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Bullboard - Stock Discussion Forum NORTHERN SUN MINING CORP LBEFF

GREY:LBEFF - Post Discussion

NORTHERN SUN MINING CORP > Niceguyeddie
View:
Post by Nickel77 on Sep 24, 2010 2:31pm

Niceguyeddie

Niceguyeddie

 

Personally I would be surprised if LBE s numbers are much better than that of the second quarter.  Production most likely has increased (which is the positive to watch), but we all know the grade from the pit is much lower than everything else.  That material had to be taken out first before getting to the better grades below, and if not already done, should be over the coming week or so. Because of that, realistically the numbers probably won’t change much from that of the last quarter, in my opinion.  From what I have heard, LBE is just getting into the higher grade material. With an upping of average daily production once again in the fourth quarter, along with the higher ni % grades, the fourth quarter numbers will show what LBE can do going forward.  It will be interesting to read your comments then.

 

Sit back and relax until the fourth quarter numbers are out.  For a guy that isnt even a shareholder, you seem be stressing yourself out. Why is that?

 

Best

 

Nickel77

 

 

Comment by NiceGuyEddie on Sep 24, 2010 7:29pm
can't wait to see your post after Q4 numbers are issued, you seem to be well versed.
Comment by rocksolid47 on Sep 24, 2010 10:40pm
Nickel77,Nice to see the pumpers getting out ahead of the next financial statements.  It’s good to let everyone know there won’t be much in the way of positive news. In the mean time the interest keeps accumulating. That’s the magic of compounding interest at least for Jilin Jien.I would not be surprised, at all, if LBE borrowed even more money in the third quarter. We will see.Rocksolid