NORTHERN SUN MINING CORP LBEFF

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[JohnEStromJr]

legend7,

I'm beginning to think you can't read.  No, I did NOT buy at the top.  My average cost is around $2.64 which is well below the top but, stupid me, I believed in Gary Nash.  BIG MISTAKE and a lot of us got sucked in so lose the attitude about those who should not be in the market.  You tend to be very condescending to say the least.  Those who were loyal to Gary Nash got shafted - pure, plain and simple.   And the Chinese got the mines!

Is this as high was Liberty Mines will go?  If I'm correct, probably.  Obviously I can't see into the future any more than you can but since management gulled its own investors once why not again!   I think this thing is aimed at going private and we will not see much of any increase from here. It could very likely go considerably down.  One thing is certain - you have a lot more optimism about the future than I do.

You still didn't answer my questions regarding buying back those convertible preferred. Dodging that one are we?  I'll make this simple for you.  Gary is the CEO and President of Liberty Mines but Jilin Jien calls the shots and he can be fired in a heartbeat.  Jilin Jien will buy all of out nickel concentrate at some price we will not know or have any say in - they DO own 51% afterall.  They can exercise those convertible preferred options any time they choose AND they will know when Liberty Mines has sufficient money to buy them back.   If Jilin Jien wants those  shares [they do] then they can simply stall paying us through regulating production etc and buy those convertible preferred before Liberty Mines can and Gary Nash is NOT going to tell them they can't.  He would be seeking employment elsewhere if he did and I don't see Gary as standing up to them.   Now if you disagree give me a reasonable scenario where Liberty Mines can buy them back and would have sufficient capital to do so.  Keep in mind Gary was long on rosy projections and very slow on delivering.