Daily Stock Opinions and Ratings

Opinions

Lawrence Roulston Nautilus Minerals Inc. NUS-T TOP PICK Jul 02, 2008

Pioneering seafloor mining and well advanced on their first development project off Papua New Guinea. Trading at not much more than the value of its cash in the banks.

Lawrence Roulston

Owned

Unlock Rating

$2.200

Stock price when the opinion was issued

metal mines

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

TOP PICK

Huge underwater land package in the Pacific Ocean. Have a resource in Papua New Guinea. Market cap of $150 million and its cash position is about $250 million.

SELL

(Market Call Minute.) Have a lot of cash, but it is more of a science project than at mining project.

DON'T BUY

Ocean floor exploration. Have a little rift off the coast of New Guinea. An interesting scientific experiment but doesn't think it is really an economic endeavour.

PAST TOP PICK

(A Top Pick Jan 8/09. Up 48%.)

PAST TOP PICK

(A Top Pick Jan 8/08. Up 54%.)

HOLD

Pushing the envelope by mining under the ocean. If you buy this, you are buying into what they are trying to do and you ride it out. Still at the stage where it looks really good but he can't put numbers to it.

COMMENT

Ran into difficulties with the Papua New Guinea government. These are sub-sea miners and are going under the ocean where there are huge deposits of base and precious metals. (Haven’t found the precious metals yet.) Being backed by some of the majors. In a 5 to 10 year time frame, he thinks this is going to work.

DON'T BUY

It is an interesting science project. It is hard to tell if they will make money or not. It is hard enough mining this, but at these depths even harder. It is hard to get a handle on their reserves. Prefers techniques that he knows work.

COMMENT

They have been around for over a decade. The idea was to mine on the ocean floor, where there could be silver, copper and some precious metals. Environmentally, there is a lot of resistance to this. It is low tonnage, but high grade. They eventually ran out of capital and went bankrupt.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Lawrence Roulston Nautilus Minerals Inc. NUS-T TOP PICK Jul 02, 2008

You might be interested:

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Nautilus Minerals Inc.(NUS-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Mike Philbrick

Stockchase Insights

Jim Cramer - Mad Money

Stan Wong

The Panic-Proof Portfolio (Stockchase Research)