If I were running MUX I wouldent hi grade the mines in the first half either..Why ? I would hi Grade the second half where the investors would assign a higher permium to the stock price ! and besides a mine is a wasting asset ..why mine increasing amounts to sell at lower prices a mine is a wasting asset .. Go all out in the second half when investors will assign a higher multiple to the stock price for earnings .. more bang for the BUCK !
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