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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
Comment by redfoxon Feb 02, 2003 9:47am
358 Views
Post# 5826822

RE: Nu-Sky.......Update

RE: Nu-Sky.......UpdateTaurus- you are right, look for a press release over the next few days. While #1 was successful and there is always hope on #3, all you can do is count on the sure thing- #1 and put a very, very small probability on what #2 may (and I stress may) bring in and a somewhat higher probability on #3. Price the stock based on that and you should not be too badly off. If you are wrong and one of the other wells comes in, then you are laughing. If you are really wrong and both 2 and 3 are duds, then the downside should be minimal in the longer term eventhough the stock price may reflect more doom and gloom pricing if 2 and 3 bring back nothing. So I was not too far off with the prediction on stock price by Jan 31st (within 10%). Here's may next challenge - where will it be by the end of this week? I predict $1.00 It will run up after we hear that gas has begun to flow from #1. Heck I'll even predict that it will be 10% higher again by the 14th. Any contrarian views?
Bullboard Posts