NORTHERN SUN MINING CORP LBEFF

RE: The Bashers

[victor2009]

Rockbottom,

You say: "News flash! You don't have two years pal"

News flash #1. I said LBE plans to service the current debt in less than two years. The debt due May 2011, subject to conversion is expected to be paid according to the terms.

News flash #2. The debt due May 2011 is not converted into shares. To the extent any amounts remain outstanding under the credit facility after May 25, 2011, JJNICL shall have the option to convert such amounts into common shares at
.11 per share.

You have reading comprehension problems, along with an intense desire to try to convince yourself and others that cash flow generated will not be applied in accordance with the guidance provided by management and approved by the majority shareholder and creditor.

Rockbottom, this company is making a profit every day and has done so since July 15, or earlier. As payments come in from Xstrata for the concentrate, the profit becomes cash. It doesn't disappear, it is used to pay off the financing obtained to reach this state of profitability. Its really not that difficult to understand. The company has three mines that are economically viable, in the opinion of independent experts. Economically viable means these mines will cover all expenses over the life of the mines plus the capital cost of the properties and provide a return on investment.  This was based on a Ni price of US$7 and an exchange rate of 90 cents.

On what basis are you claiming that you know something the experts don't know. Is it your past history of assessing mining companies? Does your selection of a company that is unable to demonstrate economic viablility after five years of exploration, qualify you as an expert? Does your prediction that ISM have a $64.40 share price in 2007, qualify you as an expert? Does your prediction that the Micon Report on ISM would show a billion pound reserve qualify you as an expert? I'll answer my own questions - your past history of assessing mining companies exposes you as a complete deceitful fool. Why not come back after the 2010 Annual Report and see how a profitable producing mining company functions. You won't have to rely on what LBE supporters tell you, you can read the financial facts that the Auditors have approved.

Hurts, doesn't it Rockbottom, and its going to hurt you a lot more.