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<p>[QUOTE=&quot;medoraman, post: 1315402, member: 26302&quot;]What is interesting is that I believe magnesium is only mined from the ocean. So there is already precedent. Even with current technology they can mine gold from the ocean, its just a matter of cost. The price of gold is too low to run the operations. Just like everything in the world, though some keep trying to refute it, long term higher prices will cause people to find a way to increase production. Even though people have said our mines are deteriorating the silver institute sure is showing increased production the last decade.</p><p><br /></p><p>Chris</p><p><br /></p><p>Btw the ocean mining I am referring to is simply extraction from seawater. All ocean water has traces of gold and silver, and they have, on an experimental basis, extracted gold directly from ocean water.[/QUOTE]</p><p><br /></p>

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