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 27, 2012 5:20pm

644 Views

Post# 19459684

Buy What Sprott Buys

BuyWhatSprottBuys, Not a bad idea - but keep in mind that Sprott's cost per share in Fire River is around
.066 per share for making the $7.5 million loan. We paid them $75,000 in cash and another $750,000 for a wad of Fire River shares. I think we would ALL [yes, girls, even me] would LOVE to buy Fire River shares for under
.07 per share. All of the animals in the barnyard are equal, just some is more equal than others. That's why they are filthy rich and we aren't.

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