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To be honest I'm only "hard on him" because I know he's got what it takes to do better so it's actually more of a back handed compliment. :shock:
Jon
Jon
Lou said:So far as I've experienced in many millions of dollars in precious metals--at some point anyone and everyone thinks they have more than what they really have. I have done it. You, dear reader, have done it. We've all done it. It's bias, hope, and perhaps most honestly, let's call it what it is... unrealistic expectations.
Have to give a special shout out to Barren Realms for one of the most diplomatic posts I've ever read on any forum and to everyone for not completely jumping Jerry.
If anything, Jerry is just learning just like I learned and many people here learned--experientially, and sometimes that's the hard way. He's been here a while, he's read, he's gotten called out on public forum for both the quality of his gold and what he considers "a stash", this material at low or zero cost basis with which to further learn.
Work on your delivery Jerry and keep reading and learning but realize first that there are people here who know a thing or two as well--they also had to learn just like you and they still are learning. Take their commentary constructively and roll with the punches--these guys don't want to see you lose money on items by having unrealistic expectations. They are giving the advice that has worked for them and made them money. I like to think I know it all and can't get anything off the forum or others' experiences--it simply isn't true.
nickvc said:I like it when you tell us some of your stories silversaddle, you take a thoughtful balanced approach to your business and don't try to squeeze every cent from a deal. As I have said a few times refining is not for everyone, but you can still make money from the material if you know what your doing, yes the buyers or refiners make money but everyone has to eat.
silversaddle1 said:22 years. I've been doing this for 22 years. I may have not seen it all, but I have seen most of it. Modtheworld, here is about a typical week around here. Not 10,000 pounds, but it was 8120 pounds, accoring to my truck scale. All from one customer, all shut down and pulled from two data centers in one day. I have never sold anything to boardsort. They just seem to be the benchmark on here for street prices. With the little amount of material you have there, no refinery would even look at it. So if you have the ability to do it yourself, then by all means do it. But I'm gonna say it again at the risk of sounding rude. If you think you are going to get 4-5000 dollars worth of gold out of that little lot, you are going to be very dissapointed when you finish. Spaceships, GSP, would you even try to refine those telecom boards at home?
silversaddle1 said:This stuff. This is the type of scrap that will get them knocking on your door with a pocket full of cash.
1974 datemarked pinboards from credit card recipt processing machines. These machines weighed over 3300 pounds apiece and we scrapped 6 of them. They would process millions of dollars worth of transactions per hour. Cost of equipment new was of no matter. They had to work right, the first time, everytime.
Sure, I could have refined them, but the buyer offered such a stupid amount per pound for them I could not say no. I know the guy, and I know what he does. He bought these when gold had just hit the 1000 dollar a ounce mark, and sat on them and sold them around the 1800 dollar mark. Yeah, he made money on them, that's true. But I did too. I had nothing in them other than the time it took to remove them from the facility, haul them back here on our own trucks, and the time it took to strip. He made money by sitting on them, I made money by re-investing his cash into more equipment. In the end I came out ahead on the deal as all the other metals from these huge machines more than paid for all expenses in the operation. The boards were pure profit.
I tell you this story to show you that refining is not the only way to see profit in this material.
silversaddle1 said:I don't blame Modtheworld for wanting to get as much for his material as he can, at the end of the day that's what we all want to do. I just know that he will not get the amount of gold he thinks he will get out of that lot and refining is not always the best option.
silversaddle1 said:I am not, nor will I ever be too proud to admit I too am still learning. I don't think Jerry is doing anything wrong, and I really hope he does well in his future. He can call me out and ask all the questions of me he wants. But, he must also understand it's a "young bull"/"old bull" thing here and as always, someone is going to get schooled! :lol:
It's all good.
spaceships said:To be honest I'm only "hard on him" because I know he's got what it takes to do better so it's actually more of a back handed compliment. :shock:
Jon
Lou said:So far as I've experienced in many millions of dollars in precious metals--at some point anyone and everyone thinks they have more than what they really have. I have done it. You, dear reader, have done it. We've all done it. It's bias, hope, and perhaps most honestly, let's call it what it is... unrealistic expectations.
