NORTHERN SUN MINING CORP LBEFF

New 52 week low?

[trailorparkboy]

Rocky,

Is that a new 52 week low? I guess the market did not like the financials..surprise.

trailorparkboy

[rocksolid47]

trailorparkboy,I noticed they are playing up the production cost per pound and what they expect the "future" cost per pound will be. I think I have heard those types of projections before but it looks like they are still losing money. How does that work? I can't wait to hear Millwright's & Nickel77's spin.rocksolid

[legend7]

Trailor the costs of $5.17 were for the month of June only!! So looks like they should be coming in at $4.50 US a pound when they  are at full production I think that is a great sign!!I haven't looked through it all yet but I was very impressed with the June numbers when they are including...This non-GAAP statistic includes mining, milling, transportation,smelting, refining, price

[NiceGuyEddie]

sorry folks, after the q2 results and corresponding outlook, you can throw this stock out with the evening trash, they'll never get it done.  too much debt, he paid 0, and additional 400 million in stock will come out once jj obviously convertsit's too bad, i was hopeful there for a second

[trailorparkboy]

Niceguy, Thanks for being honest but you won't make any friends on this board. Some posters here still think they can win by throwing mud at another comapny. Massive dilution heading LBE's way. trailorparkboy

[rocksolid47]

niceguyeddie,Its too bad because the properties were decent enough. They should have listened when there was a chorus of people saying go into care and maintenance now. Had they listened, instead of attacking the messengers they may have still owned LBE. I really don't think there is much hope for the longs now. With no debt repaid and interest accumulating the company is going to Jilin

[victor2009]

NiceGuyEddie,You like short messages. You say "he" paid down no debt. Did you expect that a company in a quarter in which it was still developing a revenue producing asset, with only fractional cash flow from start up operation of that asset, would pay down debt? If so, you have confirmed that you know as little about basic business as the resident multiple alias basher. The LBE

[victor2009]

Rocky,I see you're exchanges messages with your self again. Talking to your self is often a sign of a deeper problem. what is it? Feeling your world crumbling around you. Has it sunk in that the dreaded LBE just demonstrated that the $4.50 per pound cost that you said couldn't be done - was likely being done as you posted? $5.17 per pound at partial capacity, on lower grades, should put an

[rocksolid47]

Oh come on Milly, you can do a better pump than that. Are you still trying to figure the economics out? Funny I thought a book keeper might “try” and explain the financials instead of attacking posters. Fact is, you don’t have much to add, that anyone with a brain, would actually believe. LBE is not profitable, nor is it ever likely to be…Just too much debt…simple. You just can’t sleaze your

[victor2009]

Rocky,Explaining the financial statements to someone with your cognitive deficiency is a waste of time. You're not even close to having a basic understanding of business, financial reporting or basic arithmetic. Remember your blunder thinking ISM had 4% nickel, when it was really 4 tenths of 1%? And your $64.40 share price estimate for ISM in 2007, or your billion pound reserve estimate for

[rocksolid47]

Millwright,You are correct,  I have the simplest understanding of finances...If you don't make enough money you go out of business..simple. In LBE's case when you can't repay the loans, JJ takes it over.Rocksolid

[NiceGuyEddie]

victor, if he pays down something like 500,000 in q3 and another 500,000 in q4, would you consider this a victory?watch the excuses come out in q3 and q4, it should be entertaining, bet you dollars to donuts he won't even be able to pay the interest.also have you noticed that he almost cut the 2010 nickel production in half since his original estimate?

[rocksolid47]

Niceguyeddie,I make a point of questioning any target they put out. The only numbers I believe are the numbers in their financials. I then take another look at those because they had trouble getting their reports correct. Just remember  they took credit for ore already mined in a report. They did get caught on that one however. I think it was part of the reason they had trading halted

[CaptainMax]

Hey puppetguy, While we are talking numbers, how are the 2 personal loans looking? Also, the "billion"? And lastly the $64.00+/share?? It's bad enough that you got these poor suckers to buy the shares that your CEO was selling, I think it's time to get your own alias and quit pumping the dream to these lowlife trailer dwellers. Cheers, CaptainMax ----------Original

[victor2009]

NiceGuyEddie,I am sure that the cash flow generated, now that production is near certified capacity, will be applied where it should be. I would expect that initially this will be mainly towards debt repayment, but it may also be in the best interest of the company to direct some to exploration and other capital items. I am far more comfortable in having a qualified management team

[victor2009]

Rocky,You may get a chance to explain what you think about getting reports right and the reason for the trading halt, to some people outside this forum. Those comments might be questioned along with your comments on Jilin Jien raping the company assets, and some of the other libelous remarks you've made in anger - as your world crumbles around you. It hurts, doesn't it Rocky - and it&

[NiceGuyEddie]

wow, I really believe that YOU really believe everything you just wrote.  Your name wouldn't happen to be Gary, would it?  at any rate folks, this will be a very expensive lesson for all of us.  let's not lose the lesson.

[gsgold]

You haven't seen nothing yet. Wait for Q2, I hear some are out at .11 - good luck