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.

OTCPK:FRSAF - Post by User

First Au Ltd

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Comment by thebakeron Jan 08, 2013 11:07pm

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Post# 20813221

RE: RE: breaking out......

Bullbar, a chart records what has happened. It does not know what will happen. You can read the charts and you can make a guess as to what will happen. You may be right, you may be wrong. You say a chart can be manipulated. A chart tells you what has happened, as you have stated. If someone does something to change things, then things have changed. Keep guessing. As far as insiders postitoning themselves, this is a possibility, but they are taking a big chance. In most cases they are already in a good position because they believe in what they are working with, or not. That is why you find directors with a strong position in a company. They believe in what they are doing. Many people live by the chart, but they also die by the chart.

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