First Au Ltd V.FAU.H

Primary Symbol: FRSAF

Metals & Mining Industrial Metals & Minerals

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.

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First Au Ltd

Bullboard Posts

Post by gldblvon Jul 12, 2011 10:46pm

371 Views

Post# 18825482

Production

I think that finnaly FAU is starting to be looked at as an early producing mine rather than just exploration company. Up to now other that small delay, things are going extremelly well. Actually drill results have been coming in much higher than expected.

If FAU management achieve even only 80% of expectations, SP will more than tripple. Less than 12 months to get this answer. But as we move in and things are done as expected it removes uncertainity and will show in the SP.

Gold move today was extremelly bulish. FAU was one of the gold companies that received good ammount of the cash waiting on the sidelines. I expect this move to continue in the next few weeks.

GLTA

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?