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.

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Nautilus Minerals Inc

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Comment by dropshotvolleyon Mar 04, 2011 2:16pm

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Post# 18233638

RE: RE: Insider Options

Thanks for this info. I understand the granting of the options and not to sound stupid but from your post i.e. "Direct Ownership Options" a lot of the individuals show 50. Does that mean 50,000, 500,000 or 50 shares? Maybe based upon your comment "not much action" it is 50 or 50,000??? I am probably wrong but I think there may be .99 cent options that don't expire until January 2012 (https://www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=336246&_Type=News-Releases&_Title=Granting-of-Options)? I was hoping to see a little more commitment although NUS may use employee Stock Based Compensation based upon the last Annual Report.

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