Welcome guest, is this your first visit?
Member
Discoveries
 
Results 1 to 11 of 11
  1. #1
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    S.W. Schuylkill County
    45,325
    4663 times
    All Types Of Treasure Hunting

    Reality check for asteroid miners

    Space entrepreneurs laid out a lot of the details for their billionaire-backed plan to extract resources from near-Earth asteroids today, but other details such as how much they've received in investments, or exactly how they'll get their hands on precious water and precious metals are still being held close to the vest.
    If planetary resources is as successful as its founders hope, it could be bringing a fortune in platinum and gold back to Earth within the next decade or two, and supplying outer-space filling stations with water, fuel and air for interplanetary travelers. The company could tap into trillions of dollars' worth of space resources. But the venture could also go bust, just as some of the first European trading companies did when they came to the Americas centuries ago


    Cosmic Log - Reality check for asteroid miners

  2. # ADS
    Ads

    TreasureNet.com is the premier Treasure Hunting Forum on the internet. Registered Users do not see these ads. Please Register - It's Free!

  3. #2

    Mar 2012
    Costa Mesa
    Gold Bug, Ace 250, Google Earth
    369
    112 times
    All Types Of Treasure Hunting
    These are serious people with serious backers. It makes me wonder what the the real motive is? I understand that having resources in space, water, fuel, etc. could be huge, but mining gold and platinum doesn't make sense unless they know something we don't, gold at $6,000oz??

    Regardless, it will be very exciting to see what will happen.

  4. #3
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    S.W. Schuylkill County
    45,325
    4663 times
    All Types Of Treasure Hunting
    Last edited by jeff of pa; Apr 25, 2012 at 07:08 PM.

  5. #4
    us
    Feb 2008
    Morgantown,WV
    Bounty Hunter Landstar
    4,559
    773 times
    I support the concept . The guys that bring in the first mega ton ore deposits are going to recover investments like bandits .
    Then it's gonna go the way of the Marcellus deep hole gas fields . The more recovery = lower prices until either endeavor works it's way out of a job by being too efficient .
    Wolfpack forever

  6. #5
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    S.W. Schuylkill County
    45,325
    4663 times
    All Types Of Treasure Hunting
    of course you can't have a Trillion,trillion,trillion,trillion Dollars worth of Metals to sell,
    if there is only a Trillion,trillion Dollars on earth.
    the Metals then go for peanuts.
    gold 50 dollars an oz making it not worth bringing back.



    The other downfall eventually out of jealousy, someone will get the bright
    idea to claim the asteroid belt controls our weather & Orbit, & Claim
    more Global chaos, & the followers of the world
    will believe it, & Protest asteroid mining.
    Last edited by jeff of pa; Apr 26, 2012 at 03:21 AM.

  7. #6
    Charter Member
    us
    Living the WP

    Apr 2006
    Chesterfield, Va.
    Whites XLT, Minelab Etrac, Minelab Excal II, At pro
    3,599
    1213 times
    All Types Of Treasure Hunting
    Jeff!!! The EPA will find a way to regulate it out of existence before it is able to make that evil money anyway!

  8. #7
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    S.W. Schuylkill County
    45,325
    4663 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Dave44 View Post
    Jeff!!! The EPA will find a way to regulate it out of existence before it is able to make that evil money anyway!
    Yep your right.

    If not from the fuels needed to get their first,
    the pollution created here, to send them there,
    or the possible space bugs they may bring back LOL

    Click image for larger version. 

Name:	baby-aliens.jpg 
Views:	26 
Size:	29.6 KB 
ID:	630085
    Last edited by jeff of pa; Apr 26, 2012 at 08:00 AM.

  9. #8
    Charter Member
    us
    Living the WP

    Apr 2006
    Chesterfield, Va.
    Whites XLT, Minelab Etrac, Minelab Excal II, At pro
    3,599
    1213 times
    All Types Of Treasure Hunting
    She is priceless! Great costume, she actually looks surprised! How did you teach her that?

    She is not old enough to have seen that movie! But I don't remember seeing chickens in it either.

  10. #9
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    S.W. Schuylkill County
    45,325
    4663 times
    All Types Of Treasure Hunting
    Lol Found the pic googling alien Birth & looking at images.

    She looks like she's thinking
    "What are they going to put me through now ?"



    Some people just ain't all there
    http://monkeybynature.com/article.asp?aid=156
    Last edited by jeff of pa; Apr 26, 2012 at 09:00 AM.

  11. #10
    Charter Member
    us
    Living the WP

    Apr 2006
    Chesterfield, Va.
    Whites XLT, Minelab Etrac, Minelab Excal II, At pro
    3,599
    1213 times
    All Types Of Treasure Hunting
    Man that first one of tigger had me scared lolol. Great pics.

  12. #11
    Charter Member
    us
    May 2005
    Northern California
    7,305
    1690 times
    All Types Of Treasure Hunting
    Very interesting topic. It brings up so many "what-if's". I'm sure many investors are serious but I'm sure there will be many scams and proposals of laws nobody ever thought would be needed. The "space miners" are very forward-thinking and I wish them luck. There will be many follies.
    Banking off a Northeast wind, sailin' on a summer breeze

 

 

Home | Forum | Active Topics | What's New

Sponsors

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Pawn Stars or Reality Check? POLL
    By Michigan Badger in forum TV Shows
    Replies: 37
    Last Post: Mar 08, 2013, 10:13 PM
  2. Reality Check
    By Cappy Z. in forum Everything Else
    Replies: 6
    Last Post: Mar 01, 2012, 06:13 PM
  3. Reality check?
    By pyledriver in forum Cache Hunting
    Replies: 24
    Last Post: Oct 06, 2011, 03:00 PM
  4. REALITY CHECK***
    By Frankn in forum Everything Else
    Replies: 5
    Last Post: Aug 23, 2011, 03:10 PM
  5. Reality Check
    By sniffer in forum Comedy Central
    Replies: 0
    Last Post: Jan 17, 2010, 10:10 AM
Powered by vBadvanced CMPS v4.1.3