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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.


GREY:NUSMF - Post by User

Nautilus Minerals Inc
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Comment by kroghon Jan 07, 2013 3:56pm
263 Views
Post# 20807020

RE: RE: RE: Takeover bid!

RE: RE: RE: Takeover bid!

The enigma of NUS is that have had such a hard time getting funding. If they had gotten $500,000,000 some years ago, they could have been mining now, and made a billion per year. They could go on to Tonga etc and make many billions. What have the rich shareholders been doing? They have probably just been waiting. They didn't need the money from NUS operations, but they did not want to be left out when the future starts. This bid might force them to take a decision. Fund NUS for real or fold. Not this ridiculous game of finding $50,000,000 or whatever the dispute is about. The major shareholders could put billions into NUS tomorrow if they wanted to.

 

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Dealroom for high-potential pre-IPO opportunities