[s-cars] [urq] NAC, thoughts on copper prices

James Murray (QA/EMC) james.murray at ericsson.com
Mon Jun 5 18:16:48 EDT 2006


Hey hey hey !!! Leave those Canuck pennies alone!!! We need them to pay
for the man-hole covers that keep getting stolen... And if any of you
cheap SOB's out there are responsible for stealing those man-hole
covers... well STOP IT! Those aren't rare Canuck artefacts laced with
gold, the pot holes situation here (Montreal only) is freaking bad
enough... you'd think we had leprechaun's digging the roads up looking
for gold... I'm going to have to convert me S-car to S-Hovercraft soon.


/Jamu.

P.S. I hear there's lotsa copper in the Statue of Liberty, look there
first... ;-)

-----Original Message-----
From: s-car-list-bounces at audifans.com
[mailto:s-car-list-bounces at audifans.com] On Behalf Of Brady Moffatt
Sent: Monday, June 05, 2006 5:34 PM
To: 'djdawson2 at aol.com'; s-car-list at audifans.com; urq at audifans.com
Subject: Re: [s-cars] [urq] NAC, thoughts on copper prices

Not that this may be a factor, but isn't it illegal to destroy legal
tender?

Now, gotta go check if Canadian pennies are all-copper. Might be an even
better ROI!!

Cheers,
Brady

-----Original Message-----
From: djdawson2 at aol.com [mailto:djdawson2 at aol.com]

I guess I'm a little behind... but I'm doing some remodeling on my home.
Off I go to Home Depot to buy a 250ft reel of 12-2 wire.  $102!?  So,
I'm told that copper prices have gone through the roof (probably
following the oil company business model).  The current price for scrap
copper is now at
$3.72 per pound.
 
This gets me thinking... what does 372 pennies weigh?  So, off to the
super accurate and recently purchased refrigerant scale.  Turns out that
372 pennies weighs in at 2.1204 pounds.  In other words... 372 pennies
turns out to be worth $7.89 on the scrap copper market.  This is a large
return on investment.  Anybody want to go into the penny melting
business?
 
Dave
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