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Bullboard - Stock Discussion Forum NORTHERN SUN MINING CORP LBEFF

GREY:LBEFF - Post Discussion

NORTHERN SUN MINING CORP > aatozz, reality check.
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Post by victor2009 on Aug 25, 2010 11:23am

aatozz, reality check.

aatozz/doing the job,

Here's a reality check. Nickel77 did not lie, as you claim. His statements are supported by publicly available information, unlike yours.

You made the following statement:

Post #28510982 : "The Chinese,with their controlling interest in LBE, are systematically hollowing out LBE leaving the minority LBE shareholders to die on the vine"


This statement suggests that Jilin Jien is systematically (that is "through a methodical procedure or plan, marked by thoroughness and regularity") removing assets from LBE, in a manner that will cause harm to minority shareholders.

This is false information. Amounts taken by Jilin Jien have been limited to repayment for funds due to them, under normal business arrangements, and in my opinion terms that are generous and beneficial to minority shareholders. For example, where else could LBE expect to get unsecured advances through short term notes at 8%, renewed at similar terms if required. This is not "systematic" hollowing out, it is beneficial reaction to financing realities, recognizing the needs of LBE - and therefore all its shareholders. Instead of making some harebrained suggestion that Nickel77 is risking small claims actions of $25,000, you might consider the wisdom of making unsupported claims that a respected global company is "hollowing out" its Canadian subsidiary.

If you want reality, the above reality is close to home - for you. It's false, it is defamatory and that adds up to you taking a huge risk. What's the risk/reward in doing this? Does it make the horrible performance of your company of choice seem better? Is it reducing the financial loss on your decision to invest in a mining experiment that has failed dismally? Does it take away the embarrassment you must feel, when you became the laughing stock of two forums with your naive plan to question Randy Miller?

aatozz, you are a loser, plain and very simple. If you want to learn something about the positive side of investing in mining companies come back when LBE's 2010 Annual Report is issued. You can join your fellow loser and fool, rockbottom, and find out what independent professional auditors report on the profits and cash flow. Then maybe you'll realize that SRK Consulting, as independent professionals, are much more qualified than you in assessing mining companies. You will also have learned that NI43-101 reports are a valuable information source - one that could have steered you away from your investment loss, to a company that is economically viable.

