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 Oct 27, 2011 6:06pm

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RE: RE: RE: RE: RE: RE: Institutional Holdings Rid

I am still holding have not sold any or added any but they are now on to the High Purity Alumina stage and if they can find someone to buy it it is worth big money. It could possibly fund one SGA plant down the road. As for the 25M from the PNG and NUS I see the exact same thing happening to NUS that happened to Nevsun. With them the government commitment for funding eventually came out of production revenues. I think that may happen here. So next, last seasons drilling results?

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