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 JohnEStromJron Jan 03, 2012 5:06pm

457 Views

Post# 19366907

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

Sounds like the mess started when Barr was in charge. He might well be held accountable for this "shortfall" of ounces in the ground if he knew about it and didn't say anything. Same with the CFO who resigned or was replaced. My guess is that both of them did know - how couldn't they know - and perhaps that's why he stuck Goodwin with the company and beat a hasty retreat to the sunnier side of the street. Unfortunately a LOT of investors relied on the information and have lost a LOT of money. Including me! :/

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