NORTHERN SUN MINING CORP LBEFF

The Bashers' Flawed Theory

[victor2009]

Over the years the various bashers, including the remaining organized basher gang, have used a number of ploys to downgrade the potential of LBE. These have included the claim that LBE didn't have an economically viable resource. Or that LBE was insolvent and would be unable to arrange financing to continue. Or that the mill that LBE constructed was of no use, and not needed. All these past claims have now been shown to be flawed, as a result of the progress of LBE in moving towards its stated goals.

The latest theory of the bashers will meet the same fate, unless the commodity price collapses. Rocky's aliases have been attempting to promote the idea that LBE shareholders will be hurt, by the involvement of Jilin Jien. So far, the share price does not support this theory, as the share has moved up 55% since Jilin Jien's involvement. The track record of these bashers is dismal, when it comes to assessing mining companies.

The reasoning put forth by the bashing gang is ludicrous. Rocky has suggested that Jilin Jien does not care whether LBE makes money, it is just interested in LBE's nickel. Junior Strom seconded this reasoning. I'm not suggesting Junior is part of the organized gang, he's whining for other reasons - but is just as ill informed and unfamiliar with reality as the gang.

The realities of Jilin Jien's situation, on benefitting by somehow taking LBE's nickel, have been set out on this forum by a number of contributors. Simply put, the benefits to Jilin Jien, can result only from the success of LBE. The ultimate benefit to Jilin Jien comes from LBE being as profitable as possible. And if LBE is profitable, that benefit also goes to the minority shareholders. The facts to support this statement have been posted on this forum, and are publicly available to anyone. The degree of success and the dollar affect on shareholder returns is an unknown, as is the case on any publicly traded company. However, plausible cash flow forecasts have been posted on this forum, to enable each reader to assess the risk/reward implications.

In assessing the risk/reward factors involved in maintaining or adding to a position in this company, one can take comfort in the fact that Jilin Jien invested millions in this company, based on the fact that Liberty was capable of repaying loans including fair interest, redeem preferred shares including fair dividends and provide a reasonable return on their 51% common share holdings. If this latter investment presumption is achieved, the same common share return will be enjoyed by minority shareholders.

I think its is obvious that Jilin Jien's knowledge of investments investments and this industry is superior to that of the Basher gang and Junior Strom. This along with the available facts, should be put inperspective, when these bashers repeat their unfounded pronouncements.

[rocksolid47]

Milly,Just more lies and hype. If you had any ethics at all, you would be ashamed of yourself.rocksolid

[victor2009]

Rocky,You say my assessment of your newest comrade is "just more lies and hype". But you are unwilling to back up your facts with data, or your theories with rationale.How about starting by proving that anything I have stated is a lie.Or, explain how that "Calibri" font got into your posts, and the posts of trailorparkboy, EB Farnum, etc.If you had any ethics at all, you wouldn

[rocksolid47]

Millwright,Actually I believe you are stupid & pompous enough to believe your own hype. A "so called" mid teir producer sitting at 17 cents ain't performance...lol..Whats it like to have everyone know who you are; is it good for business?Rocksolid

[victor2009]

Rocky,You say: "Actually I believe you are stupid & pompous enough to believe your own hype"Actually, I very strongly believe what I say about LBE, or any other company. I take it that in your world, and with your moral character, a person that believes in what he says is considered stupid or pompous. In my world believing what you say is a trait expected in an honest

[trailorparkboy]

Millwright aka VictorYou said "And you ask: "Whats it like to have everyone know who you are; is it good for business?" ..You're again confirming that the libelous remarks you made were directed at a person that's known publicly? That could be some disclosure you'll come to regret.Oooh I'm so scared!! Your the one who self identified a few months ago so you go right

[rocksolid47]

Trailorparkboy,It begs the questions, does Millwright aka Victor think his actions help LBE or hurt LBE?  Does he think his actions are good for his reputation or bad for his reputation? Rocksolid

[victor2009]

Rocky,Well, you got the two aliases conversing, fifteen minutes apart. And the trailorparkboy alias has the same deficiency in using "your", when it should be "you're" as the rocksolid47 alias. Another coincidence.Its along the same line as the "trailorparkboy" alias and the new contributor "doingthejob", both signing up for Stockhouse membership at the