Taking it to the streets. Stockhouse.com: Taking it to the street
Nautilus Minerals Inc.   nus go to snapshot add to favorites
reply post threaded view
print report abuse
I was wrong
supersceptic1
2/1/2013 10:33:41 AM  |  | 131 reads  | Post #32110982
 

thinking that it is shorts' falut. It is actually the de-listing news making the splash. In UK, the news brought NUS share price down to 38c presetnly (24p), at one point today it was trading at 16p (!!!!) means 25.3CAN cents.

http://www.fool.co.uk/caps/quote/nus.aspx

40% down on this "horrible" news? Really? That would imply that the cancellaton cost is 40M, and NUS market capitalisation of 60M (20-25m below cash on hands).

The irrational market cased by panic thinking. NUS, lately, became "bad news company", even relatively neutral step perceived as going down one.

reply post threaded view
Company Showcase
 
View Sectors
 
 
 
Today's Feature  
View Now
 
Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...