high grade buccaneer drill results, page-4

Well you never know. I think, as chuk pointed out, a strong close above 0.041 on good volumes would be a positive sign. Spot gold continues to improve too.

Oddly, the buy:sell for ABU has looked good for ages but the price hasn't kicked off. Yet.

I think this is an interesting announcement in that it mixes two separate strands: the Buccaneer results have a "toe in the water" feel about them. For what looks like a first stab though, they're pretty good. Also interesting is the stuff about the potential for an Old Pirate upgrade. So you can really see the short term stuff (OP) and the medium-long term stuff (Bucc) making progress.

But the most important line was the reminder: 26m in the bank.

It's quite possible, if the POG takes off, that ABU will take off on the back of good exploration results by themselves. But the first whiff of production would do wonders, I think.