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Why Mining an Asteroid for Water and Precious Metals Isn't as Crazy as it Sounds
Popular Science ^ | 04/24/12 | Clay Dillow

Posted on 04/24/2012 5:20:08 PM PDT by KevinDavis

Billionaire-backed space startup Planetary Resources has officially unveiled its business plan to much fanfare and with few surprises. The company’s principals--which include X-Prize Foundation founder Peter Diamandis, Space Adventures co-founder Eric Anderson, and former NASA Flight Director Chris Lewicki--today pledged that Planetary Resources would make the abundant resources of space available here on Earth, and introduced a couple of the company’s own spacecraft that will make such space prospecting possible. The rush for space resources is officially on.

(Excerpt) Read more at popsci.com ...


TOPICS: Astronomy; Business/Economy
KEYWORDS: space
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To: JRandomFreeper

Unless it’s our money, it’s none of our business.

That being said, I would not invest my money in the project. None of the people who paid for the Channel Tunnel made a dime.


51 posted on 04/24/2012 8:37:56 PM PDT by DManA
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To: DManA
That's what happens with government involvement.

I appreciate our conversation tonight. You have raised good points, and were not outright dismissive of a new (old) idea, even if you don't think it's a good investment.

I respect that much more than those that dismiss the new with the smug assurance of the entrenched.

Thank you.

/johnny

52 posted on 04/24/2012 8:45:54 PM PDT by JRandomFreeper (Gone Galt)
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To: JRandomFreeper

Private bonds were issued for the Chunnel. They all were defaulted on.

It’s an interesting question for someone like me who is thoroughly libertarian oriented. Is there a limit to what humans can accomplish if we are restricted to voluntarily means?

It’s worth thinking about.


53 posted on 04/24/2012 8:55:45 PM PDT by DManA
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To: JRandomFreeper

All the discussion today revolves around how do we help people; what can we do to create jobs; we need to do more to help people.

It is a completely different perspective to come at it from the direction of - what can humans become?”

If you are coerced into feeding half the city that’s one thing. If you are coerced into spreading humanity across the galaxy - ?


54 posted on 04/24/2012 9:01:34 PM PDT by DManA
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To: DarthFuzball
But if your living and working in space you need to have water that was hauled hauled up and out of a very deep gravity well.

Good point. I wasn't thinking of that angle.

55 posted on 04/25/2012 2:34:53 AM PDT by RoosterRedux
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