RE: Investors Digest features Vulcan MineralsHi LindaRT;
It is my undersanding that Vulcan's recent Private Placement was taken down largely by insiders who
control the company, and that the opportunity was provided to Augen to participate as well.
Personally, I see the participation by Augen , or by Mr. Mason, if that be the case, to be a
tremendous vote of confidence in Vulcan and its prospects in a long term context. It is worthwhile to
mention that there is a one year hold period on this placement, so it will not be a pump and dump
situation for anybody.Remember, Vulcan is committed to drilling its Flat Bay permit in early 2001, and
if Augen had a short term "pump and dump agenda" with Vulcan , I personally feel that they would
not want to be" locked in" beyond that point.It's a good bet that Augen views its partnership with
Vulcan as a long term investment with exceptional blue-sky potentia.l
I know of a number of junior companies,in fact I am a shareholder in several, that would love to
garner the attention of an investment holding company/merchant bank like Augen Capital Corp. to
finance its projects....equity financing is not easy to come by in todays market.
Augen's management appear to be a very seasoned group of professionals, and , I consider it to be a
tremendous achievement to "have them play on our team".
Here is a link to Augen's management:
https://www.augencc.com/david.html
https://www.augencc.com/baldry.html
https://www.augencc.com/barr.html
https://www.augencc.com/agar.html
Regards,
Len(long term shareholder)