Iron Ore – Raw Material (Buyers?)
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My college roommate, Mazen Abdu (765-543-8201), called me the other day and has 250 tons of this Iron Ore powder form (described in attached document) in double plastic bags stored inside containers in Kuwait.
My understanding is that this kind of Iron Ore is used for:
1. Anti rusting paints (mostly primers in the paint industry).
2. Tiles and ceramics for pools, as it makes them difficult to break (ceramic industry).
3. Protection of oil pipes before laying them in saltwater (chemical processing in the oil industry in general).
I also understand that the market value is above $300 C&F per ton. We are looking for a serious buyer and are looking to sell immediately. Prices are highly negotiable.
http://glenbradford.com/files/Storage/Iron%20Ore.doc
I’ve run out of stocks to look at, but am fine with the ones I have for now.
glf – no – ari5000 – not enough upside based on what i can tell from 10 seconds of looking at p/s ratio, and chart.
lpiw – could be, any big deals going forward?, probably an easy triple, maybe more depending on if there is a double or triple in the works (fundies)
www.glenbradford.com hop on my email list if you like my ideas.
4 Comments on this post
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House Hold Testing said:
The fact being, that we supply the raw material for free and is totally organic. The bi- products are endless, and we should be given something in the terms of refund (MONEY!) Opinions please.
October 8th, 2009 at 11:55 am -
hair loss said:
It depends…. on the product itself, tolerable profit margins and break-even points. Different “types” of products will carry different markup “points” throughout the chain.
December 4th, 2009 at 1:58 am -
Karaoke hire said:
Iron was a rare mineral many thousands of years ago, and was considered so valuable in some cultures, that it was more valuable than gold. It is one of the few minerals that can hold a magnetic charge.
December 4th, 2009 at 2:02 am -
best website design said:
It totally depends on the steel you wish to make. you can use nothing but carbon and iron if you wanted. Japanese tamahagane(sword steel) is made from nothing but charcoal and iron ore in the form of sand. a hot fire is made and then iron is added to the top as it burns down the carbon mixes with the iron and dissolves.
January 3rd, 2010 at 4:48 am