Ann: Buccaneer Higher Grade Zones Establish Growt, page-2

re: Ann: Buccaneer Higher Grade Zones Establi... Awesome and just what i was hoping for with Buccaneer. Looks like we can now in the longer term have a very decent sized open pit with grades of around 2-3 grams . Hopefully we will be able to get aprox 500 000 oz to a depth of around 220 m with very low strip ratios out of it. Then being bulk tonnage hopefully move underground and get some more of the higher grade 3-5 gram plus stuff. 3-5 grams sounds low for underground but thes grades can be profitable underground if your not having to develop through vast areas of barren rock. Think the market will have to atribute some decent value to buccaneer soon .
We have cash still +
We have low start up costs +
We already have quite a bit of infrastructure ( roads airstrip ect )+
We are well advanced in mining permits +
We have Trial mining soon of extremely high grade surface material soon to validate grades and hopefully some extra cash +
We have Golden hind which could be as close as ever getting to break into a gold vault that a modern miner could hope for to provide cash to fund ramping up our other projects and und exploration .
Then we still have those pesky other projects , Hyperion, kroda ect that actually look pretty good as well.
Abu looking very good and now looking not to be a one trick pony.