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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 superdobbson Jan 19, 2012 10:39pm
160 Views
Post# 19425085

RE: RE: RE: What's he doing?

RE: RE: RE: What's he doing?

I agree. There seems to be some suspicous undercurrents running about.

 

Granted all start-up producers have their growing pains, but typically these juniors work to maintain a steady stream of positive information. Restricting PRs might indicate things are not progressing as planned. I've also read Alaska is having a severe winter. Do you think FAU is facing some kind of slow down do to environmental conditions?

 

Also, I'm no expert on the financial tweakings of an insider, but buying, then selling at market for a loss looks bad.

 

A few years back, the CEO of EXS started selling before the "Big PR". Some board posters were like "actions speak louder than the Press Release". Check the chart for 2010, you'll see what they meant.

 


I want FAU to win big, but the warning lights are starting to flash.......

 

 

Bullboard Posts