Refiner proposal

Originally Posted by PartTimeScrapper

My question is how much PM would you expect to get back from 2000 LBS of motherboards. Thats the only way you can figure out if your getting a good deal or not. DO they want the 2grand to prcoess the boards up front or do they take it out of final cost?

they take every thing out after processing. They will also return your materials if testing is not to your liking. What are you gonna do with 2000lb of ground up PCBs though?

Pool means they let you put your metal on there books as a volume and you can cash it out any day you want. So if you send in the boards today and 60 days from now they get it done and the gold market crashed 200 bucks you can have them pool it and you can wait for the market to come back up before you have them cash you out.

Originally Posted by Reelman65

they take every thing out after processing. They will also return your materials if testing is not to your liking. What are you gonna do with 2000lb of ground up PCBs though?

you won't get back 2000 lbs of ground up material. depending on when you ask for return, you will get back less weight or a copper dore bar if you wait till after processing is complete. mechanical separation starts immediately. and that material is not kept separate by lot.

Originally Posted by rbrooks715

you won't get back 2000 lbs of ground up material. depending on when you ask for return, you will get back less weight or a copper dore bar if you wait till after processing is complete. mechanical separation starts immediately. and that material is not kept separate by lot.

they said you would get everything back including materials used for testing.

I would rather have the metals. <<

a processor does not refine. you could get back a copper dore bar. which you would have to have refined. same thing the processor does. the processor sends that dore bar to a smelter/refiner after they pay you. a few of the larger processors offer hall marked bars or a variety of bullion coins. but the exchange rate is the same or worse than if you just went out and bought on the open market.

Originally Posted by Reelman65

they said you would get everything back including materials used for testing.

impossible. the goal of processing is to remove as much of the non precious metal material as possible. a 2000 lb lot is going to return a dore bar that weighs an average of 250 to 300 lbs. the remainder of that weight has be removed thru a variety of mechanical, thermal and chemical process'. that removed material is gathered at a central locations. meaning that the removed material from your lot is mixed in with all of the removed material from other lots. which is the real concern. the efficiency of the process and if any precious metal is being lost, removed, with the waste material.

if you determine that the recovered value reported is too low, it is already to late. it will not matter if the loss is unintentional or intentional. you are not going to get it back and you have no effective recourse other than to change processors.

knowledge is the key to dealing with processors. if you understand how the process works and can communicate that to the processor, you will reduce possible loss'. there is nothing you can do about the crooks in the business.