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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 Jan 03, 2012 12:55pm
315 Views
Post# 19365987

RE: RE: LOL but in a not good head shaking way.

RE: RE: LOL but in a not good head shaking way.

FastTrade,  you need to re-read that latest NR.   You are way off and for Fire River to count as Indicated and Inferred ore they had already excavated and processed is at the least incredibly sloppy and at the worst criminal if intentionally done.  Either way the company led investors to believe there was a LOT more gold ready to mine than there is.  How do you say "class action lawsuit"?  It does not matter if the screwup was intentional or accidental with regard to the company's liability.  This company is run very poorly and the buck stops at Goodwin's desk. 

Bullboard Posts