RE:Method The earnings report was what I expected. We knew we were processing more lower grade material this quarter and that would mean higher costs, lower recoveries and lower production.
Yes, I think there is reason for optimism. By Q4 we should be 50-50 LC and the stockpile, which will increase grades, increase recoveries and increase production with lower costs.
Yes, selling at higher prices and buying at lower prices is a sensible strategy especially when the buyer has to buy and the seller has to sell. Akiba sold such a tiny part of his position, it makes little sense to use that as a signal. The signal the ETF was buying and didn't care what the price was. That was well telegraphed but ignored by you because you think the market is efficient.
Good luck to you too.