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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 Zinc_Headon Oct 20, 2011 6:12pm
319 Views
Post# 19168424

RE: RE: RE: RE: Corporate Update

RE: RE: RE: RE: Corporate Update
Lets give the poor girl a break and really think about what is the big picture here folks.
This IR person isnt going to fix the financial problems in the Market and isnt going to have an effect whether the stock goes up or down. WE DO!!!!

All the foot work has been down for her if you think about it, is the company cashed up and in production, I would have to say YES.

Does the management know what they are doing, again another YES.(KIND of)

Is gold above 650 bucks? YES

Essentially she will be fielding calls and updating information and working a tradeshow booth so for 7000 a month is cheaper if you think about the people who arent there anymore. Director Spiros Cacos, Fern Tuner and Harry Barr.

However it was those 3 that really made the company and left it in the capable hands of the new and improved management. We hope!!!!

Now, now, now - I may sound like a cheerleader because I have invested and made some money on other Hary Barr Deals and so has many of the posters here. I am sure some of you are saying that its a different market and the stock is showing the effects of this crummy time and no amount of IR is going to fix this dreadful stock price. I say BS - The company was formed and listed during the WORST economical time where nobody in their right mind would think about doing an IPO!!! Except Harry Barr and Company were not your typical shop. So dont tell me the stock is down because its a crap market and gold is at an all time low. The stock is down because of lack of excitement and enthusiasm. (not sure if I spelt that right). Its a producing gold company in a strong gold market!!! Need I say more.

They also listed it and raised money on an exchange I never even heard of until they were ready to move to the TSX. So dont expect one IR person to make a difference when 3 of the core and key assets that got this company moving in the first place are no longer there. Harry is still there I am sure, but exporation is his game and his survival skills in a crummy market are second to none because he has seen all the ups and downs and knows when to raise some money.

I have spoke with other individuals in the IMG office and when my dear friend Wayne left I started talking with Fern Turner who was greener then kermit the frog but then turned into a mini Harry Barr and they let this kid walk!!!! (Anybody know where Spiros and Fern went??? Mr. President you may want to use the speed dial on your cellular phone and make some calls to the 3 Musketeers ASAP) Fast forward 6 plus years and now these guys have moved on and I am left with a room full of people who sound like they are reading a tella prompter. No offense Nina but you need to get a little perkier my friend and not sound like somebody kicked your puppy. Your confidence in the company reflects in your voice and it makes the rest of us jumpy.

So now we are back where we started,(0.33 cents) except we are ahead of the game in terms of production. So lets give our new girl a chance and let her do her thing and let management do theirs.

Sorry for the long message folks but right now all we have is time. 












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