" Old Pirate has the potential to host a continuous open pit of 2.5 – 3.0 km of high grade narrow vein mineralisation.
Warwick Grigor of Canaccord has been recommending this stock for a while now and I don't think they pull figures like 2.5 to 3kl out of a hat. This figure would of been arrived at with careful consultation with Geo's and others on site.
Who knows, if the lower grade of Buccaneer proves viable to mine then this could be quite a hole if they run into each other.( I can dream can't I)
broker note, page-5
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