Have to give a special shout out to Barren Realms for one of the most diplomatic posts I've ever read on any forum and to everyone for not completely jumping Jerry.
If anything, Jerry is just learning just like I learned and many people here learned--experientially, and sometimes that's the hard way. He's been here a while, he's read, he's gotten called out on public forum for both the quality of his gold and what he considers "a stash", this material at low or zero cost basis with which to further learn.
Work on your delivery Jerry and keep reading and learning but realize first that there are people here who know a thing or two as well--they also had to learn just like you and they still are learning. Take their commentary constructively and roll with the punches--these guys don't want to see you lose money on items by having unrealistic expectations. They are giving the advice that has worked for them and made them money. I like to think I know it all and can't get anything off the forum or others' experiences--it simply isn't true.
Barren Realms 007 said:Lou said:So far as I've experienced in many millions of dollars in precious metals--at some point anyone and everyone thinks they have more than what they really have. I have done it. You, dear reader, have done it. We've all done it. It's bias, hope, and perhaps most honestly, let's call it what it is... unrealistic expectations.
Have to give a special shout out to Barren Realms for one of the most diplomatic posts I've ever read on any forum and to everyone for not completely jumping Jerry.
If anything, Jerry is just learning just like I learned and many people here learned--experientially, and sometimes that's the hard way. He's been here a while, he's read, he's gotten called out on public forum for both the quality of his gold and what he considers "a stash", this material at low or zero cost basis with which to further learn.
Work on your delivery Jerry and keep reading and learning but realize first that there are people here who know a thing or two as well--they also had to learn just like you and they still are learning. Take their commentary constructively and roll with the punches--these guys don't want to see you lose money on items by having unrealistic expectations. They are giving the advice that has worked for them and made them money. I like to think I know it all and can't get anything off the forum or others' experiences--it simply isn't true.
Thank you Lou. That really means a lot to me coming from you.
Quite a few HP POE switches come through?modtheworld44 said:To All
I just wanted to show some of the stuff that I have gotten since 5-2-2016.I have been told over and over again in my threads "You can't make money refining unless you get your stuff for free". Well turns out that everyone was wrong.Hope yall drool yall's selfs silly :mrgreen:
P.S Can you see the same 4+oz of gold that I see?
modtheworld44
(Emphasis mine.) I would tweak that first quote slightly to, "You can't be sure you're getting a good deal on e-scrap unless you get your stuff for free." So many people come on here basically asking if they're getting a good offer for x pounds of goods at $y/pound. That's when the quote comes into play.modtheworld44 said:I have been told over and over again in my threads "You can't make money refining unless you get your stuff for free". Well turns out that everyone was wrong.
And that's how we learn. Experience is the best teacher for these values. GRF data is very good, and probably some of the best out there, but even that doesn't tell an individual e-scrap refiner what they will get when they process that same material. If one of the vets here says they get 3g/kg of a given material, I generally can only wish I'd get the same recovery rate on the same material. So even their data doesn't work for me.modtheworld44 said:Lou said:So far as I've experienced in many millions of dollars in precious metals--at some point anyone and everyone thinks they have more than what they really have. I have done it. You, dear reader, have done it. We've all done it. It's bias, hope, and perhaps most honestly, let's call it what it is... unrealistic expectations.
Yes,I agree that for the first four years of my refining I was one of those people.I would buy materials based on yield data provided here on our forum.I finally realized after sinking $2,000.00 into materials and equipment,that I could not rely on that yield data to help me make my purchases any longer.
modtheworld44 said:Here's some more pictures,and the whole stack is of the top board.I ended up getting 87 of the bigger boards.
modtheworld44
TheDragonWins said:modtheworld44 said:Here's some more pictures,and the whole stack is of the top board.I ended up getting 87 of the bigger boards.
modtheworld44
Late nortel (2010ish a few months before they were filing bankrupsy then were bought by Avaya) switches/routers/everything tend to sell on ebay fast and expencive.
