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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 Feb 05, 2011 6:44pm
327 Views
Post# 18082484

2 Weeks for PNG

2 Weeks for PNGThanks to others for posting the O'Sullivan interview and the article about the de-watering and ore processing although the article was over my head. The PNG government has about 2 weeks left on the option although this could be extended. With the PNG JV Option announcement and the release of drilling results the NUS management team has fulfilled their promise of drill results and a JV announcement even if no other JV partners are announced in the short term. It would help is NUS could convince the investment community that the project is viable maybe by way of a high class brokerage/investment community campaign. This needs to be done even if further positive JV and or drilling announcements are released to reflect the true elephant potential of the program leading up to the first few months of production.
Bullboard Posts