Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Whiner, complainers, bashers & closet geniuses…

"holy smokes! i know i have had my fears and concerns (and still do) but no one held a gun to my head and forced me to invest in the stock market."

Maybe so. But I do remember, 6 short months ago, sitting in a packed investor's meeting in Edmonton where Gary Nash reassured a room filled with worried shareholders that we just needed a bridge financing of $5-$10mm to get us over the hump. Then a few weeks later we see a NR with a monstrous $32mm financing from Salman... and then a few weeks after that the stuff hits the fan with the questions over the status of our Ni 43-101's and then the financing seems to evaporate. And now, after all the waiting, we lose control of the company to JJNICL.

EDMONTON, ALBERTA--(Marketwire - Oct. 27, 2008) - Liberty Mines Inc. (TSX:LBE) ("Liberty or the Corporation") announces that it is in discussions with various lenders for financing alternatives to the secured note financing announced September 29, 2008. A subsequent press release will be presented shortly with further details.

October 27th... press release shortly! Don't sell those shares!

JJNICL management has an obligation look after its own shareholders first. What incentive does it have to keep retained earnings in Liberty Mines? None. Both the ore and the cash will hop a ship across the Pacific and we'll be left with neither.

I am not going to lose sleep over this, but I saw a lot of faces in that investor's meeting in September that will be.

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