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<p>[QUOTE="Rono, post: 1629291, member: 6492"]Howdy folks,</p><p><br /></p><p>Nice article and good to know. Will it impact the supply of gold in an appreciable way? I doubt it. It's not much different than mining the asteroids in space. Will it happen? Sure. Will it be profitable? Perhaps. Will it impact supply? Not really. That's because it's very expensive 'supply'. </p><p><br /></p><p>This is true for all natural resource commodities - gold, silver, oil, coal, iron, ad nauseum. All the cheap stuff has been found and what remains becomes more and more expensive to obtain. Up in Michigan there is a gob of very pure copper. This is 'float' copper folks, and that's the best. Float copper are almost pure nuggets of copper that tend to float to the surface of the ground. They're still finding them all over the copper range. </p><p><br /></p><p><br /></p><p><a href="http://www.google.com/search?q=float+copper&hl=en&tbo=d&source=lnms&tbm=isch&sa=X&ei=o2MMUd_iD4aM0QH8mIC4Ag&ved=0CAcQ_AUoAA&biw=1280&bih=843" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.google.com/search?q=float+copper&hl=en&tbo=d&source=lnms&tbm=isch&sa=X&ei=o2MMUd_iD4aM0QH8mIC4Ag&ved=0CAcQ_AUoAA&biw=1280&bih=843" rel="nofollow">http://www.google.com/search?q=float+copper&hl=en&tbo=d&source=lnms&tbm=isch&sa=X&ei=o2MMUd_iD4aM0QH8mIC4Ag&ved=0CAcQ_AUoAA&biw=1280&bih=843</a></p><p><br /></p><p>What is interesting is that there's still real deposits but they're too deep and under Lake Superior. Makes for tough and expensive mining. </p><p><br /></p><p>Whelp, it's the same thing for most every extractable substance known to man. Gold included. There's still lots to be found in nature, but it's harder to find and much more expensive to mine. </p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1629291, member: 6492"]Howdy folks, Nice article and good to know. Will it impact the supply of gold in an appreciable way? I doubt it. It's not much different than mining the asteroids in space. Will it happen? Sure. Will it be profitable? Perhaps. Will it impact supply? Not really. That's because it's very expensive 'supply'. This is true for all natural resource commodities - gold, silver, oil, coal, iron, ad nauseum. All the cheap stuff has been found and what remains becomes more and more expensive to obtain. Up in Michigan there is a gob of very pure copper. This is 'float' copper folks, and that's the best. Float copper are almost pure nuggets of copper that tend to float to the surface of the ground. They're still finding them all over the copper range. [url]http://www.google.com/search?q=float+copper&hl=en&tbo=d&source=lnms&tbm=isch&sa=X&ei=o2MMUd_iD4aM0QH8mIC4Ag&ved=0CAcQ_AUoAA&biw=1280&bih=843[/url] What is interesting is that there's still real deposits but they're too deep and under Lake Superior. Makes for tough and expensive mining. Whelp, it's the same thing for most every extractable substance known to man. Gold included. There's still lots to be found in nature, but it's harder to find and much more expensive to mine. peace, rono[/QUOTE]
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