Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Blacknite4on Dec 07, 2012 9:03pm
384 Views
Post# 20701655

Hopefully the bottom is in

Hopefully the bottom is in

Its amazing how far its come down. All this happening at or near year end also meant selling for tax purposes made it an extra rather dramatic drop. But i would have to think we have to be at or near the bottom now even though an investor can claim his losses right up to Dec. 21 or 23 or so the vast majority have cashed in already driving the  sp down to this over sold .28 cent level. To think Nus has a 70 million market cap while they have 200 million in equity. Wow ...yeah I think it is worth a gamble at this price as all it may take is a few  meetings over the next few weeks or couple of months to explain and clarify the process used in mining the sea floor to calm the fears of the protesters and its game on.The Nus people have undergone extensive research and built mini models to ensure the process can work with no or minimal at least long lasting harmful impacts to the sea floor all they have to do is educate the environmentalists and  protesters and put their fears to bed. The Nus people are optimistic this can work and I am as well.

Good luck to all,

bn

Bullboard Posts