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

Bullboard Posts

Comment by dropshotvolleyon Jan 15, 2011 7:19pm

141 Views

Post# 17979015

RE: RE: Mining Permit Future Financing

Thanks for your reply about Warrants and Kaiser. Saw your reply to me about MAR or at least I think that was what you bought before you bought back in. Congrats to you! I think a JV partner and more drilling results would move it to $2.80 or $3.00 or more for sure but I think it is possible that everyone could get bored again and it could drop down again until they get to production. Regardless as you mentioned the assays are mind blowing. The type of JV deal they sign is of course very important. If the JV takes a share position in NUS then I figure at current share price levels and with a requirement for around 500 million dollars give or take then the outstanding shares could move up to 300 to 400 million shares out! Wow that is a lot. However maybe they sign some type of deal that outright splits the Solwara 1 with no more dilution. How did you determine the institutional shareholders like TD etc and who was buying and selling? Did you review every single mining mutual fund over a period of time to determine if they were participating? Lots of work if you did.

Bullboard Posts

Visionstate set to leverage success in the U.S. market