With your supposed electronic skills, maybe you should convert this message to the format you can put on your digital recorder. That way you can have something worthwhile to listen to while you're waiting to do lunch with Randy Miller and get those survey questions answered. Too funny!
Comment by trailorparkboy on Aug 25, 2010 12:04pm
doingthejob,These clowns have been wrong on almost every prediction they have ever made. Even black & white financial statements are spun into gold. trailorparkboy
Comment by victor2009 on Aug 25, 2010 12:27pm
Rockbottom,I'd say the LBE supporters have a far superior record to you in their predictions.You said LBE would not get financing and would be bankrupt. Wrong.You said LBE would never be profitable. Wrong.You said ISM would go to $64.40 in 2007. Really Wrong.You said ISM would disclose 1 billion pound reserve in the Micon Report. Really, really dead wrong!LBE supporters said LBE would get ...more  
Comment by trailorparkboy on Aug 25, 2010 1:17pm
Rocky,This Millright aka Victor guy is certainly a sociopath. Do you see the venom with which he attacks people when his ego is damaged.  Sociopaths have a very high need to be in control of other people. He is in his element when he has people who agree with everything he says. You, I and others don't give him what he wants.Poor little sociopath! I guess he will just pout for a while ...more  
Comment by doingthejob on Aug 25, 2010 1:18pm
Millright,Your emotional response, complete with personal attacks, again, and no real rebuttal to the facts as outlined in the post "Millright, Reality Check!" speaks for itself.  I guess it is difficult to argue against the facts when the facts expose the truth.  Thank-you for the endorsement.  Your losing it, buddy!
Comment by victor2009 on Aug 25, 2010 2:15pm
aatozz,You keep running at the mouth whining about Millright and personal attacks.You say there is no rebuttal to what you call facts.First of all, you come on this forum and refer to those who disagree with you as being mentally ill. Do you consider that to be some sort of "personal" attack.Then you refer to your garbled essay talking about moose pasture, care and maintenance ...more  
Comment by doingthejob on Aug 25, 2010 2:24pm
Millright,Truth hurts, doesn't it, Millright!Again, your soap box grandstanding about nothing makes you the laughing stock of the investment community.  I know I get a good laugh when you foam at the mouth and take one of your tantrums.  You really are a sad case!
Comment by trailorparkboy on Aug 25, 2010 2:30pm
Honestly Millright aka Victor,Do you think anyone reads your posts? It looks more like you got caught in a lie and are trying to deflect by blubbering about nothing. You are getting less coherent by the day. Rocky said you have no self control or limits, and he was right about you again. You are the first sociopath I have ever recognised, thanks to Rocky. Now that I know how to recognise them it ...more  
Comment by victor2009 on Aug 25, 2010 3:31pm
aatozz,Your naivete is showing. The "investment community" is a little broader than what you envision - Stockhouse forum exchanges are not subjects that rate notice by the "investment community". If you're talking about being the laughing stock of the ISM forums on Stockhouse and Agoracom - you've got that title locked up, hands down.  That survey you dreamed up ...more  
Comment by doingthejob on Aug 25, 2010 3:45pm
Millright,And your tantrum continues...I know your reeling from your bad LBE investment as reality is obviously setting in.  You need to get a grip on yourself man, you're going to have a stroke if you calm down.  And for what, to simply keep looking like a fool to this forum.  It is just not worth it, buddy!
Comment by victor2009 on Aug 25, 2010 3:52pm
Rockbottom,You say: "...it makes me think back to other people I have had strange vibs from."I think you may have self diagnosed your problem. Those "other people that you have had strange vibs from" was the clue. Forget about sociopaths, I think those vibs may be a social disease. Left unchecked this often affects your mental capabilities - you are obviously an advanced ...more  
Comment by victor2009 on Aug 25, 2010 3:54pm
aatozz,I take it that means the lunch was cancelled.
Comment by doingthejob on Aug 25, 2010 4:33pm
Millright,Congratulations, I see that you are starting to get a grip on yourself.  I knew you could do it!  It is better than looking like a fool all of the time.  So back to business.  Given my post on the LBE Reality Check, still waiting for some meaningful comments.  I know it is a difficult and emotional time for you given that you probably just realized what a dire ...more  
Comment by victor2009 on Aug 25, 2010 5:07pm
aatozz,Your post on the reality check looks like it was composed by a grade three student, with a learning disability.After Nickel77 provided you with a model for doing forecasts, you provided some intelligible forecasts on a mining operation. I say intelligible, in that using Nickel's model, it was easy to see where you had made numerous critical errors - such as forgetting capital costs ...more  
Comment by doingthejob on Aug 25, 2010 5:31pm
Millright,Well, I guess that the "congratulations" was premature.  I see that you are back to playing the part of the fool. Tantrums and personal attacks is about the only move you could make to deflect from the dire situation minority LBE shareholders find themselves in.  I can certainly understand why you don't want to address the truth outlined in the LBE "Reality ...more  
Comment by victor2009 on Aug 25, 2010 7:40pm
aatozz,So will you be advising the forum as to your reasons for disagreeing with the SRK Consulting Reports?My guess is you won't. That will be an admission that your Reality Check has not met the check of reality.By the way, what do you see as being predatory credit terms? Will you be adding that claim to your claim that Jilin Jien is "hollowing out" the company, to the detriment of ...more  
Comment by doingthejob on Aug 25, 2010 8:01pm
Millright,You should know better!  Your cheap attempt at deflection where the SRK Consulting reports (I believe) are based on the economic viability of any one mining endeavour, whereas the terrible terms of the JJ deal, deal with LBE as a corporate entity -- share dilution, debt, preferred shares, etc.  This is a completely different matter.  Apples and oranges my man, and you know ...more  
Comment by trailorparkboy on Aug 25, 2010 9:03pm
doingthejob,By the time LBE pays off the debt, there won't be much Nickel left. Either way the longs get the shaft.Millright aka Victor is one of the stupidest people I have ever come across. All he has done is bring bad attention to LBE. Most sociopaths have above average inteligence; this is where he departs from the average sociopath because he is really stupid.trailorparkboy
Comment by doingthejob on Aug 25, 2010 10:05pm
TPB,Millright, aka Victor2009, is the sociopath you pointed out.  He simply refuses to address the dire situation that minority LBE shareholders, including himself, find themselves in.  When I was presenting my scenarios, I left the massive LBE debt out of it, as the massive dilution speaks for itself.  However, if we were to bring the massive debt into the scenario, as I presented ...more  
Comment by victor2009 on Aug 26, 2010 3:28pm
aatozz,You are accusing someone of deceit for deflecting attention to an independent report on economic viability? That's a typically dumb observation. I know one company that the public would be thrilled to have an assessment of the economic viability of mining properties that have been hyped for the past three plus years.So you say that that the interests of the minority shareholders and ...more  
Comment by victor2009 on Aug 26, 2010 4:03pm
aatozz,I'm not going to waste much more time trying to explain that as investors most people don't give a damn about some neophyte's theories on dividing a pie. I don't think you want hear why people that are much more knowledgeable than you, assess LBE differently than you. And I have doubts that you understand the basics involved in how they come to the conclusion. To be honest ...more  
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