Nobody in their right mind would put venture capital in a for profit extraterrestrial venture with the 1967 Treaty on the Exploration and Use of Outer Space being what it is.
your just hearing yourself. The USA never ratified the Moon treaty. Sound like you just dont like the idea of Newt being close to the right side on this.
Lunar base illustration
Extracting resources from the Moon could run afoul of the Moon Treaty even if it’s done by a country that hasn’t signed onto or ratified the accord. (credit: NASA)
The Moon Treaty: failed international law or waiting in the shadows?
by Michael Listner
Monday, October 24, 2011
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In his essay “Is a human asteroid mission a non-starter?” (The Space Review, October 17, 2011), Anthony Young explored whether a mission to an asteroid planned by the Obama Administration is captivating enough to retain public interest until its planned launch in 2025. In the ensuing commentary, several people discussed the issue of resource exploitation, with this author postulating that, aside from the technical and economic challenges to exploiting mineral resources on asteroids, the current state of international law, specifically the Moon Treaty 1979, might be an obstacle.
The discussion drew the critique that the Moon Treaty is not binding international law since the United States, the Russian Federation, and the People’s Republic of China (PRC) have neither signed, acceded to, nor ratified the Moon Treaty. This essay will briefly explore the nature of international law, the Moon Treaty of 1979, and the weight of that accord in the context of international law.
http://www.thespacereview.com/article/1954/1