NORTHERN SUN MINING CORP LBEFF

RE: Management Discussion and Analysis

[hopeful2000]

"Can't imagine that the market won't react positively to the MD&A - as word gets circulated." Without wishing to ignite some sort of contentious debate - at some point quality products need to be "made known" to the public (I don't want to use the word "promoted" because of the negative connotations it has with many). If not, you might end up sitting on a best-kept secret for a frustratingly long period. Many investors are like sheep in that they need to be led by their hands and told that the pasture they are looking at is worth grazing on. News releases need to be interpreted, dumbed down sufficiently and sung to the retail masses, and it is the retail masses that drive stocks up or down. We need the retail masses in addition to the institutional investors. With luck the institutional investors will start recommending and writing articles, if Liberty is firmly decided against actually promoting itself. If ISM could be promoted to over $6 on the meager news it put out, just think where LBE could have gone. $10? $15? Whatever the number would have been, it probably would not have dropped down to below $2 recently. If ISM is sitting at over $4 now, it is reasonable to believe that LBE would be trading considerably higher. Maybe a placement could have been done at $8, instead of $4.65. Allow me to add that I do recognize that other issues enter the debate here and that the issue not entirely straight forward. However, I am saying all this because the notion has been expressed here that the only thing that really matters is the ultimate (price) outcome, when the market, at some point in the future, finally recognizes the value of LBE. I dare to claim that time horizons also do matter. In my case, I have some large expenses coming and would rather be selling some promoted LBE at $6 than for $2.25. Sincerely, and full of hope, Hopeful200