I'm a 19 year old from Albuquerque new Mexico and have always have always been interested recovering gold from circuit boards.
As of now I'm stuck in a debate of processing circuit boards or just selling the circuit boards
Right now I'm just stacking circuit boards and reading as much as I can to debate what I should and shouldn't do.
Thanks to all reading
-Johnny
Hi, welcome to the forum.
What I do with motherboards is
I take off only the flatpacks (mostly 1 or 2 per board northbridge/sothbridge) and sell the rest. I get a little lower price for it (10-15% less than normal) but i compensate with the flatpacks (they yield better).
I do the same with graphic slot cards exception that on some cards I leave the fingers on since some of it is ENIG and not worth the effort and look better when sold.
If you have the chance, IMHO
start looking and buying RAM sticks, since they take less space and you can stack a large quantity in relative small place, and either process it or resell it for higher price (value stays with you in time even if not processed). RAM sticks are my failsafe backup, I stack them in case something goes wrong, i mess up an investment or buy someting overvalued and I need a quick buck to balance, they sell like hot cake for a very good price.
My opinion is:
1)
Calculate the price of your parchase accordingly: The time needed to recover and refine the values (how much time you invest to gain the valuables versus how much money you could earn in the same period of time), the materials needed to recover and refine the values (acids labware, equipment in genera, water, electricity, gas etc), calculate an amortization time for your equipment (time period that you have to change your equipment), leave a 15% margin for unexpected surprises (anything that could go wrong, etc.).
Example, just for the sake of the description: Ebay auction sells 4 lbs of close cut fingers for 300USD (expected very optimistic yield
10gr 24k gold). If you need 4 weeks to process 4 lbs of fingers with AP ( 10 hours to refine and melt to button), you use 1 gal. of muriatic for 10USD, 1oz of hydrogene peroxide (from a 64 oz worth 23USD) worth 0.34USD, Bubbler, 2x3 gal plastic bucket for 10 USD, beakers and other ustensils approx. 30 USD amortization, electricity/gas/water bill approx. 100 USD, +15% margin of the value of 10gr of gold (67USD). Not everything is mentioned but you`ll get the idea. So you have reached an input of 300 +10+0.34+10+30+100+72.5+67 (10x minimum wage/hour) you`ll end up with a 10gr of gold button for 589.84 USD whereas a 10gr Perth mint bar at APMEX is 670.76 USD. You have a
"profit" of 80.92 USD on this purchase.
IF the same auction would be 600USD you`ll end up with a loss of 219.08USD.
2)
Know what you are buying and the real value of it!
3)Choose a maximum of 3-4 tipes of material and learn to be an expert in recovering and recycling that material!
Its better to be an expert in 1-2 things than be average in many things!
4)Diversify your sources of purchase of materials: Start searching for scrapyard workers (they would help you if they find some interesting stuff for a little extra income), garage sales, flea markets, and so on, you`ll get the idea.
Don`t be dependent of one source for your material.
5)
Before any recovery and refining operation, make sure you`ll posess all the knowledge and you have all the necessary PPE and other safety equipment to safely reach the final goal of melting your button without poisoning yourself and half of the neighbourhood.
6)It could sound harsh but the graveyard is full of peaople who said
"i`m cautios, that can`t happen to me/with me"... Allow time to yourself to learn and build up a healthy hobby/businees before attempting anything.
You`ll get this wrong only once, and probably won`t have the chance to do it again!
The more you learn the more you will see that this e-waste recovery and refining univers is bigger and more complex than a youtube video will show you! Rome wasn`t buit in a day, why would you do it in less?
I hope this information helps you in some extent.
Be patient with youself, learn and ask questions if you don`t understand something (processes, definition etc.), read Hoke`s book, be safe on your journey.
Pete