First Au Ltd V.FAU.H

RE: RE: JohnEStromJr

[Gaberlunzie]

I agree that FAU has tried to get the news out to shareholders. The mishap with the reserves was a first order clanger that appears to have been a mistake by someone who needs better supervision. The problem with all these published facts is their interpretation. The company is not required to publicize any interpretation, with good reason. You have to try to read between the lines. When Sprott's man examined the property, as I hope he did, he will have picked up a lot of 'vibes' that we'll never hear about, or he would have steered Sprott away. Pesumably they were positive vibes. At one time I ran down an ex-official from the previous operations. He told me neither he nor any of his co-workers had bought any FAU. This news, albeit hearsay, put me off. He backed up this news with a number of reasons, all based on interpretation, none of which is addressed by any of the 'facts' published by FAU.  I wish Goodwin luck in bringing this mine on stream but the risk element is extremely high even in what is after all a high risk industry.  Bringing mines on stream is never easy. This one looks particularly difficult. There are better investments around.