Uranium & Silver on the Moon? Asteroids Mining? Let's talk
Mining uranium, silver, gold, and more on the moon? Not everyone thinks that's a pipedream. I found a founder whose company is participating the race for mining the moon, and I asked him some questions.
For more information, visit Simon's website https://lunarresourcesregistry.com/about/
More specifically, in this episode, we covered
The Reason Behind Mining the Moon: Why should we even bother up there given we have enough down here?
The Science Behind Moon Mining: Understanding lunar geology and the valuable resources hidden beneath its surface.
Technological Hurdles: The cutting-edge technology required for mining in a low-gravity, high-radiation environment.
Engineering Solutions: Innovative ideas and engineering marvels that could make lunar mining feasible.
Economic Viability: The financial challenges and potential economic benefits of mining the Moon.
Environmental and Ethical Concerns: Addressing the potential impacts on both the lunar environment and broader ethical considerations.
And much more.
The information provided herein is general & impersonal in nature and meant for entertainment purposes only. The viewer acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.
The host is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn't know much more than a potato does.
The mining & exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don't read the official documents provided by the company on www.SedarPlus.ca, you will lose all of your money.
Timestamps
00:00 Why is Simon into moon mining?
04:20 How do we know there are resources on the moon?
11:35 Why do we even want to mine the moon?
14:15 Can I make money on this as a retail investor?
17:15 Is there value in this?
19:20 How many years before we're mining the moon?
26:45 How do you permit projects on the moon?
40:20 Is asteroid mining the same as moon mining?
45:30 Who finances moon exploration?
54:30 How do you deal with lunar dust?
56:25 How do you bring up water?
58:55 How do you bring up energy?
01:02:00 How do you bring up labor?
01:05:15 Why aren't we mining the moon already?
01:11:30 What's the main issue with moon mining?
01:13:20 Where can I read more about moon mining?