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First Au Ltd V.FAU.H


Primary Symbol: FRSAF

First AU Limited is an Australia-based advanced gold and base metals exploration company. The principal activity of the Company is exploration for gold and other metals in its interests in mining tenements located in Western Australia and Victoria. It is engaged in pursuing exploration programs at its Victorian Goldfields Project in East Gippsland and its 100% owned Gimlet Gold project near Kalgoorlie. The Victorian Gold Project is located in the Gippsland region, which is in the historic mining area of Swifts Creek and is focused on the Haunted Stream and Snowstorm Projects. The flagship Haunted Stream Project is located in East Gippsland Victoria (340 kilometers (km) South East of Melbourne). The Company’s Gimlet Gold Project is located approximately 15 km northwest of Kalgoorlie, Western Australia EL26/174 and application M26/849 -9.6 square kilometers. The Snowstorm Prospect is located within the historic Swifts Creek Goldfields in the East Gippsland region.


OTCPK:FRSAF - Post by User

Bullboard Posts
Comment by JohnEStromJron Jan 19, 2012 12:49pm
135 Views
Post# 19422374

RE: RE: RE: RE: RE: Completion of CIL will be comm

RE: RE: RE: RE: RE: Completion of CIL will be comm

sclarda,

 

How is my  being critical of Fire River's decision to NOT give shareholders information a sign of my not taking responsibility.  And to be precise I'm not panicking. I'm pissed off.  Now if you and your buddies don't like my posts I have a suggestion - put me on ignore. 

As I suspected YOU have still not answered my question. How do we do due diligence on this or any other company unless we have information?  Answer the question and end your childish ad hominum attacks.  We live or die by information and Richard Goodwin's decision is not in the interests of any shareholder - unless some are privy to insider information.

As to the company,  they're supposed to be producing 50,000 ounces per year.  They aren't even close.  That's over 4,000 ounces per month which would be over $6.5 per month not including copper credits.  They are shipping [or suppose to be shipping 24 bags of concentrate per month.  Are they?   And several bars of dore to the refiner. Are they?  We don't know. Have they resolved the issue with arsenic? We don't know.  Why, if they're producing did they need to borrow ALL of that money - for which ALL of Fire River's assets have been pledged?  If you can't add anything productive then don't respond to my posts. That said, if you want to continue your attacks on me then I'm happy to engage you.  Let me know

 

 

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