SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SpaceDev: Mine Asteroids -- Ignore unavailable to you. Want to Upgrade?


To: Stephen Balbach who wrote (1)3/17/1998 4:23:00 PM
From: elk  Read Replies (1) | Respond to of 65
 
Stephen, Now this is intriguing! This reminds me of the Larry Niven sci-fi books I used to read. Interesting that some writers were saying, even 20 years ago, that the first successful commercial venture into outer space would be the mining of asteroids. The amount of resources, even in a single asteroid, could be trillions of dollars. Now they are focused on Near Earth ateroids, which only makes sense, but in the future, I believe we will see a targetting of those whose mineral wealth can be pre-determined. Eventually, there will be missions to the Asteroid Belt to place boosters onto asteroids and send them into an orbit, probably around the moon, since the fear of placing it around the Earth will most likely lead to that being banned.

This is one company looking to the future. I have no idea about the fundamentals or details of this company, but their ideas are enough to make me look. Thanks for the information and any more you can provide.

Evan



To: Stephen Balbach who wrote (1)3/21/1998 7:58:00 PM
From: Justin Curran  Read Replies (1) | Respond to of 65
 
Greetings to all. Damn, I wanted to start this thread. <g> You beat me to it. I'm not a shareholder(yet) but I am looking at the company. Does anyone here know the legal chances of SpaceDev gaining unimpeded ownership of the asteroid they intend to visit? I realize they will have everything covered before any mission is launched, but this will be a precedent setting decision with huge future ramifications. I would hate to see it dragged through the courts for years.
Also I the one thing I have not heard is any timeline for the NEAP mission. Roughly what year are looking at here? I noticed this is not mentioned on their webpage, unless I missed it. It was mentioned on the news yesterday that China is considering a colony on the moon after the recent discovery of ice there. This could be good news for a company like SpaceDev, as something like that could reignite the passion for space exploration that seems to have been lost for so many years.

Looking forward to future discussion,
Justin Curran.