No Asteroid Mining for Many Decades?




from WallStForMainSt

Despite many predictions the last 6-7 years of asteroid mining coming in 2020-2025, it is most likely decades away.

Bloomberg Giant Leap Special on Asteroid Mining: Who Wants To Be A Trillionaire? https://youtu.be/VGosZWBTF7A

A List of Some Articles In The Last 6-7 Years Making Bad Predictions About Asteroid Mining That Will Not Come True:
1) Asteroid Mining Could Be a Multi-Trillion Dollar Business by 2020 https://www.inverse.com/article/33556…
2) Mining for asteroids will be the next gold rush https://nypost.com/2018/02/24/mining-…
3) Asteroid Mining (Phase 1) to Begin in 2020, Says This Space Pioneer https://www.fool.com/investing/2018/0…
4) Asteroid Mining May Be a Reality by 2025 https://www.space.com/30213-asteroid-…

Nautilus Minerals http://www.nautilusminerals.com/IRM/c… could not get permits to mine underwater on the ocean floor even though they had good technology and a good business plan to do so.

Nautilus Minerals files for bankruptcy protection: https://finance.yahoo.com/news/nautil…

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