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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 Dec 11, 2006 3:54am
262 Views
Post# 11842307

RE: Underwater or Undervalued

RE: Underwater or UndervaluedAnd what would that land based company be worth if the 1.5 billion dollar a year mining (or more) was just from the first deposit within a super sized district with amazing exploration potential? And what would that land based comapny be worth if capex for all subsequent deposits would be very very low because they could just "move the mine" from one deposit to the next? And what would that land based company be worth if they didn't need to worry about infrastructure to the mines? If there was a free railway to wherever the next deposit was found. And what would that company be worth if the 1.5 billion dollar (or more) was earned by mining low tonnage high grade material instead of high tonnage low grade? Nautilus is a comapny that could go really far. I am a bit worried that there will be a hostile takeover attempt too soon. cheers.
Bullboard Posts