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NORTHERN SUN MINING CORP LBEFF

Metals & Mining Industrial Metals & Minerals


GREY:LBEFF - Post by User

NORTHERN SUN MINING CORP
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Post by drillbit2008on Jan 16, 2010 11:23am
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Post# 16686732

line of credit

line of credit

I think how the financials will play, JJ will act as a revolving line of credit.

1.       Lend LBE to get a mine going

2.       Strip the ore body to hopefully repay the loan

3.       Lend more money finance the next mine (or take additional in LBE)

4.       Strip the ore body to hopefully repay the load

5.       Proceed to step one

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