When I left active service for the first time in the 90's one of my first job's was working for a subsidiary of Nortel called Granger Communication's.modtheworld44 said:TheDragonWins said:modtheworld44 said:Here's some more pictures,and the whole stack is of the top board.I ended up getting 87 of the bigger boards.
modtheworld44
Late nortel (2010ish a few months before they were filing bankrupsy then were bought by Avaya) switches/routers/everything tend to sell on ebay fast and expencive.
TheDragonWins
You can learn alot more about Nortel here https://en.wikipedia.org/wiki/Nortel.It's a very long read but well worth all the knowledge it will provide you.Do you have any Nortel stuff right now I would be interested if so will pay $4.75 a pound.I'll have to see pictures of them to make sure there the right kind.You pay shipping.Thanks in advance.
modtheworld44
justinhcase said:When I left active service for the first time in the 90's one of my first job's was working for a subsidiary of Nortel called Granger Communication's.modtheworld44 said:TheDragonWins said:modtheworld44 said:Here's some more pictures,and the whole stack is of the top board.I ended up getting 87 of the bigger boards.
modtheworld44
Late nortel (2010ish a few months before they were filing bankrupsy then were bought by Avaya) switches/routers/everything tend to sell on ebay fast and expencive.
TheDragonWins
You can learn alot more about Nortel here https://en.wikipedia.org/wiki/Nortel.It's a very long read but well worth all the knowledge it will provide you.Do you have any Nortel stuff right now I would be interested if so will pay $4.75 a pound.I'll have to see pictures of them to make sure there the right kind.You pay shipping.Thanks in advance.
modtheworld44
Great fun quietly installing microwave relay stations all over Europe.
If only I knew then what you have taught me now.the shipping containers of kit form the 80's they payed to ship off to china you would not believe.
The hole lot went bankrupt but I still keep in touch with some of the tec's from the Torque factory.
I have come across a little of there kit recently and what I have found looks good.
Are any of there processors salable for reuse now that they are so far out of production ?
Thank you that is very useful information.modtheworld44 said:justinhcase said:When I left active service for the first time in the 90's one of my first job's was working for a subsidiary of Nortel called Granger Communication's.modtheworld44 said:TheDragonWins said:modtheworld44 said:Here's some more pictures,and the whole stack is of the top board.I ended up getting 87 of the bigger boards.
modtheworld44
Late nortel (2010ish a few months before they were filing bankrupsy then were bought by Avaya) switches/routers/everything tend to sell on ebay fast and expencive.
TheDragonWins
You can learn alot more about Nortel here https://en.wikipedia.org/wiki/Nortel.It's a very long read but well worth all the knowledge it will provide you.Do you have any Nortel stuff right now I would be interested if so will pay $4.75 a pound.I'll have to see pictures of them to make sure there the right kind.You pay shipping.Thanks in advance.
modtheworld44
Great fun quietly installing microwave relay stations all over Europe.
If only I knew then what you have taught me now.the shipping containers of kit form the 80's they payed to ship off to china you would not believe.
The hole lot went bankrupt but I still keep in touch with some of the tec's from the Torque factory.
I have come across a little of there kit recently and what I have found looks good.
Are any of there processors salable for reuse now that they are so far out of production ?
justinhcase
Process them and you'll see just how good they are compared to there looks.Can you remove the black heat sink off the other ceramic cpu and repost the picture? They probably are resalable but you would never catch me trying to sale any of mine and definitely not any from their microwave kit.Here's a link to the company that made the backplane boards I showed in my pictures.Click on all the sub category's to the top left of the page and look at all the different types of specs they provided nortel with, even down to the fully gold plated boards.
here's the link http://www.sanmina.com/components/backplanes/technology/index.php
I have run a Quick Recovery Test Batch on three of the seven Different components, That I'm going after immediately.My data will span all 16 Backplane boards that I got in this contract,there's 8 different rev models that includes to large PROTO2A boards.I kinda feel like there's some members on the forum that don't want me to share my true Knowledge about what I really know about these types of boards(just my own opinion that's all). Thanks for your time and picture(very nice board by the way)in advance.
modtheworld44
justinhcase said:P.S.
