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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 kroghon Oct 26, 2006 4:36pm
209 Views
Post# 11563414

RE: How is it possible to be halted for days?

RE: How is it possible to be halted for days?Thanks for your replies everybody. Environmental reasons? How can they enter into an agreement with Jan de Nul to build a vessel, and then later find out that there is an environmental problem with mining the deposit? Shouldn't they have done the environmental assessment first and then later started talking about vessels, robotic equipment etc.? Absurd. I really hope your source of information is wrong or that it is only a minor problem.
Bullboard Posts