NORTHERN SUN MINING CORP LBEFF

Future of Liberty

[4fun]

We need the 43-101 reserve numbers from McAra, cost to bring it into production and economics to mine and we will have a mine generating 50 cents a share on an annualized basis. Once all the plans are firm we can promote the stock back into the 35 to 40 cent range where a small financing could be arranged. The promotion will not be kiting stock but distributing news of the actual economics of a small mine operation. If you look at the technical report on Sedar for Redstone there is 104,000 tons of proven plus inferred ore of 3.7% nickel already to mine. Surely at $6 / lb it would be profitable? What would it cost to dewatter and start a mini operation? The underground access ramp is complete to the 235 meter level. INCO, I am sure, would not be interested in a micro operation, but this could be very profitable for a lean operator. I don't think INCO was too happy with their limited exploration efforts to expand reserves at Redstone due to some technical difficulties. I'd like to see if Liberty could get Redstone back and start mining. If this could happen quickly, it could even generate the cash we need for McAra. This is especially true given various permits that would be required to start a mining operation. Redstone was a producing mine not that long ago. If Ed is correct in the cost to bring McAra into production and or if we could get Redstone back, it won't take a lot of financing to go into production. I'd like to travel to Timmons this summer and if all the potential economics are there as I beleive, the posters on this board and their friends can supply the financing. As Mineman1 saya it will be a very interesting fall. In the meantime, I'll be happy to accept your shares at 18- 19 cents.