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Bullboard - Stock Discussion Forum NORTHERN SUN MINING CORP LBEFF

GREY:LBEFF - Post Discussion

NORTHERN SUN MINING CORP > Market Activity
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Post by victor2009 on Apr 15, 2010 2:53pm

Market Activity

I still like the looks of this momentum. It looks like we're in that nice situation where there are some larger buyers wanting in, and having to shop around to find sellers - moving the bid up to find the numbers they're looking for. Looks good for the future, as there is no doubt in my mind that the news over the next while is going to attract more buyers.

It looks to me like the activity of the last couple of days has attracted some that are going to play a few games. So far it looks like small timers. When a big buyer has to scramble through four houses to fill his order at .29; its a bit suspicious that a new house appears, and dealing with "anonymous" there's suddenly shares available at .265. I guess this goes with the territory, and in reality these games will be a waste of time as more buyers appear wanting to takelarger share positions. Its nice to see buyers again, biting off 100,000 shares at a whack. Looks like the message is getting to some bigger boys.
Comment by trailorparkboy on Apr 15, 2010 3:17pm
This little spike will only last a day or two. The economic fundamentals of this stock are non-existent. Poor management and huge debt overhang killed it. The Chinese will own it outright soon.trailorparkboy
Comment by trailorparkboy on Apr 15, 2010 4:02pm
We saw this sort of thing back in November, after the stop trade oder from the tse was taken off. The same pump we hear today is the same we heard then from the same guys. If I had to guess I would say they read the tea leaves and are selling into a fresh bunch of marks.trailorparkboy
Comment by legend7 on Apr 15, 2010 4:27pm
Trailer/Drill/Rocksolid, Whatever your name is for the moment you continue to show that you don't have a clue of what you are talking about. I can't believe you continue to show your face here when you missed your target on ISM's share price by about $20 or so? Do you still believe in that story? Its down in the low 30's now? Soon LBE will be above it and will never look back.As ...more  
Comment by rocksolid47 on Apr 15, 2010 9:03pm
Legend,Trailorparkboy is probably right regarding the debt problem. You have to get production at those rates your talking about first and get $12 plus. And don't forget the USD dollar is weak which is bad for LBE cause they get paid with it yet costs are all in the canadian dollar.I heard you guys throwing around numbers before. Which ones worked for you?? This is no different.Rocksolid
Comment by victor2009 on Apr 16, 2010 12:27pm
Legend,Trying to talk sense to the Hole in the Wallet Gang is a hopeless task. They've got two major hindrances - denial and comprehension. They don't want to hear the reality that the company they hate is rapidly approaching the milestone into profitability. And they don't have the intellect to understand the business and financial considerations involved with a successful ...more  
Comment by trailorparkboy on Apr 16, 2010 6:05pm
More "shill style"  financials  from Victor. The biggest liar on the planet.
Comment by rocksolid47 on Apr 16, 2010 8:49pm
Trailorparkboy,Did you expect anything less from the hole in the head gang. They still think they own LBE. They haven't come to understand what the Chinese ownership truly means.Rocksolid
Comment by spray on Apr 17, 2010 12:12am
More "shill style" financials from Victor. The biggest liar on the planet.trailorparkboy you got that right. victur The biggest boiler-room shill on the planet.happy spray
Comment by NiceGuyEddie on Apr 17, 2010 9:20am
Short answer is don't be shortsighted in thinking that LBE offers nothing because some of us bought years ago at $1 +.  Bite the bullet and recognize its value now at 20-30 cents.The balance sheet looks brutal at 45 million in debt.  However, I'd rather see them pay it down vs new share issue.   At these prices and less, we can see an additional 48 million in cash ...more  
Comment by rocksolid47 on Apr 17, 2010 12:09pm
Spray,And he has been at it for a number of years now. Pumping LBE & bashing LBE. They won't even let him on the AG board anymore.rocksolid
Comment by victor2009 on Apr 17, 2010 1:35pm
rocksolid,That embalming fluid you've had to drink at your forum of choice is starting to deaden your limited mental ability even more. I have been on this forum for months not years. But I can understand that the period of Micon Report to #2 Restructure and Unlocking of Value for your company of choice must seem like years. Time doesn't fly when you're being eviscerated. As ...more  
Comment by rocksolid47 on Apr 17, 2010 2:41pm
Victor, The more you talk the weider you look.Rocksolid
Comment by victor2009 on Apr 17, 2010 2:56pm
Rocksolid,You say: "The more you talk the weider you look."Thanks rocky, I try to look after myself, and many people have been so kind to compliment me on my physical conditioning. However you are the first to use that adjective - you're kind of dating yourself, though - Ben Weider was a great body builder, but he died over a year ago at 85. Maybe update your jargon - like ..... the& ...more  
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