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February 2008 - Posts
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Dear Sir/Madam,
I am Mr David Zuma, A Special Structural Engineering Auditor to the South African railway Corporation [SARC] and the Ministry Of Transport Federal Republic Of South Africa. Plesae see our product description
The products involved is Used Train Rail Scraps with the Specification of R50 & R 65 as conformed to the ISRI Codes. The Origin: South Africa. Quantity: 120, 000 MT (One hundred and Twenty Thousand Metric Tons) Packing arrangements: Cut to sizes for containerizing exporting allowance. Shipment: 30, 000 MT (Thirty Thousand Metric Tons per Shipment. ) Contract Period: Four Months. Price: USD $130 per Metric Ton. Payment Terms: Payment of the goods to be done 21 days after when goods has been delivered, discharged at your chosen port of discharge. Delivery Terms: CIF. Inspections: By Buyer and at the loading port by SGS During loading process The scrap rail consists out of the used rails scraps from the South African Railway Commuters Corporation.
All materials are totally free from any types of radiation; bombs, arms and ammunition, and explosive in any form either used or otherwise. Please confirm if you are willing to close down the contract as to enable us schedule and arrange for your urgent trip to South Africa for inspections of the materials and signing of the contract with us and the representatives of The ministry. Again also note that you will not be required to pay for the goods until they have been successfully moved out the shores of South Africa. Be informed that upon your acceptance to this offer, we will be providing you with all the related documents for your perusals before coming down to South Africa for the signing of the contract with us. Finally, upon your acceptance to this offer, be guided that, immediately after signing the contract with the ministry, you will be automatically assumed to begin cutting of the materials to the international scrap standardized approved sizes for immediate free exportations. Please henceforth all your correspondence should be through this direct email address:davimoore@executivemail.co.za For faster communications, you can reach at +27-786-359-634 for more verbal discussions. Thanks and regards. David Zuma.
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SCAM BUSINESS OFFER FROM GHANA, I WONDER WHY THE GUYS CALL THEM AS DR (DOCTORS)
i am issaka mensah a dealer and manufacturer i based in accra ghana at no 5 tudu road accra ghana i am looking for a nice business person who have a good heaart as son of God for investment thanks and remain bless from Dr Issaka mensah
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ANOTHER NIGERIAN FRAD MAIL
We have large quantity of Scraps for sale. We have over 2million metric tons starched all over the yards and dump start in Nigeria. Due to recent Change in the Ministry of Transport under which The Nigerian Railway Corporation belongs. The Railway Corporation is going on privatization as negotiation is going on for foreign management to take over. The Presidency has raised a Task Force to evacuate the whole scraps littered within the railway yards and different location in the Country. We have the mandate of writing this offer as a direct seller to seek Your interests on behalf of our auctioneers,
The Federal Ministry of Transport of Nigeria, Who has authorized us to negotiate with Buyers, that can purchase the products as stated below under as spot lift contract term. PRODUCT: USED RAIL TRACKS SPECIFICATIONS: R50 & R65 as conformed to the ISRI CODES ORIGIN: NIGERIA MANUFACTURERS: RUSSIA AND UKRAINE PACKAGING: Loose and Cut to sizes of 1.5inches or buyers specification before containerizing and Loading. QUANTITY: 1, 200, 0000.00 MT (One Million Two Hundred Thousand Metric Tons) SHIPMENT: 30,000. (Thirty Thousand) Metric Tons per Month. CONTRACT PERIOD: 12 Months. PRICE: USD$155 per Metric Ton. DELIVERY: CIF. INSPECTION and CERTIFICATION: By SGS at the Port of Loading. Chemical Composition: International Standards as follows: R50 - 51.67 kg/m GOST 7173-75 C : 0.67 -- 0.8% Mn : 0.75 -- 1.05% Si : 0.13 -- 0.28% P : max. 0.035% S : max. 0.045% Ar : max. 0.15% R65 - 64.72 kg/m GOST 8165-75 C : 0.6 -- 0.082% n : 0.75 -- 1.05% Si : 0.13 - 0.28% P : max. 0.035% S : max. 0.045% Ar : max. 0.15 The scrap rails consist out of the used and unused rails from the Nigerian Railway Corporation [NRC].
