And said colony could potentially generate trillions in profit from mining operations, or as a jumping off point to the Asteroid Belt where there are even more resources. And that's not even getting into the potential profit generated from providing services and goods to miners.

Of course that would require infrastructure to ferry materials and people back and forth, which would require a lot of upfront investment but would certainly pay off within a few years.

Point is it's doable and will almost certainly be profitable, but the tech and infrastructure aren't funded enough to do it yet.