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We should capture it.........................
1 posted on 07/17/2015 1:58:36 PM PDT by Red Badger
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To: Red Badger

Get the butterfly net...


2 posted on 07/17/2015 2:00:23 PM PDT by ponygirl (An Appeal to Heaven.)
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To: Red Badger
Asteroid worth £3 TRILLION ($5.4 million) in precious metals

I hate to be a nit-picker but does anyone have any idea what 100 million tons of new acquired platinum reserves would do to the PRICE of platinum? Anyone, anyone? Would the combined value of the asteroid still be $5.4 million? Bueller?

5 posted on 07/17/2015 2:06:48 PM PDT by ElkGroveDan (My tagline is in the shop.)
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To: Red Badger
'What makes this unusual is the large amount of platinum believed to be lurking in the body of this space visitor.

That word BELIEVED.... that's an important part of this statement. All it takes is one time for some company to spend 500 million dollars capturing one of these things and getting $2,700 dollars worth of precious metals ..... to make these dreams seem less inviting.

6 posted on 07/17/2015 2:08:30 PM PDT by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
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To: Red Badger
What's the price if you do dynamic analysis? If we had the ability to capture it, then platinum would be far easier to get and the price would drop. (see also: oil glut)
7 posted on 07/17/2015 2:08:51 PM PDT by KarlInOhio (The 1st amendment is the voice and the 2nd is the teeth of freedom. Obama wants to knock out both.)
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To: Red Badger

If there was suddenly 100 million tons of platinum wouldn’t its price go down to to the level of steel or aluminum? It certainly wouldn’t be precious if it was in abundance.


9 posted on 07/17/2015 2:09:41 PM PDT by bk1000 (A clear conscience is a sure sign of a poor memory)
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To: Red Badger

I’m selling it on eBay for the bargain price of only $200 million. Limit one per customer.


11 posted on 07/17/2015 2:10:12 PM PDT by Cementjungle
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To: Red Badger
Wasn't the "Nostromo" in the movie "Alien" an astroid mining ship?


12 posted on 07/17/2015 2:10:14 PM PDT by Flick Lives (One should not attend even the end of the world without a good breakfast. -- Heinlein)
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To: Red Badger

Its only worth $3 Trillion because we can’t get it.

If we COULD, then it would flood the market!


19 posted on 07/17/2015 2:15:14 PM PDT by PGR88
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To: Red Badger

Wouldn’t the change in mass of our planet by bringing in metals from space cause unintended consequences?


21 posted on 07/17/2015 2:23:41 PM PDT by Teflonic
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To: Red Badger

Or hop onto it with mining equipment and come back with the ore next time the asteroid makes a close approach to Earth.


23 posted on 07/17/2015 2:27:26 PM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: Red Badger

Sure, strap a rocket motor to it and direct it to land right in the middle of....where?


24 posted on 07/17/2015 2:27:42 PM PDT by lurk
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To: Red Badger
Tractor beam.

No problem.

5.56mm

25 posted on 07/17/2015 2:28:04 PM PDT by M Kehoe
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To: Red Badger

How much to mine it? How much effect on supply would that cause? what effect on likely price as a consequence of the increased supply?

Intelligent questions that make the headline look ridiculous.


30 posted on 07/17/2015 2:34:01 PM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country)
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To: Red Badger

I think Mark Cuban (?) was trying to put something together to try to capture it


35 posted on 07/17/2015 2:41:58 PM PDT by MattinNJ (It's over Johnny. The America you knew is gone. Denial serves no purpose.)
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To: Red Badger

Supply and demand says the value won’t be what they think it is.


36 posted on 07/17/2015 2:42:52 PM PDT by Raycpa
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To: Red Badger

Catch it catch it catch it catch it catch it...


38 posted on 07/17/2015 2:51:13 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Red Badger

If they captured it, mined the platinum thus creating a surplus amount of platinum on Earth....wouldn’t the price of platinum plunge to near zero thus making the whole episode worthless????


49 posted on 07/17/2015 5:11:14 PM PDT by terycarl (, COMMON SENSE PREVAILS OVERALL)
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To: Red Badger

“Asteroid 2011 UW-158 will pass within 1.5 million miles (2.4 million km) from Earth on Sunday - 30 times closer than our nearest planet.”

And about 6 times the distance between the Earth and Moon.


50 posted on 07/17/2015 6:03:46 PM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: Red Badger

Platinum spark plug cores? No, I have a platinum pickup with platinum wheels.


53 posted on 07/17/2015 6:43:50 PM PDT by eartrumpet
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