All materials are totally free from any types of radiation, bombs, arms and ammunition, and explosive in any form either used or otherwise. Please confirm if you are willing to close down the contract as to Enable us schedule and arrange for a meeting and discuss any gray areas. You may be required if need be to visit and inspect product, meet with our Principal the board of the Railway Corporation including Task Force for evacuation of scraps under the Presidency. Finally, upon your acceptance to this offer, we expect you to send LOI so we can prepare FCO and draft contract agreement and send to you for your perusal, study and consideration pending when all arrangement including payment terms will be agreed upon. Also, we offer HMS 1&2. And the Price is $145/mts Minimum sale 30,000Mts. The price for the used rail And HMS are still negotiable if buyers are serious. I wait for your LOI to confirm your readiness to purchase so we can issue FCO. You can get in touch with via this email princemacdaniel@juno.com Regards, Richard.
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BEWARE BEWARE BEWARE OF THIS SPAM
YOUR KIND ATTENTION,
IS MY PLEASURE TO SEEK YOUR CONSENT IN THIS HUGE PROFITABLE BUSINESS OF MUTUAL BENEFIT BETWEEN YOU AND ME INVOLVING AN AMOUNT OF $6,750,000 SIX MILLION SEVEN HUNDRED AND FIFTY THOUSAND UNITED STATES DOLLARS,
PLEASE GET BACK TO ME URGENTLY FOR DETAILS IF YOU ARE INTERESTED, EMAIL :drifa_gh@yahoo.com FOR FULL DETAILS. REGARDS. DR,LOUIS FRIMPONG AGYEI.
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This is one spam complaint received from a number of members. Beware of this
I am Mr Justice Dube, A Special Structural Engineering Auditor to the South African railway Corporation [SARC] and the Ministry Of Transport Federal Republic Of South Africa, I have been given the mandate by the Honorable Minister to secure a reliable experienced business entity in overseas through whom we can auction and export the bellow described product urgently.
The products involved is Used Train Rail Scraps with the Specification of R50 & R 65 as conformed to the ISRI Codes. The Origin: South Africa. Quantity: 120, 000 MT (One hundred and Twenty Thousand Metric Tons) Packing arrangements: Cut to sizes for containerizing exporting allowance. Shipment: 30, 000 MT (Thirty Thousand Metric Tons per Shipment. ) Contract Period: Four Months. Price: USD $90 per Metric Ton. Payment Terms: Payment of the goods to be done 21 days after when goods has been Delivered, discharged at your chosen port of discharge. Delivery Terms: CIF. Inspections: By Buyer and at the loading port by SGS During loading process
The scrap rail consists out of the used rails scraps from the South African Railway Commuters Corporation. All materials are totally free from any types of radiation; bombs, arms and ammunition, and explosive in any form either used or otherwise. Please confirm if you are willing to close down the contract as to enable us schedule and arrange for your urgent trip to South Africa for inspections of the materials and signing of the contract with us and the representatives of The ministry. Again also note that you will not be required to pay for the goods until they have been successfully moved out the shores of South Africa. Be informed that upon your acceptance to this offer, we will be providing you with all the related documents for your perusals before coming down to South Africa for the signing of the contract with us, Finally, be informed that upon your acceptance to this offer, we will be providing you with all the related documents for your perusals before coming down to South Africa for the signing of the contract with us, Please revert via: Email: justicedube_company@yahoo.com, and for faster attention call me on +27-733 581 612 round the clock. Thanks and regards, Justice
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The environment is something of a hot topic at the moment, with growing pressures both politically and socially to act up to our responsibilities to the planet and its ongoing conservation. After decades, even centuries of pollution and mindless resource depletion, we are now at a stage where far more caution must be exercised in the way we live our lives. Of course business and commerce can’t simply halt for the sake of the planet, and hence the process of recycling resources has become more and more prominent over the last few years, particularly in the scrap metal trade which has been buoyed as a result. In this article we’ll look at why scrap metal recycling is good for the environment and why it should be encouraged at any cost.
Scrap metal starts out life as any other metal material. It is built for a purpose and is often reserved for that specific use, be it in building or construction, machinery, technology or agriculture, where it will remain forever more in an ideal world. However, what happens when that machine breaks down, or the building is demolished to make way for some newer construction project? The metal from there becomes scrap, unwanted and many look to simply get rid of it out of their hands, usually by visiting a scrap metal dealer who will buy different bits of metal for money. So what’s the big idea about recycling then?
When people think of recycling, they tend to think of some chemical or mechanised process whereby a recycling plant takes some old and turns it in to something completely new, suitable for reuse ad ready for sale. We also tend to think of this as an environmentally friendly practice, but we’re never really told why. In fact, recycling can be the process of melting scrap metals for resale, but it can also be put under the heading of what your average scrap dealer will do when he sells a piece of metal on to someone else. Recycling can be defined as reusing in any sense of the word, which is environmentally friendly for one key reason – the more scrap metal reintroduced into circulation, the less metal that has to be manufactured.
