This is how it stands...

Discussion in 'Silver' started by Dusty, Aug 20, 2012.

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  1. goldpelican

    goldpelican Administrator Staff Member

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    Bit of thread cleanup going on.

    May I remind *all* members to heed the forum guidelines and to communicate in a civil manner with each other. Making threats and publishing other members personal details will not be tolerated further in this thread from any member.
     
    goldpelican, Sep 8, 2012
    #241
  2. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    This is a quote from their RS Club PDF:

    It does appear likely the primary goal of RSC is to sell/lease their patented extraction methods... so the coin business is probably only a proof of concept or attempt to make some income from the processing in order to fund their larger plans.

    It's possible that RS Club funds have gone toward funding the companies "large-scale, poly-metallic smelter", rather than this money coming from inst investors as suggested by RSC.
     
    Bullion Baron, Sep 9, 2012
    #242
  3. hiho

    hiho Active Member Silver Stacker

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    anyone ever tested one of the coins?
     
    hiho, Sep 9, 2012
    #243
  4. Silvercross

    Silvercross Member

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    Ar o... :)

    Good point.
     
    Silvercross, Sep 9, 2012
    #244
  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I'm worried where this will head
     
    mmm....shiney!, Sep 9, 2012
    #245
  6. iceblue

    iceblue Well-Known Member

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    Nothing to worry about if they test 99999.
     
    iceblue, Sep 9, 2012
    #246
  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    XRF machines only do 3 decimal points , anymore it would have to go to a lab ,I'm not even sure if there is equipment to go to 5 dec points .
     
    spannermonkey, Sep 9, 2012
    #247
  8. boston

    boston Well-Known Member Silver Stacker

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    mass spectrometer may do it.
     
    boston, Sep 9, 2012
    #248
  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    No, it's just something else for every know it all to speculate and crap on about.
     
    mmm....shiney!, Sep 9, 2012
    #249
  10. iceblue

    iceblue Well-Known Member

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    iceblue, Sep 9, 2012
    #250
  11. goldpelican

    goldpelican Administrator Staff Member

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    As spannermonkey said, commercial XRF equipment for the retail bullion sector won't cut it - you would need to send one off for assay. You would think that by now a competitor at least would have had one assayed.

    I'm thinking there's a market for 6 9's silver. If you're not happy with the assay results, we send you the sixth 9, free!

    Step into my office.
     
    goldpelican, Sep 9, 2012
    #251
  12. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    .99999999999

    Purity goes up to eleven. :p
     
    Eureka Moments, Sep 9, 2012
    #252
  13. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    From asking ALL the dealers in Melbourne ,they all think it's a joke
    They don't care about the purity as they want pay any more & it all melts the same ;)
    They would only pay spot for the coins ;) ,at least with the Dragons I can get my $ back from certain dealers ;)
     
    spannermonkey, Sep 9, 2012
    #253
  14. finicky

    finicky Well-Known Member Silver Stacker

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    .99999 silver

    So specifying .00009 extra silver, to say a .9999 Maple, right?

    AUD spot price = $32.42 or 3242 cents

    So extra specified silver you get is:

    .00009 x 3242c = 0.3 cents of extra value per investment in one oz of silver

    You wouldn't take any notice of it in an exchange would you?
     
    finicky, Sep 9, 2012
    #254
  15. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    More of a marketing ploy rather than a joke. A ploy that does not interest me, same with the endangered animal and eco-friendly aspect of their production. I like them because people pay high prices for them.
     
    mmm....shiney!, Sep 9, 2012
    #255
  16. Rinchin

    Rinchin New Member

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    Depends why you are buying it.Certainly not worth any extrabased on quantity but if you have an industrial application requiring silver of the higher 99999 standard might be worth a few Bob

    Not sure what you could do with silver but I have heard high purity palladium has the ability to act as a catalist enabling a form of cold fusion.
     
    Rinchin, Sep 9, 2012
    #256
  17. Dusty

    Dusty Active Member Silver Stacker

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    Brian emailed me last night and said that he will pay me my money soon.
    At least he didn't give me another date.

    O well fourth time lucky.
     
    Dusty, Sep 10, 2012
    #257
  18. goldpelican

    goldpelican Administrator Staff Member

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    At least you are still getting communications.
     
    goldpelican, Sep 10, 2012
    #258
  19. Ghost

    Ghost Member Silver Stacker

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    From a small island in the Bahamas.... :rolleyes:
     
    Ghost, Sep 10, 2012
    #259
  20. Wiowi

    Wiowi Member Silver Stacker

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    I received my outstanding RSC membership coins today. That is a positive step.

    My 2 week's notification for receipt of membership refund ends this Wednesday. Allowing for bank clearances, I'll give it till Monday 17/09/2012. I wonder if it will happen?
     
    Wiowi, Sep 10, 2012
    #260
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