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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
Post by dropshotvolleyon Jan 10, 2011 6:54pm
299 Views
Post# 17950821

New Poster NUS

New Poster NUSI am new to Stockhouse boards and have not posted anywhere anytime ever before so please excuse my ignorance but I don't really know what I am doing. I Have been a NUS shareholder for approximately 4 years since first reading about this stock in the NM newspaper. Looks to me that the new extraordinary drilling results from December and early January did not do a lot to move the stock. Same for the environmental permit.  The appointment of Joe Dowling for communications may help and since his appointment I have noticed US brokers on the buy side. However, even with Dowling and even if a new JV partner steps in with $300 to $700 million or more in financing I still don't think NUS is going to move much more than $2/3 dollars or more. Further, even if more drilling comes in with say 50 to 100 meters of 30% copper I still don't think it will make a huge difference. I really don't think we are going to see the true upside to NUS until production occurs as it is a not a question of the resource but a question of the technology of extraction. In fact it may even drop down again below $1 per share. I am not a buyer or a seller here as in my opinion you don't need a lot of shares to make a huge profit and I am invested with enough to make large profits if it comes through. Thanks to other posters for showing scientific links and institutional holdings with NUS as this information is useful. Does anyone know if John Kaiser "Bottom Fishing Report" has written about NUS?
Bullboard Posts