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Message: AUGEN GOLD - management shambles?
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Feb 03, 2009 03:44AM

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Feb 03, 2009 04:16AM

Feb 08, 2009 08:00PM
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Feb 17, 2009 08:54AM

Feb 23, 2009 05:41AM
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Feb 27, 2009 06:55AM

got into this by way of their last flow thru. - seems we

are having a problem with the honchos in charge and wonder

whether we have similar crap as Aurelian management.

Augen Cap as majorshareholder seeking support to kick out

two directors. - Also it appears, somehow the funds raised by

the flow thru were spent 'somewhere" but eligible exploration..

- So you can expect CCRA action if you have used the flow thru on

your declaration; kind of fun

Questions:

1) how much did Augen Capital 'extract' from Augen Gold for

fees etc etc to drain the treasury

2) the issue of fiducary duties deserves to be raised with

respect to the entire Augen Gold board (and that includes the

Augen capital member)

3) to the legal experts: do we have a case of shareholder deception,

or possible fraud, failure of fiduciary duties --- at least as it

relates to those who were talked into buying the flow thrus?


Ciao

Tina

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