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 redfoxon Dec 15, 2002 11:06am

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Post# 5679711

RE: The 1.6 MIllion

Reflector, while you may be right, why if I have a pile of warrants in a terrific company such as this, want to unload them for such a piddly profit? I agree with possible tax selling, but maybe people are believing that this has gotten slightly ahead of itself and is due for a pullback? I went through their information carefully and like a whole bunch of things with the company including the future gas hook-up and potential to sell 25 Mcf per day into the pipeline. No matter what figures you use that has got to be in excess of $100K per day. Having said all of the above like this stock, but waiting on IEY and my gold stocks to top out so that I can look more seriously at this. For now on the sidelines watching. Good luck to those in this stock and hang in, good managment, good prospects regardless of cold or warm winter!

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