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Nautilus Minerals Inc NUSMF

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

Bullboard Posts
Comment by akragason Dec 12, 2012 5:51pm
329 Views
Post# 20721993

RE: Is this a buy

RE: Is this a buy

Since Deadlock's article days ago this stock has moved up a few cents. This is a normal pattern after a promo only to be brought down by short sellers who have no vested interest long term . I'm more concerned about the monetary status of the company and how investors have allowed NUS to sink to an  almost 52 low.

I would excercise extreme caution right now until they get their finances in order. Just my thoughts.

Bullboard Posts