Manufacturing metal is by its very nature environmentally intensive, creating toxic fumes and a certain amount of wastage that’s anything but kind to the planet. As we cut down the amount of manufacturing going on we cut out some of the pollution and waste that wreaks havoc on the earth, yet we fill in the void created by recycled scrap metal. With scrap metal just as usable as fresh metal and far less environmentally taxing, it makes sense to promote the trade and use of scrap in manufacturing processes, rather than to continually produce more and more fresh material at the expense of the environment. For this reason, recycling scrap metal is both cost effective for the buyer, and environmentally friendly all round.
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There has never been a better time than now to get involved in the trade and investment in metals. As the old saying goes, one man’s junk is another man’s treasure. With scrap metal that’s definitely the case, and at the very lowest level it is possible to monetize your investment from a number of different sources. Aside from that, metal investment is seen as a safe haven from riskier investments in times of crisis, which has naturally become particularly relevant since the sub-prime mortgage sector collapse and the resulting stock market unrest throughout the later months of 2007. In this article we will look at why investment in metals may be a valuable proposition, and why it may be favoured over other investment strategies.
Scrap metal is a valuable commodity for the simple reason that it can be resold in parts to other dealers, or eventually melted down and recycled for resale. From there, a commodity trade has emerged where investors from around the world are drawn towards buying up scrap metal with a view to providing a stable return on their investment later down the line. Because recycled metal is and always will be in demand, there is a ready buyers market alongside those selling, which makes the scrap economy tick over relatively smoothly.
Investment in metals is usually considered to be a ‘safe-haven’ in times of economic trouble, like at present with the fallout from the subprime sector crash in the US. Metal, because it is a valuable commodity in its own right, is rarely affected by wider economic factors, unlike the stock market or as we’ve seen recently, debt securitization. For that reason, investors usually flock to the metal market when other economic signs start to take a turn for the worse, as a safe and sustainable way of investing long term outside of high risk investment strategies. Scrap won’t take a tumble because of inflation or recession because it is a vital commodity that will always serve a purpose to someone – even if that is just through melting down to sell to recycling plants.
Another great reason to get involved in metals at the moment is the rapid growth in demand from emerging markets in Asia, like China and India, which are both consuming significant quantities of metals with an insatiable demand, to fuel their economic growth and build their commercial and social infrastructures as they continue to grow. For this reason, metal is in more demand than ever before pushing prices through the roof and giving prudent investors an excellent return on their money, without jeopardising the safety of their investment portfolios.
If you’ve never considered metal investing, there really is no better time than the present to make your move in to the market. For a safe investment that isn’t overly affected by external factors with rapidly growing demand from Asia in particular fuelling price growth, the scrap metal trade is becoming an increasingly popular and wise addition to the investment portfolio.
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When it comes to recycling doing a little can help a lot. As limited resources become more limited, and as the impact of waste places a bigger burden on the environment, the time for action is now. While the actions of one may not be enough to correct all the problems the world faces, the role of the individual should not be underrated in the journey towards a cleaner, more efficient, future.
Did you know?
One recycled tin could offset the environmental impact of 3 hours of watching television. On a daily basis, if you watch 3 hours of TV per day, you could simply recycle any tins that you consume during the day and sit back watching the TV safe in the knowledge that your not contributing negatively to the environment.
Recycled Paper uses 70% less energy to produce. The next time you pick up paper, why not consider opting for a recycled sheet? If your a business you may find that your customers may treat this as a positive signal – if you care for the environment then your more likely to care for them as a customer.
16% of energy consumption in manufacture goes into the packaging. Maybe you don't judge a book by its cover, or the products your want to buy based on the packaging, but you may be surprised to find that the investment businesses make in packaging comes at a price – to the environment.
9 out of 10 people think recycling is too hard. If recycling was made easier then 9 out of 10 people would be more likely to do it. If your an employer then why not consider providing your employees with the tools they need to make recycling possible and effortless? Even if you don't own a business what's stopping you from going out and helping your neighbours to recycle.
Teach A Man How to Fish...
If your recycling then your doing your bit and ensuring that your contribution towards the environment is a positive one. In short your an asset to the environment and your input will be appreciated by your grandchildren in years to come. However, imagine how much more impact you could have if you managed to get others to do the same as you.
