NORTHERN SUN MINING CORP LBEFF

LBE on the move!!

[legend7]

Looks like people are Picking up some cheap shares? MAYBE THE MARKET IS TELLING US SOMETHING!! Shouldn't be too long now before we are higher than ISM Last Trade Time : May 10, 2010 15:23 ET
Last	0.230		Open	0.205
Change	0.035		Prev. Close	0.195
% Change	17.95%		Tick Type
Volume	112,990		Shares (last trade)	1,500
Day High	0.230		52 Week High	0.375
Day Low	0.190		52 Week Low	0.110
Bid	0.215		Ask	0.240
Bid Size	52,000		Ask Size	5,000
# Trades	25		Industry	BASIC MATERIALS - METALS & MINING
Last Buyer	ScotiaMcLeod Inc.
Last Seller	N/A
Fundamental Data
P/E Ratio			Market Cap (m)	38.460
Earnings/Share	-0.08		Shares Out (m)	167.210
Dividend Per Share	N/A		Exchange	TSX
Current Div. Yield	N/A		Ex Dividend Date

[rocksolid47]

Legend,With operating mines & a mill LBE should have a higher share price, yet doesn’t. Maybe because Jilin Jien owns 51% who will soon have a larger %. Only an idiot would buy a stock who has a 51% major shareholder and is in significant financial trouble.Rocksolid

[legend7]

BIGGEST BUY SIGNAL EVER!!!!Rocky if you don't think it will be good investment then it must be a GREAT INVESTMENT considering your track record I don't think you can call anybody an idiot considering you believed the stories over at the ISM camp...LOLYou are right on one thing LBE should have a higher share price and it soon will.You also claim LBE is in financial trouble yet keep saying

[rocksolid47]

It will be interesting to see the LBE financials expose about LBE. My guess is they haven’t paid off any of the debt yet and racked up a bunch more. They will likely put out the financials on Friday after close so it won’t make such a splat. Good luck guys

[victor2009]

Rocky says: "Only an idiot would buy a stock who has a 51% major shareholder and is in significant financial trouble."For starters, LBE is not in serious financial trouble. The debt it has is manageable, and the financing related debt is with the major shareholder, which is financially stable. So the company is not in financial trouble, and in saying that it is rocksolid47 is making

[rocksolid47]

Millwright / VictorLBE is in serious financial trouble wrt to the long term share holder. My salient point. You have to look at it without the rose coloured glasses. Jilin Jien will benefit from the 51% takeover “and” will never give it up..not a chance. Whether LBE makes money or loses money, Jilin Jien wins. I LBE fails to meet production targets, JJ wins because they exchange debt for equity

[legend7]

Rocky, I don't think you really understand.  You said "If  LBE makes money (after the debt is serviced) they win because they get their money back & still own a majority stake"  What is the problem with that as a shareholder Liberty has 167,000,000 (approx) shares outstanding WHEN they retire the debt including the preferred they will still have about the same

[trailorparkboy]

Legend,Just wondering if you changed your opinion of  "BIGGEST BUY SIGNAL EVER!!!!""""Rocky if you don't think it will be good investment then it must be a GREAT INVESTMENT considering your track record I don't think you can call anybody an idiot considering you believed the stories over at the ISM camp...LOLYou are right on one thing LBE should have a higher

[legend7]

To answer your question YES if you are buying at 19 cents then you will be VERY HAPPY in the coming year.You seem to like to ask questions but never seem to answer any...I asked you this at the same time but you conveniently forgot to answer??You also claim LBE is in financial trouble yet keep saying Jilin Jienwill soon own more of it.....if LBE is in such bad shape why wouldJilin Jien want to own