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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
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Comment by kroghon Sep 27, 2007 2:58pm
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Post# 13481668

RE: WHY? WHY?

RE: WHY? WHY?You keep repeating that Teck bought shares last week. Back up the claims, please. The ad on the web site was just mentioning the PP from last year. About paying more than the market price. That happened last year as well. Don't you remember the halt last year? The price is negotiated between Epion and NUS management. It is not terribly important what the low volume market is doing. We were clearly undervalued at $3, and we still are. Epion got a low price. Epion could not have gotten 10 million shares on the open market below 3.60. Last year we actually moved past the PP price shortly after. This might happen again soon. Let us see. The thing I don't get abojut todays announcement was why we paid a finder's fee for this. Epion, the largest shareholder takes a new PP. Why hire a firm to "find" Epion? Cheers
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities