InvestorsHub Logo
Followers 6
Posts 1520
Boards Moderated 0
Alias Born 05/11/2009

Re: CancunCharlie post# 51959

Wednesday, 03/30/2011 11:22:14 AM

Wednesday, March 30, 2011 11:22:14 AM

Post# of 83075
"What if they have found enough platinum to make it profitable to mine for that as well as the gold and diamonds? Wouldn’t it take a lot of capital to set up that process?"

It would not take a lot of capital. All they have to do is the same process of refining the gold. Gold has a density of 19.3 g/cm3 platinum has a density of 21.4 g/cm3. Platinum is more dense than gold so wherever the gold is in the refining process the platinum should be there as well. Just do one more step in refining.

Finding a close middle man to handle the platinum is another issue.