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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Post by Americangreedon May 11, 2013 9:32pm

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Post# 21395592

ridgeback

I know your frustration in this stock just like i am ,as i think you have been in this as long as I . We have had 2 ships on the go and nothing yet after 6 years.

years ago we had the big players with us but now this rights offering sounds like a money grab as we spireill down the drain. They have not got there ship for 6 years now and they are looking for our money again.

I'm not sure about getting the rights offering because there plan with the money does not get us mining and they will come looking for more money in a year. Same old story-- But then again down so much with so many shares that i already think i have nothing and to double down now feels like nothing to pay for . But if i do buy them i will have so many shares.

What are your thoughts?

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