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To: Paunch who wrote (28399)	2/16/1999 12:23:00 PM
From: The Street	Respond to of 116764

That would be interesting!

To: Paunch who wrote (28399)	2/16/1999 12:36:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 116764

Paunch, Apparently that find is at the bottom of the ocean in a still active tectonic region. I can't remember where I read the article (maybe here), but they stated that it seemed quite rich in a variety of metals other than gold. The difficulty is how you mine it and the cost of doing so. Those familiar with the manganese nodule craze back in the '70's recognize the costs and difficulty involved in mining undersea mineral resources. Regards, Ron

To: Paunch who wrote (28399)	2/16/1999 12:36:00 PM
From: Zardoz	Respond to of 116764

About three days ago, someone posted the article. But I'll remind you that the GOLD is 200 tons, near active volcanoes, and at a depth that would requires robot subs to get. Only mineable gold effects the markets, as Bre-x has taught us.

To: Paunch who wrote (28399)	2/16/1999 5:53:00 PM
From: IngotWeTrust	Respond to of 116764

Paunch, CNN and my local evening news showed the same film clip of a submersible scanning one of those deep gold laden vents. They also showed one of the external grabbers holding a chunk about 40oz in my estimation, based on limited perspective. A nice souvenir but not too practical at those depts and costs. That particular chunk of gold in that metal claw was about 2x as big as the enormous Australian 27oz chunk I was privileged to hold that a friend of mine, Dick Mercer, has. He brought it to one of the gold shows where I am an exhibitor of my recycling gold ways, here a couple years back. He was justing that brilliantly lighted WHALE of a nugget to get folks to stop at HIS booth so that he could lay a pitch on'em about taking a prospecting trip to Australia with him. Mostly, tho' my nuggets R more this size (up2 1/2 t.oz size), such as I put up on eBay worldaccessnet.com However, according to the way things are going over there in Japan, the discovery couldn't have happened at a better time or to a nicer nation's people. Right, Don "Grinnin'" Green? O/49r