Texas Rare Earth Resources Corp. is lead by a team of experts with extensive backgrounds in geology, mining, metallurgy, finance, military, and chemical and industrial processing.
John C. Tumazos, CFA, Chairman
John Tumazos was appointed as a director and will serve as non-executive chairman of the Company’s board. Mr. Tumazos’ career includes positions as senior vice president, steel equities analyst, Oppenheimer & Co., Inc.; vice president, metals equities analyst, Donaldson, Lufkin & Jenrette; and, senior vice president, metals and paper equities analyst, Prudential Financial. Mr. Tumazos provided valuation testimony to the Federal Supreme Court of Canada in the largest property damages case in Canadian history (1985), valuation in a large U.K. gold mine litigation, served the U.S. Department of Justice to enforce an antitrust divestiture in the steel industry, and has advised five other publicly traded companies in fairness opinions for mergers in the U.S. and Canada. In 2007, he formed John Tumazos Very Independent Research, LLC, focusing his investment research within the resource sector. He has served as a financial advisor to seven emerging mining companies, including TRER, and was instrumental in the Company obtaining financing in 2011. Mr. Tumazos holds a B.S. in management sciences and economics and an M.S. in industrial administration from Carnegie-Mellon University.
Daniel E. Gorski, Director
Daniel Gorski was appointed as chief executive officer as of July 2012 and has served as a director since January 2006, as well as chief operating officer until January 2012. Prior, Mr. Gorski served as the Company’s president and chief executive officer from January 2007 to May 2011. From July 2004 to January 2006, Mr. Gorski was the co-founder and vice president of operations for High Plains Uranium, Inc., a uranium exploration and development company that went public on the Toronto Stock Exchange in December 2005. Between June 1996 to May 2004, he served as an officer and director of Metalline Mining Co., a publicly traded mining and development company with holdings in the Sierra Mojada Mining District, Coahuila, Mexico. From January 1992 to June 1996, Mr. Gorski was the exploration geologist under contract to USMX Inc. and worked exclusively in Latin America. He earned a B.S. in 1960 from Sul Ross State College in Alpine, Texas, and an M.A. in 1970 from the University of Texas in Austin, Texas.
Philip Goodell, Ph.D., Director
Dr. Philip Goodell was appointed as a director to the Company as of July 2012, and he will serve on the Company’s corporate governance and nominating committee. He is currently an associate professor of geology at the University of Texas at El Paso (UTEP), where he has been in residence since 1975 and has successfully sponsored 26 M.S. and 19 Ph.D. candidates. In addition to his academic accomplishments, Dr. Goodell has wide-ranging experience in the mining industry and has consulted for St. Joe Minerals, Exxon Minerals, Chevron Minerals Corporation, Cameco Corp., MAG Silver Corp., and Energy Metals, Inc., among other companies. One of the theses sponsored by Dr. Goodell, authored by W. M. Shannon, contained much of the basic research on the Round Top area. Dr. Goodell holds a B.S. in solid state physics (1964) from Yale University and an M.S. in geology (1966) and a Ph.D. in geology (1970) from Harvard.
Anthony Marchese, Director
Anthony Marchese has served as a director since December 2009. Since May 2011, he has served as a Senior Vice-President with Axiom Capital Management, Inc., a New York City based FINRA member broker/dealer. Mr. Marchese also serves as the general partner and chief investment officer of the Insiders Trend Fund, LP, an investment partnership whose mandate is to invest in those public companies whose officers and/or directors have been active acquirers of their own stock. Mr. Marchese’s prior experience includes Monarch Capital Group, LLC (president and chief operating officer – 2003 to 2011), Laidlaw Equities (senior vice president – April 1997 to March 2002), Southcoast Capital (senior vice president – May 1988 to April 1997), Oppenheimer & Co., Inc. (limited partner – September 1982 to May 1988), Prudential-Bache (vice president – July 1981 to August 1982), and the General Motors Corporation (analyst – June 1980 to June 1981). Mr. Marchese served in the U.S. Army. He received an M.B.A. in finance from the University of Chicago.
Nicholas Pingitore, Ph.D., Director
Dr. Nicholas Pingitore was appointed as a director to the Company as of July 2012, and he will serve on the Company’s audit and corporate governance and nominating committees. Since 1977, he has held a full-time faculty appointment at UTEP. In addition to being a Texas Licensed Geoscientist, Dr. Pingitore is a member of several professional associations including the American Chemical Society, Geochemical Society, American Association for the Advancement of Science, American Geophysical Union, Materials Research Society, and Mineralogical Society of America. He has served for 25 years as director of UTEP’s electron microprobe laboratory. Since 2000, he has been project director of approximately $7,000,000 in research funding and a co-investigator on another $10,000,000 in grants. He has established a record for successfully managing and completing large institutional projects. Dr. Pingitore holds an A.B. degree from Columbia College (1965) and an Sc.M. (1968) and a Ph.D. in geology (1973) from Brown University.
Mr. Cecil Wall was appointed as a director to the Company, and he will serve on the Company’s audit and compensation committees. In 1969, he acquired control of a publicly traded company, Altex Oil Co. (formerly known as Mountain Valley Uranium). Under Mr. Wall’s leadership, Altex established a 20,000-acre position in what became the Greater Altamont Field at Altamont, Utah. Mr. Wall sold his interest in Altex in 1985. Mr. Wall was part of the founding group for the 2007 reorganization of Standard Silver Corp., which became Texas Rare Earth Resources. He sat on the Company’s board of directors and served as the secretary and treasurer from January 2004 to April 2012. He is currently the manager for C-Wall Investment Company, LLC, in Utah. In addition, he is the president of several family-owned private companies. Mr. Wall attended Carbon County College and Utah State University.
James R. Wolfe, Ph.D., Director
Mr. James Wolfe was appointed as a director to the Company, and he will serve on the Company’s compensation and corporate governance and nominating committees. As co-founder of Pacific Materials Resources, Inc. (PMR), Mr. Wolfe was among the pioneers of the China-U.S. rare earth industry and trade. As vice president of PMR from 1995 to 2010, Mr. Wolfe interfaced between the major rare earth producers in China and a broad spectrum of rare earth U.S. consumers. Prior to founding PMR, he was President of MPV Lanthanides, Inc., a rare earth joint venture between China Metallurgical Import/Export of Inner Mongolia and U.S. interests. From 1979 to 1995, Mr. Wolfe’s professional interests centered on resource recovery from industrial and mining wastes. He served as a consultant to the steel industry, co-founded Exmet Corporation (zinc from smelter dust), and served as executive vice president of Williams Strategic Metals, Inc., and its predecessor, Nedlog Technology Group, Inc. Mr. Wolfe developed and implemented projects for the recovery of cobalt from slags, indium from smelter dusts, and rare earths from mine tailings. In 1970, while he was employed by the Lawrence Livermore Laboratory, Mr. Wolfe invented and patented a plasma method for producing ultra-fine refractory metal carbides. He co-founded Cal-Met Industries, Inc., in 1973 to commercialize the plasma technology. Mr. Wolfe received a B.S. and an M.S. in metallurgical engineering from the University of Washington and a Ph.D. (1968) from the University of Missouri-Rolla.