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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 12, 2011 7:18pm
247 Views
Post# 17962881

Mining Permit Future Financing

Mining Permit Future FinancingHello again NUS shareholders and followers. Thanks for replying to my first post. I believe the mining permit is realistic as the environmental permit has already been granted. It would not make sense for the government to grant one without approving the other although you never know until it happens. I also think the JV financing is probable and has not occurred yet as NUS management is trying for the best deal possible and majors still have concerns relating to the technology. I am not a scientist and don't know if this would have been possible but a significant bulk sample would have helped to prove the viability of the deposit increased the share price for a better JV deal avoiding dilution. The NUS project is one of if not the most important event in the mining industry in the last 40 or more years. I also own a few other mining juniors that I am only invested into for say a move to double or triple my investment. NUS is much different and I am invested for a move of $30 to $60 or more per share even though this may seem insane to some and still may take more than 1 or 2 years. I noticed even though I don't know much that my post was read by only 78 people. To me this is similar to the answer I received by an old friend of mine with a huge book who is a mining specialist when he said to me that he had never heard of NUS. Perfect answer in my opinion as this guy thinks he really knows mining stocks . On the other hand when I called another old friend of mine who is a senior executive of a major mining company he knew NUS right away proving that senior executives in the mining industry are watching NUS very closely. I asked the broker to look into the stock and he agreed that the grades were remarkable but commented that NUS would never be granted an environmental permit. Again perfect comment by this broker proving that the majority of brokers are half asleep and will pile in when the majority of brokers wake up by reading about NUS on the front page of the newspaper or are told to buy the stock by their research departments. Please two questions 1. Are there still any NUS Warrants that can be exercised? 2. Has John Kaiser and his Bottom Fishing Report commented on NUS?
Bullboard Posts