You are right CUB & i for one fell for it.
Page 11 of the glossy sent out to shareholders on 19/02/2015.
Old Pirate
Indicated Resource 820,000 tonnes @ 8.5 gpt = 225,000 ounces
Inferred Resource 880,000 tonnes @ 14.7 gpt = 410,000 ounces
TOTAL 1,7000,000 tonnes @ 11.7 gpt = 640,000 ounces
High-Grade from surface to 250m Depth. & that's just from Old Pirate
Someone lied or i would like to think totally incompetent. He got his ambitions mixed up with his capabilities. Unfortunately taking a lot of people down with him.
Questions for ABM's management and BOD for May 9th meeting., page-8
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