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

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Comment by Tomkinson Oct 11, 2011 9:45am

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Post# 19136373

RE: FAU mentioned

I am sure that he did some research before buying in. One thing I seem to see is that FAU follows the trend of gold. It is delayed but when gold price trends down FAU seems to follow. Now gold I think has bottomed at least, on Sept 26 it hit and bounce off it's 200 day MA. Over the past couple of years when gold has done that it is followed by a few months of an uptrend. So if what has happen in the past is to repeat it's self, I think once gold it above 1700 and rising I believe FAU should follow.

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