GREY:NATUF - Post by User
Comment by
DetVicMackeyon Sep 16, 2011 6:12pm
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Post# 19052416
RE: Can anyone explain
RE: Can anyone explainNon-precious metal companies such as NTC sell concentrate which needs further refinement. Refiners check the quality of the concentrate and discount the shipments anywhere from 20-40% of spot metal prices since there are refining costs and gross margins to be made. All my non-PM stocks have been losers for me and I am left with an expensive lesson.