Nautilus Has US$231 Million in Cash At End Of 2008

Nautilus Minerals, a company that explores for gold-copper in the ocean bed, has released its results for fiscal year 2008. In addition to the $231 million (or US$1.57 per share) in cash featured in the news release, there are other highlights.

Nautilus closed last Friday at $1.03, down 4 cents on the day. Both the bid and ask are $1.06, indicating a higher open.

The company's Google Finance web page is here.

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