Spanky,
If it's a sperm whale the "little bit" is called ambergris and will be in the stomach or intestines. It's a grey waxy blob thought to protect the stomach lining from sharp objects in the whales diet.
At $10 per gram it would be worth looking for.

Rojo, well so the old saying goes.."save the whales.. Harpoon a fat chick!
Interesting piece of information, thanks now all I have to do is carefully read the label on bottles of perfume I buy for my wife and casually tell her this stuff came out of a Sperm whale, hence the reason it cost an arm and a leg!
Spanky

Sadly, the comedians on this thread are unable to grasp the consequences to whales and other marine animals, of man-made ocean pollution.

Beached whales are on the increase.

Tasmania's strandings have increased to some 30 a year, up from 5 in the 80's.

Tasmania is at the forefront of successfully saving whales by the innovative use of nets and jet boats, though a somewhat risky strategy, it appears to be working reasonably well.

I recall the media release on a beached whale, stranded in Queensland, where an autopsy revealed that the whale's stomach contents consisted entirely of plastic bags. There was no food in the stomach.

Scientists also suspect military sonar exercises and man-made magnetic fields which are detrimental to the survival of the whale.

The Inuits of Greenland, dependent on marine mammals for their diet, are now purported to have the highest rate of cancers of any indigenous group.

Doctors claim this is a result of the large marine animals ingestion of man-made dioxins and other trans-boundary pollutants which enter the entire food chain.

For the comedians who suggest the barbecuing of beached whales.....I can only say, Karma is a wonderful lesson for the ill-informed!

And we humans are already reaping what we have sown!

"Beached whales are on the increase."

Do you have any evidence for this?

1. International Whaling Commission's report on stranded whales.

2. scotsman.com/topics.cfm?tid=226&id=410042007

3 www.earthdive.com/site/news/newsdetail.asp?id=1900

Perhaps you could perform your own research in the future, freediver? It is very easy to find.