I think that ABU has every intention of mining Buccaneer, but maybe a long way down the track.
I read somewhere that Darren was considering the possibility of mixing the low grade Buccaneer ore with other higher grade ore obtained elsewhere, to make this a profitable operation. This option becomes much more viable, if and when, the POG approaches US$2000 again.
A 2.5km to 3km Old Pirate open pit does sound very promising, hope it comes to fruition!
Cheers
Go ABU!
Go Warwick Grigor, you are the man!
"Warwick Grigor of Canaccord has been recommending this stock for a while now and I don't think that they pull figures like 2.5km to 3km out of a hat!"
ABU Price at posting:
2.8¢ Sentiment: LT Buy Disclosure: Held
