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<p>[QUOTE="SilverSurfer, post: 822129, member: 21603"]I think it is a sham. For one thing, drilling in the oceans for PMs isn't like drilling for oil. The difference is oil is liquidy, and can be pumped to the surface. PM's can't be pumped like oil can. During the mohole drilling in the 60's, it was described as akin to drilling through the ground from on top the Empire State building with a noodle of spaghetti. </p><p><br /></p><p>Another thing, how would they survey? Unless they found exposed gold just sitting at the surface of the sediment, exploring would be impossible. If the technology you mention helps find the gold, why not use it on land? Why not sell the technology to a mining company for profit? </p><p><br /></p><p>Once the gold was found, how would they drill up large quantities of it? Things live on the bottom of the ocean floor, Giant squid and flat fish that feed off of the sulfurous hot springs. People still don't know where Blue whales mate or how they live and develop. There would be an outcry from preservationists. </p><p><br /></p><p>IMHO, even if they did find gold, which I think would be highly unlikely, I don't think mining it would be cost effective in terms of technical difficulties and public relations. There are much better ways to invest your money.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 822129, member: 21603"]I think it is a sham. For one thing, drilling in the oceans for PMs isn't like drilling for oil. The difference is oil is liquidy, and can be pumped to the surface. PM's can't be pumped like oil can. During the mohole drilling in the 60's, it was described as akin to drilling through the ground from on top the Empire State building with a noodle of spaghetti. Another thing, how would they survey? Unless they found exposed gold just sitting at the surface of the sediment, exploring would be impossible. If the technology you mention helps find the gold, why not use it on land? Why not sell the technology to a mining company for profit? Once the gold was found, how would they drill up large quantities of it? Things live on the bottom of the ocean floor, Giant squid and flat fish that feed off of the sulfurous hot springs. People still don't know where Blue whales mate or how they live and develop. There would be an outcry from preservationists. IMHO, even if they did find gold, which I think would be highly unlikely, I don't think mining it would be cost effective in terms of technical difficulties and public relations. There are much better ways to invest your money.[/QUOTE]
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