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Message: COMMENTARY - ProspectingJournal.c... – December 7, 2010

Here is the article about Augen dated Dec 07/2010.......

Augen Gold Corp.
If you like the prospect of Trelawney, but feel like you've entered the game too late when TRR is trading at $3, Augen Gold [GLD – TSX.V] could be at the right stage for you. Sitting at an affordable sub $0.50 level, Augen has plenty of upside, as long as its 13-hole drilling program that it announced the commencement of today yields Trelawney-like results. Augen is sitting near the Trelawney Cote Lake project with its South Swayze property which resides in the vicinity of West Cote Lake. It may be riding on the coattails of TRR's good news, but why not? They have the money to develop it, and we don't mind waiting to see if their comparisons to TRR's Chester Project are accurate.


Since then...

Trelawney has been drilling around Cote Lake and has been coming up with some good results lately.

Augen is currently doing a planned 18 hole drill program and it is very close to the border where these numbers have been coming from.

......RL.


.

.......RL

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