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Bullboard - Stock Discussion Forum NORTHERN SUN MINING CORP LBEFF

GREY:LBEFF - Post Discussion

NORTHERN SUN MINING CORP > Shallow/Simple/Stupid LBE Shareholders
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Post by doingthejob on Jul 18, 2010 11:16pm

Shallow/Simple/Stupid LBE Shareholders

What is it that you inept LBE shareholders do  not understand? JJ keeps its options open for its own gain!  And so they should, they negotiated the "rape" terms with Dr. G. Nash to ensure that they get paid at the tune of approximately $1.6 per year in direct interest for the "preferred shares" should there be no significant discoveries, or exercise the option to attain 76.3% ownership in LBE should they get lucky and strike a deposit big enough to buy out the "preferred" shares.  What should be obvious, is that JJ is not quick to exercise their options and should there be no such strike in the next 3-4 years, intelligent investors recognize that LBE shareholders are done!  Legend's "blanket" $4.50 cost per pound of NI, without taking into account the NI grade of the mine, the extraction method (and associated cost), is one that is so simplistic, it is embarrassing to any credible shareholder.  JJ set the threshold at $7.00 per NI pound where the business case becomes viable.  But Legend, his reckless pumping of this pig, which is evident to all, is one that leaves him the laughing stock of the investment community.  He is nearly as sad a case as Millwright!
Comment by legend7 on Jul 18, 2010 11:42pm
Which investment community would that be?? You, Trailor and rocksolid all after your shift at Mcdonalds...LOLThat is quite the circle jerk!!You refer that the blanket costs per pound is a joke without taking into account the NI grade of the mine and the extraction?? Of course it was taken into account that is why the costs for MCWATTERS is around $4.50 per pound and the costs for HART is going to ...more  
Comment by victor2009 on Jul 19, 2010 12:57pm
The newest alias to join the Hole in the Wallet Gang LBE bashers has now made his second post. Typical basher's effort, no explanation or defence of the flaws in his first diatribe, which was shot down on all counts.doingthejob is just another alias for a group that combines their effort to bash LBE. It has been expressed by some, that in countering this organized bashing, no mention should be ...more  
Comment by rocksolid47 on Jul 19, 2010 3:55pm
Doingthejob,Good post but don't expect anything but lies and innuendoes from these clowns. Shallow / simple / stupid is giving Milly aka Victor too much credit. The singular most dishonest buffoon I have ever met is a 5CQJZmore apt description. He will end up in court for what he is up to.  Seen it before! You watch, he is incapable of keeping his mouth shut even at the expense of his own ...more  
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