I don't think you know the whole scope of what is coming for the recycling industry concerning old appliances. You should have watched the 60 Minute special about this topic and how the Gov't is cracking down on all the illegal dumping down in Mexico. New gov't laws requiring a paper trail for all thrown away appliances is coming in a big way.
Now multiply the number of households in the USA and Canada, then you will realize just how big this is going to be. The market for this is going to be HUGE. It already is now and will only get bigger over time. Your analysis at first looks good to the common Joe investor, but IMO you are making a statement based off of no real knowledge of the industry.
Why do you think Greensafe is planning on building not one, but four recycling plants?
Its because the market is there to support all these demanufacturing facilities.
A new 30 year high in SILVER today. Closed at $30.66 per oz.
But.....what do I know.
Cheers!
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