Can Canada be the first country to mine the moon?

Well, that was quick.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Just two weeks after Distribution – The little moon minister who would rise to reputation as part of Lunar Google XPRIZE Competition, which came to an end in March – that he named a Memorandum of Understanding by the Spanish Spaniard Group, he mentions the creation of a whole new subsidiary in Canada for influencing their relationship . On 16th of October, Moon Express stated that he founded the Moon Express Canada "to bring forward Canadian science and technology knowledge in streamlining its resources and its resources." "Data-reactid =" 12 "> just two weeks after Moon Express – – a little moon minister who became famous as part of the Lunar XPRIZE Competition of Google, which ended in March – # 39; he pointed out that he has signed a Memorandum of Understanding by the Spanish Spaniard, he has recalled Canada's totally innovative creation now to influence his relationship. On the 16th October, Moon Express stated that he founded the Moon Express Canada "to take exercise and technology in the place of Canada in a & # 39; explore its moonlight and its resources. "

It does not spend any time, either. At present, Moon Express has signed partnership agreements with a dozen Canadian stresses that want to co-operate on projects that are currently underway. supporting Canada for my moon. New partners include:

• "Company of technology technology and nano space" Canadensys Aerospace Corporation
• Company "Mineral and Robotics Technologies" Deltion Innovations
• Gedex geological image company
• Space "Mission Services Space technology development
• NGC Aerospace devolution management company (unrelated to Northrop Grumman Corporation)
• Teledyne Optech, Lidar system developer

More

Starting is still going to & # 39; Seeing opportunities to mining a & # 39; moonlight – but moon mining projects are still far away. Well Image: Getty Images.

How important is this news for investors?

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Allowed, many of these companies are not Housing names, directly. Six new partners in Moon Of Express, only one – Teledyne Optech – are linked to a company that is publicly collected (His parents, Teledyne Technologies Inc. (NYSE: TDY), who are the Americans mid-cap protection contractor). Out of his / her surplus, some new MoonEx partners appear to be new as they do not have their names; come into a search of known companies S & amp; P Global Markets Information"data-reactid =" 34 "> A & # 39; donation, not many home names in many of those companies, just. Six new Moon Moon partners, just one – Teledyne Optech – linked to a company that is publicly collected. Teledyne Technologies Inc. (NYSE: TDY), who is an American midwifery protection contractor). Out of his / her surplus, some new MoonEx partners appear to be new as they do not have their names; Join in a search of known companies on S & P Global Market Intelligence.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Still, in a business as soon as "a new place," it is expected that many companies on anti-magic will have a new start-up. And, indeed, we're talking about Canada – land known for starting a penny stock with "many business opportunities" (but also bad financial risks for the independent investor). "data-reactid =" 35 "> Still, in a fast-growing business as a" new place, "it may be expected that many companies would have grown up and, indeed, we are talking about Canada – land with penny stock mining that begins with "many business opportunities" (but also financial risks for the predator unhealthy).

Words for wisdom

And that is what I want to talk about today.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "It is a country that is rich in natural resources in Canada, and many of these Canadian stock which gets the most attention from investors coming from the mining industry. This gives them a natural partner for a company such as Moon Express, and aims to give them transport to the moon for those who may want to use pool stores. However, there are also smaller and often unwanted mining penny stockpiles in Canada, which are often popular in the country's stock market such as "West West Wild." "Data-reactid =" 38 "> It's a wealthy land in natural resources, and many of the Canadian stocks that get the most out of a & From the mining industry, this gives them natural partners for a company such as Moon Express, and aims to bring them to the moon for those who may want to get resources ponds. But, there is also a smaller mineral penny stockpile and often ill-tailed in Canada, which often attracts the country's stock market as "West West Wild".

If and when Moon Express is going to the public, more partners will be able to; going on. These are the companies that would provide the financial streams that could be a profit for Moon Express. At the same time, however, investors need to be attentive: How Moon Express builds up with the # 39; The first attempt to launch, there is a danger that the new partners could overwhelm the opportunities they invest in the moon mining.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Access to funding These opportunities will be a barrier. Earlier this year, the beginning of mining space Planetary Resources that he was running out of money, trying to sell himself to a "blockage campaign production studio" in October. "data-reactid =" 40 "> Access to funding could be a barrier to these opportunities. Resources reported to be issued out of cash, were being taken sold herself to "blockchamber enterprise production studio" in October.

Another problem is the problem with a & # 39; installing a machine capable of making mining at a level – and a & # 39; Returning resources to land. Moon Express expects to have one of its first operations on its. Moon to collect and to # 39; Return to Earth some samples of pools. However, the only "mining" objective does not appear to find more than the kilograms of the Moon stones, which will be valuable here; Most of Earth for the legend. It is not likely to happen by 2020 at the earliest stage.

Continuing story