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Wow. Second the comments about feeling about ten years old again. I hope beyond all hope that this is actually happening in my lifetime.

Questions for those in the know:

1. Is there any legal precedent on whether or not they're even allowed to mine the asteroids? From what I understand the Moon can't be exploited by any one country or corporation. Does any similar law apply to asteroids?

2. How are they going to get the platinum back to Earth? Re-entry strikes me as needing a really effing big parachutes for the hauls they're going to be bringing back.



1. Law seems to be undecided. http://www.msnbc.msn.com/id/47151745/ns/technology_and_scien.... Presumably once someone starts to do some actual mining there will be some pressure to move on this.

2. Drop it in small bundles (a few tons?) over the ocean with a flotation device and a large reusable parachute. Preferable avoiding areas with significant pirate populations.


Who's going to stop you, the Space Police?


If you're trying to make some dollars, you sort of have to take into account the firm grip that governments have on earth-side markets.


Ultimately the goal here is to increment values in US based bank accounts. Even if "the space police" couldn't stop them the US government could deny them the fruits of their labor, unless they really wanted to go rogue, but that's unlikely.


They could just throw the mined metals to the moon. Refine it, and manufacture stuff there. Where energy is cheaper. Then just ship the moonphones back to earth, with a lower cost of reentry shipment per value sent.

Now that would be cool.




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