NORTHERN SUN MINING CORP LBEFF

Sad to see Gary leaves

[canada7]

Well, LBE did not perform well, and he struggled during one of the worst financial crisis in the modern time, but LBE did not make it in spite of numerous effort by him and LBE team. He did much better job than his predecessor has done. Much more focused, and he responded to shareholder concern quickly. He put out a most aggressive production plan and schedule, and he thought LBE is going to $10 from $2 due to the anticipated production expansion plan. I still had many of his presentations which he put on the LBE website. I kept most of them to track the progress, and in one of the presentations, he outlines the case for LBE to be $10 by significant production increases. Well, that did not get realized, and then the financial crisis came (and nickel price dropped 75% during the process), and then he found a Chinese partner, but still even the Chinese partner could not save LBE as the stock kept on dropping to 5 years low. Gary had to go as a consequence. He as underestimated some technical difficulties, and the grade was just OK considering the low price during the crisis. Had the metal price stayed above $20, LBE will be OK, but metal price dropped significantly instead. Gary, take care, and wish you the best in your next effort.

[millright]

There are a large number of shareholders that are sorry that Gary has left the company. There will be a replacement, and I expect that those that choose the replacement will do their best to see he is well qualified. In my opinion they will not find a replacement that provided the comfort level that Gary Nash did, to me, and a number of other minority shareholders. Gary lived and breathed LBE. He

[dellrey6666]

Thanks for your words Millright.  100% on the mark!!  I have the greatest respect for Gary Nash. He took LBE from nothing into production.  He is worth his weight in gold as a CEO.  A new chapter for LBE in 2011.  I am still a shareholder and looking forward to a bright future for Liberty.

[doingthejob]

Sounds like a eulogy at a funeral.  Lots of opinion in this post that suggests that you are an emotional wreck over the LBE meltdown and the departure of Dr. Gary Nash.  If, as you suggest, Dr. Gary Nash is the powerhouse that he is, why was he given his walking papers?  Secondly, those very people that released Dr. Gary Nash from his duties are the same people that will choose his

[Nickel77]

Dellrey,The fact that Gary is longer with LBE has been a big disappointment for many that have been with the stock from near its beginning. It is a brutal industry, and when change comes about, it is usually his position that is the first to go.The stock has fallen by almost 50% since his departure. Since no news on updates or direction have come forward

[millright]

doingthejob,My comments were those of appreciation for a man who exhibited great ability, sincerity and integrity in the performance of his duties. These are attributes which you obviously do not have, which no doubt influences your judgement in selection of your investment of choice, and the individual who guides that company.  I noted that although tantallon on Agoracom (that site

[dellrey6666]

Nickel77, yes I agree. Gary Nash was extremely hands-on almost too much in the trenches as a CEO.  But that was his choice/style.  He got the job done. Its now time for a more 'business wall street' type CEO to lead.  The coy has some talented and expensive help...use them and leave the promoting to the CEO.