NORTHERN SUN MINING CORP LBEFF

RE: An optimistic point of view.

[angler21]

Kind of a shakey week this week. Really had to look at my idea of tax loss selling but as prices went down - I did my usual thing and bought more. Tried to stay away from the boards - Anyway, called Edm and talked to Chris. He is the IR guy. Phone # [phone]. Felt much better. At the current rate of procuction it is costing about $5 per lb and we get I think about $12. As we produce more and get into the richer grades our costs will drop. NR to be out the beginning of next week. It should be a corporate update. Will it change the SP over night - who knows. Tax loss selling is still going on so who knows. What I do know is fact - some people will sell for their tax loss and time is running out. Those that have sold have a 30 day period they cannot buy. May still continue being a good buying opertunity. Fact - the company is good and is advancing their projects. We are getting closer to having McWatters and I for one will stick around to enjoy our more productive days. Just look at what this company has accomplished in the last two years - much faster than most for getting two mines up and running. Fact we are a producer but more an exploration company. We have had many exciting drill core results. The Shaw Dome is an exciting exploration as can be seen by us, ISM, Golden Chalice. All have turned up rich grades. I find this company exciting because we, through Gary Nash have pursued making this company into a mine. While we have been advancing the property we have gone through the standard shareholder mailaise of awaiting timelines. We had a share price drop from over selling before the Redstone mill was built - summer sell off - delay in McWatter (which was a delay caused by the company deciding to pursue the higher deeper grade zone) - then the credit crunch - make a long story short the tax loss selling. My point, this is a terrific opportunity to buy into a good company at very low prices. Have a great weekend.