents per share in after tax profit! Additional ore at depth is the question? We must wait for that to happen and assess it at that time. Similarly McAra is very shallow and very high grade an obviously very profitable opportunity worth between 80 cents and $1.20 per share dedending on cobalt prices and to a lesser extent mining costs. Again more ore can be found and the value increase farther but we should have a minimum of value from what ore we have to date. In addition we have good prospects at McWatters and other surrounding properties all of which most other junior companies would be trading at LBE present price without owing Redstone or McAra. In my opinion the company should be trading at 80 cents and rise after the announcements re production, reserves etc. Perhaps next year we could have a $1.50 stock!