Message:

<p>[QUOTE=&quot;Michael K, post: 2832505, member: 78298&quot;]But wouldn&#039;t the smelter be mixing in some 40% coins with mostly 90% coins and the cost factor wouldn&#039;t be as great as if they were just melting only 40% coins.</p><p>The smelter also gets the value of the copper. That&#039;s&nbsp; not a fortune, but it&#039;s something.</p><p>For example, let&#039;s say he is melting a ton of silver. With the 40% factored in, let&#039;s just say the silver is 85% pure. He is also getting 300 pounds of copper at $3 a pound for $900. (I saw a quote recently at $2.99)</p><p>It&#039;s really not going to cost&nbsp; him much more, or be that much harder to extract the copper from an 85% load as a 90% load.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in