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| The July/August/September 2008 issue of Pearl World contains an update on Micronesian pearling by Masahiro Ito, Director, Aquaculture Research and Development, College of Micronesia Land Grant Program. In 'Cook Islands Pearling Developments' I fostered a largely conjectural discussion of that country’s need to create an image for its P. Margaritifera cultured pearls that would be distinct from that of French Polynesia. The inevitable conclusion was that lip service may be all the Cook Islanders are willing to provide, content in their subservient role. Micronesia seems to have a better handle on this, focusing on pearls that target the green, blue and golden-green range (current sizes 10-14mm in round). While commercial production is not foreseen until after 2010, government-sponsored hatcheries in support of the nascent industry are being established in order to avoid a repeat of recent farm failures in the Marshall Islands due to inadequate spat supply. Additionally, a locally retired Japanese master grafting technician is passing along his skills to local apprentices. Considering Cook Islands' challenges resulting from past disasters (natural and otherwise) and local government ineptness, Micronesia is a breath of fresh air. Additionally, Federated States of Micronesia’s free association as a protectorate of the US and friendly foreign investment regulations constitute a healthy business environment. Hopefully this thread will attract more detailed information and regular updates from locals and trade members in the know. Thanks to Bo Torrey of Pearl World for his permission to share this photo of jewelry made by Australian and Japanese jewelers using experimental Micronesian cultured pearls.
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| Gosh ! They're gorgeous, Steve ! Oh, the colours...... Thanks for posting the pics.
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| Fresh air indeed! Dr. Ito has confirmed that broodstock for their hatchery operations is collected from Micronesia's Pohnpei (main island), Pakin Atoll and Ahnt Atoll, as additional evidence of his efforts to achieve regional authenticity.
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| Pretty spectacular! |
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I'll be pleasantly surprised if commercial production does begin by 2010. This has less to do with the success of the spat hatchery program and more to do with money and the availabilty of reliable labour. Quote:
Whether or not the locals get trained to seed rounds will depend on the locals themselves. I tried to put together a similar deal a few years ago but it ultimately fell through.Quote:
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| It is a pleasure to read such informed opinions. Yes, it's all about the results. We would all appreciate knowing more details of your professional experiences in Pacific pearling, and since developments from Micronesia will clearly be few and far between, why not post them here?
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| Why thankyou. But I'm sure there are people out there who'd disagree with my views. Quote:
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As far as I know, there's enough seedable oysters to start three small farms. It all comes down to money and a reliable work force. Oh and get rich quick fever seems to have struck. I've heard of one business model based on 10,000 two to three year old oysters being used for mabe. Apparently the projected gross income would be $60,000 with a $30,000 profit. This model is based on a small family business of two people. Who actually dreams this rubbish up and thinks it would even work? |
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| Ragnorak, You've been through a lot. A wonder you're still with us (physically…and spiritually). Do you still spend time in the Cooks? We'll be visiting for few days in early October. I have no doubt that capitalization requirements would be grossly underestimated. Not an easy time in the pearl business (or most businesses, for that matter!).
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