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Biscuits Catylitic Converter Project

| Items & Materials: Selling for More Than Scrap Value

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  1. #12
    mikeinreco's Avatar
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    Quote Originally Posted by blackgold12 View Post
    The precious metals wash coat is on the surface of the monolith, poor air filter maintenance is the major cause of platinum roadside pollution. It's well documented, Cody's Lab even did an experiment from dust swept up from a highway that proves it.

    As I've demonstrated with ultrasonic's and a few other experiments like freezing the cat the wash coat is easily removed, there could be a valid argument that I'm not recovering all the values present.

    But after shipping out a drum of milled cat with 580 pounds of milled cat comb from which I had an independent assay done with American Analytical showing my comb had a value of $35.00 us per pound and should have received back from the refinery in the neighborhood of $20,00.00 but instead got a measly $6,000.00.

    I had $6,000.00 into purchasing those cats plus an additional $500.00 for shipping and another $50.00 for brokerage fees, Legacy bankrupted my operation and I swore then and there to never put myself into a situation where I'm the lowest man in the food chain.

    Legacy consigned my shipment to Metalix who did the actual refining.

    Now ya all know how I felt getting bit by a shark, then after the wound healed decided if I could just recover the precious metals wash coat there would be no further need to be that low man in the food chain. My refinery options would be limitless, plus there would be no brokerage or $500.00 high shipping fee to ship a few hundred grams over hundreds of pounds of material.

    From the various experiments I'vm done all work, some are quicker at doing the work of removing the wash coat than others but the end results are the same.

    Now I'm going to add this toy, it's an engine cleaning gun that siphons a solvent then blows this with compressed air to remove dirt and grime from an engine block.

    My theory is that once a bit of precious metals wash coat has become liberated in just plain old water it will become the abrasive, the engine cleaning gun under pressure becomes a sand blaster but instead of using an aggressive media we're using wash coat

    Fortunately larceny does not reside in my soul, but just imagine a guy selling cats by the numbers on the canister had he first used high pressure water to remove the majority of the wash coat before selling the canister.

    I see a good legal argument here, buyer is buying a numbered canister with out an assay to prove values inside the canister. I wonder how the jury would rule on this, bet a good lawyer would win the case.

    Anyhow I've off to the jobber to purchase an engine cleaning gun for more experiments.

    [IMG][/IMG]
    If $6,000 bankrupted biz you had no business messing with it anyway


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