NORTHERN SUN MINING CORP LBEFF

Millwright, Legend --> Dilusional!

[doingthejob]

So, Millwright, Legend, and the rest of "blind" LBE pumpers are in a state of denial.  To the point that they viciously attack anyone who dare suggest that reality and common sense suggests that they are being played as fools.  Legend goes as far as to say that it would be illegal for LBE to commit all future profit (if there is any after the JJ "rape") to exploration rather than pay dividends to its shareholders -- NOT! -- what a joke!  It is just hard to believe that these fools just don't get it.  JJ is worth, at the very least, double digit billions  Do they care about the profits of this hollowed out pig for those foolish legacy LBE shareholders?  JJ is interested in the LBE NI, or the cash equivalent, until it is no more.  Deferring their decision to convert the "preferred" shares is one that is dependent on new, significant discoveries.  The one, and only statement that I would agree with Nickel77 is that the Shaw Dome has "fingers" of NI.  The current LBE debt cancels its 5 to 6 years of NI reserves which leaves this as a hollowed out pig,  If new, significant reserves are not established in the next 3 to 4 years,  JJ sees this as a "cheap" loss leader to secure what LBE has for the next five years.  Beyond that, LBE must survive on its own as JJ, clearly, will only extend terms if it believes it is in its own best interest.  JJ has been careful to hold LBE, and the reckless Dr. G Nash, at arms length as long as they serve a purpose.  Do you really think that Dr. G Nash could secure credit lines with reasonable terms without JJ -- of course not! His vision, and management, have hollowed out LBE, and decimated the pre-JJ LBE shareholders. 

[NiceGuyEddie]

and to think this Nash character gets paid $300,000 per year...

[victor2009]

doingthejob,Well, another pronouncement from the guy that joined Stockhouse, along with trailorparkboy, immediately after drillbit ceased to be a contributor. Quite a coincidence. Also quite a coincidence that you jump into the role of bashing LBE, without explanation of your background, and that your opinions are such a mirror image of those we have heard from the Rocky aliases and

[trailorparkboy]

doingthejobWow, 9 paragraphs in rebuttal to your statement of the obvious facts. Not to worry, the more mud he slings the more ground he loses. He just lost another 9 shovel fulls of BS.trailorparkboy

[trailorparkboy]

Heh Rocky,So you have seen this guy "unravel" before likle this? What a nutcake!trailorparkboy

[victor2009]

NiceGuyEddie,Your comment might be intended to suggest that the $300,000 remuneration to Gary Nash is excessive, but I'll not pre-judge your intention, until you expand on it.The CEO remuneration is a topic the organized gang of bashers has avoided - I think we all know the reason. I think it is something that should be discussed. All public companies disclose the salaries to the top employees

[rocksolid47]

trailorparkboy,Yeah watching Millwright aka Victor lose it was really hilarious. A text book case of someone who can't keep his pie hole closed.I agree, a 300K salary for losing 51% of a mining company is obscene. His salary should be reduced to 147K to take into account that loss.Rocksolid

[victor2009]

Rocky,I'm really surprised that you would comment on CEO compensation, but I was hoping you would.Information from the Management Information Circular of your company of choice is shown below.Considering the fact that in the first week of the year following this period, the CEO presented a document that could be said to measure the results of his prior efforts on the company's major

[legend7]

Doing the Job?Legend goes as far as to say that it would be illegal for LBE to commitall future profit (if there is any after the JJ "rape") to explorationrather than pay dividends to its shareholders -- NOT! --Where did I say this?I think you are crazier than Trailor and Rocksolid or at least a close cousin or something.Obviously people are disappointed with the share price I am too I