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<p>[QUOTE=&quot;Burton Strauss III, post: 2607042, member: 59677&quot;]Dave is correct, and this is what essentially drives the 69s slabbed to maybe $5 or $10 so above the price raw (almost breakeven).</p><p><br /></p><p>If you get a decent yield of 70s, selling them at $25 or $50 or $75 above raw covers the small loss from the 69s and makes a profit.</p><p><br /></p><p>If you get a poor yield of 70s you lose money.</p><p><br /></p><p>If you get a great yield you make lots more.</p><p><br /></p><p>It&#039;s the kind of model a 1st year business student can create. With some provisions for cost of capital, precious metal price fluctuation, shipping, etc.</p><p><br /></p><p>It obviously works given the flood we see.</p><p><br /></p><p>About now, the TPGs and big dealers are finalizing the setting up of the warehouses for the junior graders to grade the 1st 100s and 1000s of the monster boxes of ASEs when they are released in a couple weeks.[/QUOTE]</p><p><br /></p>

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