Comments on: “Must Own Pioneer of a New Industry: Undersea Mining” http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Sat, 21 Nov 2009 05:52:09 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: sniper http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html/comment-page-1#comment-3851 sniper Sat, 28 Jun 2008 22:36:58 +0000 http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html#comment-3851 The stock to invest in is the builder of the equipment to mine these riches. The stock to invest in is the builder of the equipment to mine these riches.

]]> By: Dividends4Life http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html/comment-page-1#comment-3839 Dividends4Life Sat, 28 Jun 2008 13:34:06 +0000 http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html#comment-3839 I don't see a positive cost-benefit relationship anytime in the near future. The price and demand are not near the levels needed to justify this. Best Wishes, D4L I don’t see a positive cost-benefit relationship anytime in the near future. The price and demand are not near the levels needed to justify this.

Best Wishes,
D4L

]]> By: sassoc http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html/comment-page-1#comment-3838 sassoc Sat, 28 Jun 2008 11:50:34 +0000 http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html#comment-3838 This appears to be a perfect whole-on-the-ground project (more precisely : whole-in-the-seas), where cost far outswings any future profits (if any, and doubtful). The funds of the company are no match to real-world exploitation, let alone startup expenses. The participants have furnished cookie-sized coins, it sounds nice to be in, a teaser. The Russian particpator, a gamble. This appears to be a perfect whole-on-the-ground project (more precisely : whole-in-the-seas), where cost far outswings any future profits (if any, and doubtful). The funds of the company are no match to real-world exploitation, let alone startup expenses. The participants have furnished cookie-sized coins, it sounds nice to be in, a teaser. The Russian particpator, a gamble.

]]> By: Grimme http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html/comment-page-1#comment-3836 Grimme Sat, 28 Jun 2008 01:07:38 +0000 http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html#comment-3836 There's no question of riches on the seafloor, just a few years ago in New Zealand a huge gold deposit was discovered in the Kermadecs, a deep volcanic trench that heads north from New Zealands east coast up to Fiji, however it was said that mining/harvesting would be considered to dirty, the enviro. impact to great to warrant extraction. There’s no question of riches on the seafloor, just a few years ago in New Zealand a huge gold deposit was discovered in the Kermadecs, a deep volcanic trench that heads north from New Zealands east coast up to Fiji, however it was said that mining/harvesting would be considered to dirty, the enviro. impact to great to warrant extraction.

]]> By: Grimme http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html/comment-page-1#comment-3835 Grimme Sat, 28 Jun 2008 00:59:00 +0000 http://www.stockgumshoe.com/2008/06/must-own-pioneer-of-a-new-industry-undersea-mining.html#comment-3835 Many years ago manganese balls were found littering the ocean floor in there billions over vast areas, dredges were designed and built to scoop them up and bring them to the surface, these balls were like baseballs to softball sizes and were also full with other quite valuable minerals, REE, silver, zinc etc. At the time harvesting was put on hold because the resourse was so easy to get and cheap and the resourse so vast that the prices of all the metals would collapse but I have often wondered if this resourse could ever be harvested again. At the time the were disputes over international treaties and there wording as well which put a stop to extraction. But no-one I'm sure ever went back to do it, this could be indded the first and what got me interested was that you said they look like dredges or scoops which is exactly what they using 40 or more years ago, they would drag a sled along the ocean floor and just soop these little balls up, it some places they were really thick. I saw it all on a Jacque Cousteau show Many years ago manganese balls were found littering the ocean floor in there billions over vast areas, dredges were designed and built to scoop them up and bring them to the surface, these balls were like baseballs to softball sizes and were also full with other quite valuable minerals, REE, silver, zinc etc.
At the time harvesting was put on hold because the resourse was so easy to get and cheap and the resourse so vast that the prices of all the metals would collapse but I have often wondered if this resourse could ever be harvested again.
At the time the were disputes over international treaties and there wording as well which put a stop to extraction. But no-one I’m sure ever went back to do it, this could be indded the first and what got me interested was that you said they look like dredges or scoops which is exactly what they using 40 or more years ago, they would drag a sled along the ocean floor and just soop these little balls up, it some places they were really thick. I saw it all on a Jacque Cousteau show

]]>