copper equivalents

I dont nor will ever hold, just an opinion for those in with these guys about copper equivalents that include IRON, that should be a scary thing for investors as I am aware no otheroperation includes waste in a minable reserve. To me it is an indication that the very low grade and small widths just do not stack up to mine. Hence the jump to a 100Kt operation.. You wonder why the Sp drops, think about the waste ie 1t of copper makes +100t of waste (ie tails) not to mention the assoc waste from mining. Just DYOR as their SP is telling you what savvy people think, there is more to a mine than just the rampers. Best of luck to all