Top 10 Waste Management Companies in the USA Palladium running around $2,400 an oz and today on BNN they were predicting a major shortage of the metal.
Platinum trading solid near $1,100 an oz
When Pendura first announced potential revenues for CC recycling, these commodities were trading 30% / 40% lower than this. At that time the potential revenues were stated to be ........................... $200,000,000 !
Pendura was forced to lower those numbers because .........people in the investment community looked at him like he was a "snake oil salesman" when he stated those figures.
Why do you think individuals are stealing these catalytic converters like they are? Why did Ford Dodge GM have to create theft prevention for CC's on their new pickups? Because they are worth $4,000 to $5,500. As emission requirements become more stringent more of these metals will be needed and......... palladium is used widely in electronics as well so either way CC recycling will be beyond lucrative. Then .........add carbon credits......
My point here is .........when MWX states a couple three 1/4's of revenue late this year and or early next ............at least a couple of the top waste management companies in the USA will be knocking on the door, me thinks!!!!
GLTYOU
RR
In the meantime......enjoy your free shares you will find in your account in May / June / Julyish
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The trash that humans create isn’t the most pleasant part of life, but regardless it needs to be handled professionally. The businesses in charge of managing the garbage of the United States are waste management companies.
While having pounds of garbage as a constant co-worker doesn’t sound like the most glamorous working environment, the largest players in the waste industry earn billions of dollars every year.
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