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Gold/Mining/Energy : Texas Rare Earth Resources Corp.

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From: morongobill6/3/2013 3:02:37 PM
   of 90
 
From Edgar: "

On May 27, 2013, Mr. John Tumazos resigned as a director and non-executive chairman of the board of the Corporation. Mr. Tumazos resigned from the board to dedicate more of his time to his own business and personal pursuits.

Mr. Tumazos has informed the board that while he was pleased at the metallurgical progress evident in the company’s press releases between March 20, 2013 and May 8, 2013, his resignation was due to his disagreement with certain policy decisions of the board regarding the operations of the Corporation and his belief that now is the appropriate time to sell the Corporation to a larger concern."

ih.advfn.com

There you go. Mr. Tumazos is gone and with him goes his big, fat rolodex chock full of Wall Street contacts.
No wonder the stock has tanked, I bet insiders are dumping too. Of course, considering how long it has taken for the Edgar bombshell to make it out to the mainstream financial media, the retail shareholders will probably be the only ones feeling any pain.

There is absolutely no mention of this on the major news media outlets(financial.)
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