NORTHERN SUN MINING CORP LBEFF

Off Topic - Liberty

[angler21]

My favourite activity is wandering. Lets look at Lbe - we have a mill - paid for free and clear (Ursa Major - emerging Ni producer in Sudbury - they need to raise $130 million dollars to advance their Shakespeare and Shining Tree Mines and the processing plant.(not trashing it, I like it) Reality check it costs money to get things going. There are major hurdles to climb to get a jr company going. And we still own it 100%. Real world out there - it is ugly. We are still classified as an exploration company. One fund decides they do not want exploration companies and our card came up. Another company decides they want our shares. Salman brothers did the trade. It showed up as 700,000 shares last Thursday. Salman brothers handles all our financings. Most institutions buying into our financings do it through them. Therefore we see their transactions. Fact of life. Now, Gary arranged our financing after the show. Companies are interested in us. At a time when financings are really difficult - how lucky we are. There are risks but for us it is a means to the end. It is a very good thing that businesses are not run like these boards. The purpose of bashing vs defending your board. Here it has all come down to the attack. All the undermine the value of your opponents shares. It does not matter how a share price ends it matters what range a share price trades at. How high will a share price go. How long is it since the last news release. How much do people want your shares. What is the environment out there. Cramer said never buy a share on the day a news release comes out. It is all hype. The ones that really want your share do not own them already. They are building up numbers. At the end of the day are the guys that put down the lower price. They are patient. They figure the sellers who did not sell at the price they wanted will come down to theirs. This is what Liberty is facing now. Next week is a big news week for us. We find out about our financing and our year end closes. May is our target for the ramp being done. We are waiting for 43-101s (my favourite part) and we find out exactly what Lbe's plans are for this year. Now there are always different choices out there. Me, I stick here. I know the risk is here but I knowingly accept it. Do I think this mine will be economic. Yes. Do I think this property has tremendous value? Yes! Are there better choices? Only you do but just think of what we have accomplished and where we have come from. I think this is an exciting company and I think dollar for dollar there is tremendous value here in Liberty.