Now you mention it and I had half forgotten.
I did get 4.8g Au just from the plug board's at the back.
Very thick plating, it was like one of the snow globes once I had digested the base metals .only gold instead of snow..
justinhcase said:Have you thought about testing the bright end of the pin's and the soldered end separately.
That way you will know for certain if the extra work un-soldering the hole board is more than selling a worth while board.
I try to hit a happy medium,recover all the kit that brings my hourly wage above £10-15(That includes the time processing not just picking) and leave any thing else for a rainy day when I should get half the final smelt of all the copper as well once processed by the big boy's .
I did not think that there would be much plating dissolved in quite a bit of tin solder.very finely divided.
I had thought of doing a fire assay but have not had the time yet ,still trying to find the best way to work and comparing different returns from different rout's..
I found a very soft and light solder on pins in the back plate of the Meridian exchange, They could be pulled out but are a bit of a pain to digest.modtheworld44 said:justinhcase said:Have you thought about testing the bright end of the pin's and the soldered end separately.
That way you will know for certain if the extra work un-soldering the hole board is more than selling a worth while board.
I try to hit a happy medium,recover all the kit that brings my hourly wage above £10-15(That includes the time processing not just picking) and leave any thing else for a rainy day when I should get half the final smelt of all the copper as well once processed by the big boy's .
I did not think that there would be much plating dissolved in quite a bit of tin solder.very finely divided.
I had thought of doing a fire assay but have not had the time yet ,still trying to find the best way to work and comparing different returns from different rout's..
justinhcase
All the pins on this type of backplane are all non-solder push pins except for the ones in the 3 blue plug connectors .I can pull all the other pins on the board(which is between 2,160 and 4,080 depending on rev type)in under 30 mins flat.I have a really good system that I developed and use.Most,but not all soldered telecom pins are normally only plated down to where the bottom of the plastic meets the board.There is some pins that are fully gold plated that I have to heat off with my butane torch though some times.Thanks for this interesting conversation and hope it will continue on.
modtheworld44
justinhcase said:I found a very soft and light solder on pins in the back plate of the Meridian exchange, They could be pulled out but are a bit of a pain to digest.modtheworld44 said:justinhcase said:Have you thought about testing the bright end of the pin's and the soldered end separately.
That way you will know for certain if the extra work un-soldering the hole board is more than selling a worth while board.
I try to hit a happy medium,recover all the kit that brings my hourly wage above £10-15(That includes the time processing not just picking) and leave any thing else for a rainy day when I should get half the final smelt of all the copper as well once processed by the big boy's .
I did not think that there would be much plating dissolved in quite a bit of tin solder.very finely divided.
I had thought of doing a fire assay but have not had the time yet ,still trying to find the best way to work and comparing different returns from different rout's..
justinhcase
All the pins on this type of backplane are all non-solder push pins except for the ones in the 3 blue plug connectors .I can pull all the other pins on the board(which is between 2,160 and 4,080 depending on rev type)in under 30 mins flat.I have a really good system that I developed and use.Most,but not all soldered telecom pins are normally only plated down to where the bottom of the plastic meets the board.There is some pins that are fully gold plated that I have to heat off with my butane torch though some times.Thanks for this interesting conversation and hope it will continue on.
modtheworld44
They hold a little value as the saddle of the solder seat reaches over the gold plating, It will not be much and quite awkward to recover for such a small amount.
So I just use a very sharp chisel and a hammer to take them off at the base.(making sure to do it in side a large box to catch strays and wear safety glasses because some travel at speed.)one to two minutes each strip of pins top's. I keep a close eye on the task and try to imagine having to pay for some one else to take over.is this just a cottage industry or can it be scaled up efficiently?
I try not to scavenge a board clean and leave the hard to recover value for the larger operations, with the U.K. Legislation it is handy to keep a larger company on your side .
Exeter is two hundred miles from the people I have an agreement with, it may take two years of storing but the minimum load has to be one ton , to be actually economical you are looking at stockpiling five.
But it is a very good piggy bank and every little helps..
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