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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 Feb 27, 2012 2:56pm
176 Views
Post# 19592919

FastTrade aka Turdblossom3 opines...

FastTrade aka Turdblossom3 opines...

Yes, turdblossom3, it's called Cyanide in Leach.  And YES it can and often does take that long to get the circuit operating at peak performance. Go back and do what you do best - trading.  The good news is that we will SEE how long it takes. Oh, wait.  Goodwin is no longer going to give updates.  The way for real investors to protect yourselves is to call Nina La Fleur and ASK her if the CIL circuit is running at peak. Then call her the following week and then the following week until you see a NR that it IS running at peak. Do NOT trust Richard Goodwin - this guy is not the sharpest knife in the drawer.  And be wary of that first installment due the end of May. If they do not make it the bottom WILL drop out of this stock [it'll drop beforehand as the insiders will be dumping] and you will be left hung out to dry.   Do NOT trust this company and do not trust the handful on this thread - including sclarada, victor2009, inspectorX, FastTrade and one or two others.  Remember, they are most likely out of that $7.5 million Sprott money so how are they paying the bills? 

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