Emperor Findus Cladius
Bronze Member
- Sep 2, 2004
- 1,831
- 46
- Detector(s) used
- Whites Vision/V3 Spectra, AT Pro
- Primary Interest:
- All Treasure Hunting
It is heading in the correct direction.
For anyone who sells their 40%, particularly to a refinery. Has anyone ever thought about what is left after the silver is refined out? Copper. Lots of copper. For every 100 lbs of 40% sent in, there is 60 lbs of copper left, and copper is over $3 a pound. I am speculating this is something that the refineries that do accept the 40% dont want folks to think of, as they probably keep it and sell it off to boost thier bottom line. I am surprized that more refineries do not accept 40% so they can get in on the copper residue band wagon. Any thoughts?
For anyone who sells their 40%, particularly to a refinery. Has anyone ever thought about what is left after the silver is refined out? Copper. Lots of copper. For every 100 lbs of 40% sent in, there is 60 lbs of copper left, and copper is over $3 a pound. I am speculating this is something that the refineries that do accept the 40% dont want folks to think of, as they probably keep it and sell it off to boost thier bottom line. I am surprized that more refineries do not accept 40% so they can get in on the copper residue band wagon. Any thoughts?
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