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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 21, 2012 3:51pm
231 Views
Post# 19431504

RE: RE: sclarda

RE: RE: sclarda

sclarda, 

 

Here are your own words.  Doesn't sound like you did much DD but merely relied on the PR put out by Goodwin and the fact Sprott made a loan to the company.  Am I missing something?

 

"The fact is that it is sometimes it is hard to do due dilligence on these juniors as they have not been around along enough time and there is not that much information about them. Not that someone like you would be able to properly analyze the information if we had it. 

All you can do is look at each situation and take an educated guess as to how the company will do.

When i saw the very rich gold ore, the complete mine bought for a very small part of the replacement cost, the major investor such as Sprott putting a lot of money into this company i decided to take a chance and am still holding."

 

In short, you took a flyer.  That said, it's your money - please yourself. 

 

I would suggest you get rid of the ad hominum attacks on me. They only make you look childish and small.  I discuss information about Fire River - which is why we are here.  YOU make personal attacks on  me and those you disagree with.  Quit  attacking those you disagree with and refute their arguments if you disagree. THAT is what a man does. 

Bullboard Posts