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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Walt Holberg who wrote (29484)	12/24/1997 10:04:00 AM
From: Brander	Read Replies (1) \| Respond to of 35569

Walt, this is extremely interesting. I read a detailed article the other day about mining the seabeds. It has been known for a long time that there are very rich pm deposits there, but no one has tried to mine them yet, mainly because they were too deep and, therefor, expensive to get out. Now, they have found some shallower areas with these very rich pm deposits. I've seen pictures of them before, and they look like large nodules, many of them just siting on the seabed. In shallow water, it would seem that they would be relatively easy to get out, and they are supposed to be rich enough that not much processing would be necessary. It has always been knows that the sea contains the largest deposits of gold and other pm's in the world, by far. The problem has been extracting it economically, and, also, there are enviornmental concerns. Happy Holidays, Brad

To: Walt Holberg who wrote (29484)	12/24/1997 11:20:00 AM
From: Donald Watson, Jr.	Respond to of 35569

Walt, I think this is very enlightining. Technology will prevail. Its nice to know that IPM is on the cutting edge of the new Tech. I think the naysayers will have egg on there face.....eventually. Your Friend, Don Watson

To: Walt Holberg who wrote (29484)	12/24/1997 1:30:00 PM
From: Bill Jackson	Respond to of 35569

Walt; As long as they remove it from the bottom inside closed pipes, pumped up by pressure, with local(undersea crushing to smaller size) it should not be too bad. This is the collected exhalations of those undersea smokers, which is the material precipitating into the sea water as a friable mass. It will break easily, and will not release much into the water as long as the keep a negative pressure on the crushing chamber and use that water as the pump to the surface water, and send it back down again to be reused. Sea water is already saturated at low temp in those minerals, and it is also anaerobic down there, so there will be little generation of heavy metal ions to travel. The big enemy is the depths, and remote operation of equipment, but tit will be similar to the diamond operations off South Africa in many respects. The refining will be on land and the environmental concerns will be greater there. Bill