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Strategies & Market Trends : Ride the Tiger with CD
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To: jpthoma1 who wrote (86564)7/9/2007 4:15:38 PM
From: ogi  Read Replies (1) of 313878
 
Thanks for that link JP, I actually find it a positive that the U.N. is looking at ways to have mining rather than ban it and that their mandate is for international waters not the territorial waters that NUS is working in.

NUS is currently conducting extensive environmental studies and have enlisted the help of numerous distinguished scientific organizations well as the gov't of Papua New Guinea. What is interesting as well is that NUS has pledged to make all data public.
stockwatch.com

Also there are no plans to mine the areas around active vent systems, just dormant ones. It would be very easy to make a case that the mining they propose would have far fewer environmental negatives than any mine on land.

Cheers,
Ogi
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