Advice in the process of restoration

[Slimhunk]

Hello!

I just started restoring my first straight razor and i would love some advice in the process. Will i be able to get rid of the holes and black spots from the rust or do i have to stick with it and just polish up the rest of the razor? If you have any opinions on my methods so far I would love to have some advice.

1 picture, the knife itself



After "bread knifing" it with 60 grit sandpaper


Polished it up with autosol and 80 grit sandpaper


Current status, rough love with 120/180 grit sandpaper


Next step is to continue to polish it with finer and finer wet sandpaper. I find it difficult to reach the small hole where the blade starts and Im afraid i wont be able to get rid of the rust in the text on the knife or the holes/black spots on the blade.

I would really apreciate some help

Thanks!