That's right, rather than just doing your bit why not get others to follow suit? You could get your family and friends to do the same thing, and then get them to get their friends to recycle and so on. In doing so the impact of your actions could multiply exponentially.
If you ensure that you do your bit, and do your best to get others on board then the problem of environment change could well be one that has less ramifications than it looks like it might if things continue as they are now. Make sure that you can say you've done your bit, and that you get as much people as you can on board.
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There are many reasons why someone would want to get in to the scrap metal market. For one, it is widely considered to be a much more stable alternative to investing in stocks and shares, given that prices tend not to fluctuate as wildly in the scrap metal industry. Added to that is the ongoing possibility of liquidating your portfolio, pretty much at any time, which avoids the need to find a buyer for shares or other commodities, through selling to scrap recycling plants or other dealers. But how would one go about getting involved in the scrap metal market, and what steps could be taken to ensure your scrap experience is a profitable one?
Before even considering entering the scrap metal market, a fundamental consideration is whether or not you have the resources to invest. As a general rule, you should only invest what you could afford to lose in a market within which you have no experience or knowledge. This is the worst case scenario for most traders and although unlikely it’s always a good idea to plan conservatively to cover any eventuality to make sure you can afford to bail yourself out if needs be.
Secondly you should consider trying to pick up some knowledge of the marketplace and how it works. For this there is no substitute for reading about the marketplace, on the internet and in related journal publications. Reading will give you a better idea of what’s in demand and what isn’t, and how best to structure your scrap metal portfolio. Without doing your research into the way the market works, you could end up learning the hard way which could be financially very expensive if you are unable to shift your investments when it comes time to sell.
Another word of advice: diversify your investment portfolio across different types of scrap to begin with until you become more accustomed to which types of metal are valued at which price. By investing all your money in one material, you could more readily end up incurring losses on your input if that decision turns out to be a bad one. However, by spreading your investment across a range of different materials and ensuring constant appraisal of your portfolio inventory you can maximise your earning potential and stabilise your investment to effectively hedge your bets within the scrap commodity market.
Before getting too heavily involved in the scrap metal commodity market it is important to pay due consideration to each of the crucial elements mentioned above to ensure you both know what you’re doing and you don’t lose your money. Additionally, by taking these precautions you can help increase the likelihood of eventually selling your investment portfolio for a profit, making it all worthwhile. However you approach getting in to scrap metal investment, make sure you have a broad understanding of the market and thick skin before you proceed, to give you the best chance of succeeding in your investment endeavours.
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Day trading is the practice of buying and selling commodities over the course of one day to take into account fluctuations of prices over the course of trading. It can be practiced in all commodity markets, despite the fact it is most commonly associated with the trade of shares, and scrap metal is no exception to that. Generally speaking, the theory behind day trading is that by buying stocks early in the day and selling when prices start to rise, the trader can turn a quick profit and repeat the formula over and over again. But how exactly do you go about day trading in scrap metal, and how easy is it to realise a profit overall?
Before even considering getting involved in day trading you need to think about what you want to achieve and how want to get there. Are you looking to make a living out of day trading? It’s possible, but it will probably take time for you to learn the ropes, and it would certainly be unwise to give up your day job before you’ve got a proven track record of making money from your trade. Looking to make a bit of money on the side? Probably a more likely starting point for the beginner investor, and significantly more achievable initially than a full time goal. Secondly you need to consider how you want to go about trading – whether you want to learn as you go the various tips and techniques for improving profitability, or whether you’re prepared to dedicate time and effort to learning what goes on first in theory before putting your money on the line. Either way is just as practical, yet it may be better to ensure you know what you’re doing first off if you’re not prepared to lose any money.
One of the most critical considerations that beginner investors overlook is portfolio diversification. Nine times out of ten, the beginner will invest all his day’s money in one material in the hope of making a profit – sort of ‘all or bust’ thinking. However, by spreading your investment across a number of different metals you can spread the risk associated with losses on one type of metal, and increase the likelihood of a profit overall from your day’s trading in scrap metal. That’s the importance of diversification – don’t put all your eggs in one basket.
Day trading can be an exciting a fun hobby, yet it can also be a very profitable one if you take the time to find out what you need to know and learn from the rookie mistakes you will inevitably make. Don’t set your sights too high initially – just be prepared to get in there and turn a profit, with a view to building up some trading capital for making serious money later down the line with your scrap metal trading endeavours to supplement your current income or provide a steady revenue stream from full time or part time trading.
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