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  1. #1

    How much Saronite to stockpile?

    Hi folks, first time poster here. I've only recently gotten into the AH game during the pre-Cata lull, but in 5 weeks I've managed to increase my cash on hand from 6k to 44k, while at the same time skilling up an enchanter, alchemist, tailor, and scribe to max. It's been a fun diversion during a time when not much else is going on.

    Anyway, my question: how much Saronite to stockpile? I'm expecting Northrend to become a ghost town after Cata hits, and Saronite to appreciate noticeably. I can still buy in bulk from farmers right now at 12g/stack, which is of course zero risk, but how much would/are you buying at that price? Thanks.

  2. #2
    Belzebutinov's Avatar
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    Simple answer: literally all you can. 20 = 10 , which are worth 12.5g at the NPC. So even assuming you can't find anyone to buy your saronite in the future, you can still smelt it and sell it to the NPC and net an 0.5g profit per stack of 20 ores, which is about a 4% net profit. The only question after that is: is it worth your time? Obviously, it's "free" gold, but only if you have nothing better to do with your time, in which case opportunity costs will make you lose money.

  3. #3
    Mornia's Avatar
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    I'm buying every last drop that I see at the right price - simple as that.

  4. #4
    Well if you need a number for reference...

    I,ve been stocking Saronite ores for months, of course anything lower than 12g per stack. So far i have around 1200 stacks.

    I'm still not so sure what will it be the best strategy to profit from them but, as mentioned before, the worst case scenario will be melting and vendor selling. Problem with that is the burden since i've already had my share with the milling on 1000's of herbs on my scriber :|

    Oh, one last issue, the bag space. Don't stock so heavy if you are struggling with that.

  5. #5
    Xalted's Avatar
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    Easy to find it very close to vendor price at the moment. I have about a tab, but probably going to triple the stock over the next week or so.
    "We make a living by what we get, we make a life by what we give." - Sir Winston Churchill

  6. #6
    Sykez's Avatar
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    I was buying it at vendor price (12g50), but after the patch dropped the lowest I've seen it is about 18-20g a stack
    I used to run a blog called Just Another Goblin

    I quit for 7 months, now I'm back. Hi...

  7. #7
    Thanks for the replies.

    Next question: when will you start unloading it? After a certain time has passed, or after it reaches X price point?

  8. #8
    Mornia's Avatar
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    I don't need to unload it as such because I bought it at the vendor price of saronite bars. I'll keep it until the profit is worthwhile. If the worst comes to the worst, I'll smelt it and sell it to a vendor. This is highly unlikely though as I'm very patient - I'll await my moment.

    I'm hoping for profits of (at least!) 100% on all my stockpiled goods, but this might be through prospecting the saronite or smelting it and transmuting it into titanium bars. There may even be a profitable blacksmithing use for it, but I doubt it. You never know.

 

 

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