With the price of gold and other rare and precious metals going through the roof, there is more interest in investments and opportunities that involve precious metal ore.
Precious metal ore is basically valuable dirt. However, this dirt has a valuable quantity of precious metals; for example gold, platinum, silver, and palladium. If dirt has even a tiny fraction of a percentage of precious metals in it, the dirt is called ore, and has a large value.
Of course, for precious metal ore to get its full value, it has to be refined. Precious metal ore has to be mined from the earth, stored, guarded, transported, and refined before it can be fungible. Also, because there is often a lot of dirt mixed with ore, it takes up a lot of space and is heavy.
Precious metal ore is often worth less than $70 per pound. Of course, if you have 78,000 pounds of it, it can be worth about fifty-four million dollars. Usually, precious metal ore has to be mined from the earth, an expensive and time-consuming procedure.
Historically, mercury metal (once called quicksilver) and cyanide were popular (yet dangerous) substances used to refine gold and other precious metals from ore.
In modern times, precious metal ore is usually refined either with acids, with water floatation, shaking, solvents, melting, chlorine, and many other ways. Often, it takes several steps to produce a final refined product.
Obtaining precious metal ore is usually difficult. Usually, it is buried deep in the ground, or located in a protected area that cannot be mined. Most people that want gold, prefer it in the form of bullion, coins, or jewelry. Buying gold as a refined product means you have to pay full retail, there are very few bargains.
However, there are still bargains in precious metal ore. The bulk of raw ore is what makes it possible to find a bargain. Is it easy to turn raw ore into gold? No, if it was easy there would be no bargains. If one is well-funded, and has, or can find the right connections to a refiner, one can find bargains.
A search for a "Judgment Broker" on the web, shows there are current and unique situations. For example, 78,000 pounds of precious metal ore are stored in Nevada, worth at least 53 million dollars, stored in a secure location. Anyone that knows of or can find a refining company, can make a fortune by buying this for about 3.5 million, paying the shipping and refiner, and pocketing a huge amount of cash.
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Mark D. Shapiro - Judgment Referral Expert - good for all Judgment Enforcers and contingency collection lawyers:
http://www.JudgmentBuy.com - where Judgments go to get Purchased or Enforced!
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