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 27, 2002 1:54pm

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Post# 5711433

RE: cash flow (2)

from another source it appears that the last news release clarified a few things, namely; 30% interest in all three wells; confirm that pipeline deliveries will not start until Feb 1/2003 stated that third target will not begin drilling until mid-February. So seems that we have to sit tight for a bit.

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