Nautilus Minerals NUSMF (NUSMF)

[Getitgogone]

I'm somewhat convinced for many reasons that it should be over a 1.00 a share now.I was and am very disappointed that it didn't move over 1.00 with the news Friday (113 million put into escrow by PNG)Thought that was the clincher to put us back over.

Here's where I think the problem is and how it will be solved but keep in mind I could be wrong;I think that people are a little wary,a little gun shy about NUSMF.I already attempted to make a 3 paragraph post about this on "that other message board" and to my dismay it didn't post and disappeared into Yho hell.I'm sick of that "other board" and will only use it for short posts in the future but that is another story.

The reasons they are a little wary about NUSMF and I'm gonna shoot from the hip here.....Management has lost the trust of shareholders to maintain the share price because of the 200 million share dilution that occurred MARCH 28TH ,2013,over a year ago.

Toronto Ontario, March 28, 2013 - Nautilus Minerals Inc. (TSX: NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") has today filed a preliminary short form prospectus within each province of Canada, other than Quebec, in respect of a rights offering to raise gross proceeds of C$40,000,000 through the issuance of rights to subscribe for an aggregate of 200,000,000 common shares at a subscription price of C$0.20 per common share.


see link >>>>>

http://www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=578276&_Type=News-Releases&_Title=Nautilus-Minerals-Files-Preliminary-Prospectus-for-C40M-Rights-Offering

It is my opinion that when they did this at such a low Price they did a great disservice to shareholders and in fact it was an ignorant move that could have been avoided months earlier.Through their own stupidity or ignorance or lack of attention to details they screwed a lot of shareholders and could have avoided it if they had only had a little more foresight.

Wouldn't it have been much better if they had issued 20 million shares at 2.00 a share instead of 200 million shares at .20 cents a share? They could have even had enough foresight to issue 26.6 million shares at 1.50 or 40 million shares at a 1.00...........200 million shares at .20 ??? An absolute idiot move.

Now people are saying to the company,"you're gonna have to prove yourself before I hold this stock" they are flipping out of it on every move up.They have lost confidence in the mgmt. to protect and preserve share price by their ignorance last year when they issued those shares to help the company survive.People are wondering if they will now do it again for the ship build,if they are going to require more money and go to the market at low prices again.

To me that is the only reason the share price isn't over a 1.00 right now.Mgmt. needs to do more to prove that they won't screw shareholders over even more.I wish there were another reason but that to me is the elephant in the room.I am willing to give them a chance but even I now wish I had sold all my shares Friday and bought back in today.I could have increased my share by at least 10% if not more.

How the dilemma will be solved is easy ,cut a deal for the ship build by partnering with someone or some other way that doesn't cause dilution to current shareholders.Rebuild the confidence in mgmt.through their own actions.They've made a good start but people aren't convinced.