FS,after I spoke my mind the other day and received a little 3...

FS,
after I spoke my mind the other day and received a little 3 day slap on the wrist, I decided to add sowat to my ignor list, first time I have had to do this, at first I thought he would be lonely, but then I remembered he always referred to himself in the third person, so I guess he can talk to himself and keep himself company.

Now onto the important things, I haven't followed a lot of mining stocks before, am I correct in thinking that if the Fe content is around 55% to 60%, then over half of what is dug up and processed is productive, is it profitable to mine at these percentages, it sounds like a good ratio to me, but is it on par or better or worse than other mines.