Well if it is private money I am all for it! But the feasibility of landing on the moon and mining with the idea of making a profit is rather far fetched right now. If we had colonized the moon in the 1980’s or 1990’ we would probably be up to the task. The way our government does anything anymore is laughable...
It is not the least bit farfetched at all. The main elements missing at the present time are the will, absence of government interference, and time to do it. The cost of a successful commercial venture are no greater than what a fraction of the monies spent by Americans on newspaper and magazine subscriptions or cable television. A single asteroid is worth more than the entire Earth’s annual gross domestic product. So, the risk versus reward ratio is is ewarding almost beyond imagination. Most of the products of the mining would remain in space, where they would be used to manufacture the resources and infrastructure for the off-planet economic infrastructure to further produce energy, communications, high value electronics componeents, factories, habitats, and spacecraft.
The Moon/Luna will be the initial base of manufacturing and resources, until the asteroid mining and economy supplants many of the less economical products and services of the Lunar facilities.