NORTHERN SUN MINING CORP LBEFF

RE: UBS / Sweden unloads 150K

[Original_Braila]

Since I have talked to quite alot of people here over the months and not written for some time here (writes more at the swedish chatpages about Liberty), I just wanted to agree, 150 000 shares is not much of the total swedish holding and it was not part of my holding. Personally I feel that the ride from 55-65 cent has been nice, but the real cashflow will start to emerge during the spring and summer 2007. The company is in my view safer now being in production although some important things still needs to be put in place. Also I think the nickel market is so fundamentally strong that it deserves at least another 18 months of my attention. My estimate is that swedish shareholders hold something like 2-3 million shares and that alot of that is small investors. Maybe 3-4 including myself holds together 1 million out of those 2-3 million. In other words, some profit taking is very natural.