Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nautilus Minerals Inc NUSMF

Metals & Mining Industrial Metals & Minerals
Nautilus Minerals Inc is a Canada-based company engaged in the exploration and development of the ocean floor for copper and gold-rich seafloor massive sulfide deposits and for manganese, nickel, copper, and cobalt nodule deposits. Its primary segment is Mineral Property Exploration in Australasia. The exploration activity involves the search for deep-water copper and gold-rich seafloor massive sulfides in the western Pacific Ocean and nodule deposits in the eastern Pacific Ocean. Its principal project is the Solwara 1 Project in Papua New Guinea (PNG) in the Bismarck Sea.


GREY:NUSMF - Post by User

Nautilus Minerals Inc
Bullboard Posts
User Avatar Image
(2)
•••
Comment by SurfForWealthon Dec 06, 2006 8:25am
261 Views
Post# 11813918

RE: Teck Cominco!

RE: Teck Cominco!Grade is more like 14 grams/ton not ounces. 1 ounces =28 grams. As I recall from memory they are hoping to start producing in 2009 with about $1.4B worth of minerals annually at current prices. Clearly prices & actual production could vary greatly by then in either direction. They estimate they need at least $270M USD for capital cost to start up which is $120M for undersea equipment and $150M for onshore concentrator. They currently have about $83M in cash and no debt. Cheers!!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities