This market is proving that there is a firm bid underneath the surface, but the day you start getting sloppy and giving things too much room could be the day we end up getting a more significant pullback.
Using a similar approach, the firm wants to cover the surface of a bottle with hydrophilic (water-attracting) and hydrophobic (water-repellent) materials.
The firm said the construction phase would create hundreds of new jobs while the surface mine site could be tapped for geothermal energy to provide heating and cooling for the homes.
In other company news, 36 years after astronauts Neil Armstrong and Edwin "Buzz" Aldrin strode upon the Earth's only natural satellite, Schmidt's firm has launched Google Moon: A mapping service that lets homo sapiens explore the lunar surface from their PCs.