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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 victor2009on Feb 16, 2012 3:32pm
217 Views
Post# 19545111

RE: Cash

RE: Cash

No surprise here. Junior Strom rushing up to hug anyone that comes up with some negative story on FAU. A few days ago FAU was a failure headed for insolvency. And he says he's a shareholder? Junior is no shareholder, he's just a bad loser.

 

Also no surprise that Junior feels qualified to offer legal advice. His grasp of the legal implications are on a par with his investment expertise. He's unqualified and shoots his mouth off without having the required facts. Swassy, Washington10 said he was a vendor - do you know from that whether he will be benefit from filing a Mechanic's Lien? He may have supplied toilet paper for the bunkhouses. As you know, enforcement of Mechanics' Liens is through a judicial foreclosure sale.  In that case, if his claim is accepted, are you suggesting Washington10 will share in proceeds from the sale of the Porta Johns or the Septic Tanks?  

 

By the way Jony, did the law professor at your University tell you that mechanic's liens rank a head of everything but the Feds?  What about employees?  And Washington10 mentioned he was a vendor of Mystery Creek - Junior, are you aware of the implications involved with a subsidiary based in Alaska and the parent company based in British Columbia.

 

Junior, your problem in thinking you know everything about everything, is that in reality you don't know enough to know how little you really know.  You're in such a damned hurry to cuddle up to anyone that may provide bashing fodder, that you reveal your arrogance and ignorance.  If Washington10's story is legitimate, you'd be doing him a much better service by suggesting he get expert legal advice, if the amount is significant.  That expert would require much more information than you have, before suggesting a course of action - and when it came time to suggest remedies, he would be much more qualified than some wannabee that thinks he knows everything about everything.

Bullboard Posts