I figured it out. Just in case anyone has the same problem here is the solution:
The device is /dev/sda
so I had to create a directory in mnt called "floppy"
I edited the fstab to appear as this
/dev/sda /mnt/floppy msdos auto,noauto,owner,rw 0 0
This appears to be working fine. If anyone has any input on this please let me know.