NORTHERN SUN MINING CORP LBEFF

Millwright aka Victor isn’t your buddy

[trailorparkboy]

Millwright aka Victor isn’t your buddy,

The way it looks it appears is something different is going on with victor2009 aka Millright.  Just my opinion but I think he's likely very close to management and when LBE crashed he bought a boat load of shares.  Naturally he wants them to go UP so he can cash in. I think he knows as we do that this company is in a critical position and that we will only survive with a robust nickel price. A coin toss at best.

If LBE can't repay those loans or pay them slowly then Jilin Jien can take it private but I think they want a period of time to go buy since the longs  never got to vote - and that fact could create a stink.  So they need the Statute of Limitations to go by [probably 2-3 years] and then, at their election, they can take Liberty Mines private and the shareholders do nothing about it.  With those convertible preferred shares they will be within a stone's throw of that number.  I'm sure Jilin Jien officers and directors control enough shares now that they have the needed number.

The other aspect is that they really don't need to show a profit.  We don't know what's going on anyway - but they do.  They can jigger the numbers, bring ALL equipment up to first class [on the longs dime] and show zero profit.  Gary isn't going to say or do anything as he is working for them and won't risk his job.  Certainly not for the long term shareholders..  

We are now depending on the kindness of strangers.  Strangers who have NO reason to be kind to us.  They are after the nickel.  So I think victor2009 / Millright DOES know.  He just doesn't want us to know or wants to shut down the conversation so other fools will buy this pig.  Those  in Liberty Mines stock now are screwed and it's just a question of when they  sell, whether forced or voluntarily, and how big their loss is.  It WILL be a loss.

trailorparkboy