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copper recycling for $?
Hey folks, just wondering...
Has anyone looked into the feasibility of doing a "Copper Drive"; that is, send out fliers/emails to collect copper around town, and drive it to a scrap metal dealer?
It seems that at some threshold of quantity, it would be a good money-maker, I'm trying to figure out what that threshold is.
The buying rate is about $2.30 to $3.00 a pound for copper. Scrappers take bare-bright copper at the high price, and insulated wire etc at the low price (brass is about $1.20).
Compare that to aluminum which gets $0.50 a pound (and you need three times the volume to get the same weight).
Seems a no-brainer, but maybe I'm missing something. Thoughts?
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