I would make one, but that would require me to go down to the computer lab, which isn\'t open at 5am. Anyway, maybe a crude text drawing will suffice.
The Surface
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___----I _Near surface limestone caves (part of SL)
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You get the point. Wow that sucked. A stalagmite at the bottom would be in order, not necessarily a lake. I personally think a good geological and magical explanation for both the lack of whirlpooling and the existance of tides is quite simple. Only one drop of water falls in a year. As water seeps down, the water level rises and when it drops there is a massive drop of water falling from the bottom of the stalactite. Like the flooding of the Nile, the Dermorians know when this sudden drop is going to occur and have devised ways not only to avoid death, but to use it for mineral gathering. This also gives a timelessness to the area and how ancient this natural obelisk is.