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 20, 2012 1:39pm

216 Views

Post# 19427724

RE: RE: RE: RE: Completion of CIL will be

planetnet,

You're right! You can bet your eye teeth that Sprott, for example, knows the status of the CIL circuit and how much dore and concentrate Fire River is producing and shipping.

As for insider trading, that is usually where an officer or director of a corporation divulges information to another person that is not available to the public and that person uses the information to buy or sell a security. I doubt a miner would be considered an insider unless privy to assays and other information not available to us.

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