Copper hoarding

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Copper hoarding

Postby wayne1956 » Thu Dec 30, 2010 7:55 am

With the current prices in copper, how many folks are still hoarding? I am sitting on a little bit better than 100lbs (combined) of #1 and #2. I keep waffling on whether to continue to hoard or dump while the prices are high.
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Re: Copper hoarding

Postby Heartkill » Thu Dec 30, 2010 1:00 pm

I have roughly 300lbs. of #1 and #2 mixed in a tub. It's a mix of pipe, wire, buss bars, misc.

I finally cashed in some big #2 cable I've had for a few years, as it was paying $3.08 a pound last week.

I kept telling myself that once it hits $3 its sell time, so I think I'm going to clear it out for now. I could use the cash and the space in the garage.
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