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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
Comment by dropshotvolleyon Jun 04, 2012 5:29pm
213 Views
Post# 19978966

RE: RE: RE: RE: Sometimes life SUCKS

RE: RE: RE: RE: Sometimes life SUCKS

Hi Ridgeback. IMO NUS needs to just cave on the PNG dispute. Just work a deal were PNG gets their interest for free out of future production. Get it out of the spotlight. Conference call sorry to say IMO will mean nothing. Don't see any really serious answers coming other than corporate double talk and more secrecy. Getting all the partners to ante up well, doubt it. Best partner is the Chinese off take partner. Cave to them and get them to finance the whole thing for a majority position of say 80%. Sure we all get diluted including the PNG but who cares the deposits appear to be rich, rich anyways. Hopefully management finally can see that instead of waiting, secrecy and begging other partners or potential partners to invest. Just give it up and get it into production. As for ORT I am still in but not a buyer because markets may take years for juniors to recover. We may need to wait for ORT to self finance the SGA plant into production before it moves based upon earnings. I am well aware of the $7 to $15 forecasts. Will buy NUS again if it goes to .50 cents or lower. GLTA more blood to be spilled on the NUS stock price IMO.

Bullboard Posts