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Bullboard - Stock Discussion Forum Austin Resources Ltd V.AUT.H

Austin Resources Ltd. is a Canada-based mineral exploration and development company. The Company holds no mineral properties. It has a 1% net smelter royalty in the mineral exploration properties in Chile held by Minera Azul Ventures Limitada, the Company's Chilean subsidiary. The Company has no profitable operations.

TSXV:AUT.H - Post Discussion

Austin Resources Ltd > This is Our Crew
View:
Post by RedRose65 on Apr 19, 2017 3:56pm

This is Our Crew

From Reuters...... https://www.reuters.com/finance/stocks/companyOfficers?symbol=AUT.V

I spoke with a local financial officer this morning in Toronto and he told me he knows nothing about the company, just numbers. I've placed a call to Tony Wollacutt, their local legal council and director, who manages the listing with TSXV and other related matters. He has not called me back yet. He's a lawyer, so what do you expect..

The rest are in China, and not approachable. That does not make them out to be suspicious, but they are Chinese and they are used to handling themselves in a manner that is not what we would expect from a public company. For example, there is no IR.

Try doing some DD on Guilin International Company Limited or China Nonferrous Metal Guilin Research Institute of Geology for Mineral Resources or Guilin Investment Company Limited. Its almost impossible. I suspect they are State owned businesses... all the big interantional groups there are just that. This does not make them suspicious, just that they don't fit into our model of what a semi-transparaent public company might be.

Perhaps this is al better than having to listen to a Canadian CEO lie to you bald faced over the telephone.

I suspect though, given my own personal experiences with having done business with banks and the like and lived in China, that these people are here on behalf of the Middle Kingdom to get something done, and will have the resopurces to do it. When I talk with my financiers in China about getting behind projects the constant reminder is: "They take a very long time to make up their minds, but when they do, stand back"

This group has been looking at these properties for a very long time.


Zhi Lyu

  Mr. Zhi Lyu is Chairman of the Board of the Company. He was Director of the company. Mr. Lyu is currently the President of China Nonferrous Metal Guilin Research Institute of Geology for Mineral Resources. Mr. Lyu holds a Ph.D. of Engineering, and has more than 30 years of experience as a high-level executive in the mineral and mineral exploration industry. Mr. Lyu has been responsible for assembling and managing several professional teams in China, Canada, Australia, and Africa over his career.

Weimin Fu

Mr. Weimin Fu is President of Austin Resources Ltd. Mr. Fu is a professional geologist in Ordre des geologues du Quebec, with over 20 years of experience in mineral exploration and related business development in China and Canada. For the past 10 years, he has worked for several public companies listed on the Toronto Stock Exchange and the TSX Venture Exchange, including APAC Minerals Inc., Golden China Resources Corp. and Red Dragon Resources Corp.

Zhigang Xie

Mr. Zhigang Xie is Chief Executive Officer of Austin Resources Ltd. Mr. Xie is currently the deputy president of China Nonferrous Metal Guilin Research Institute of Geology for Mineral Resources. Mr. Xie holds a bachelor degree of powder metallurgy, and now is a PhD candidate of materials science, and has more than 20 years of experience as a high-level executive in the metallurgy and mining industry.

Jing Peng

Mr. Jing Peng has been appointed as Chief Financial Officer of the Company. Mr. Peng is a Canadian Chartered Professional Accountant. He has worked in public accounting for the past nine years providing financial services primarily to junior exploration companies. Mr. Peng has been the CFO of NWT Uranium Corp., a TSXV-listed company, since March 2014. In addition, since December 2010, Mr. Peng has been the senior financial analyst at Marrelli Support Services, a well-respected supplier of accounting and reporting services. Prior thereto, Mr. Peng was a senior accountant at MSCM LLP from June 2009 - December 2010 and at KPMG LLP January 2007 - June 2009. Mr. Peng holds a Master's degree in Management and Professional Accounting from Rotman School of Management, University of Toronto.
 

Li Feng

Mr. Li Feng is the Director of the company. Mr. Feng has a proven management track record and over 20 years of experience managing asset management firms in the financial industry. Currently Mr. Feng works with Guilin Investment Company Limited and is a member of the Finance Advisory Board of Qianhai District of Shenzhen, China. Previously, Mr. Feng held several domestic and international management positions, including Forbes and Manhattan, Inc., Royal Bank of Canada and Invesco Trimark. Mr. Feng had a long and successful career in Canada, where he served in various management positions for management, consulting and alliance development firms. Mr. Feng has a deep understanding of asset management and is well connected in the North American and Asian financial and asset management communities. Mr. Feng holds a Bachelor of Arts and has completed the Canadian Securities Course.
   
   

Tony Wonnacott

Mr. Tony Wonnacott serves as Independent Director Azul Ventures Inc. (formerly Himalayan Capital Corp.), since January 2012. Mr. Wonnacott is a corporate securities lawyer in Toronto, Ontario with over 15 years’ of experience. He is a member of the Law Society of Upper Canada and holds a B.Comm. (cm laude) from Saint Mary’s University and an LL.B. from Dalhousie University. He began his career working at a Toronto law firm in the banking and securities field before moving to work as a legal consultant to a number of companies, primarily in the mining and resource industry. Mr. Wonnacott has previously served as a consultant, officer and director of several publicly traded companies in the natural resource industry.
Comment by hawkeye77 on Apr 19, 2017 4:24pm
This post has been removed in accordance with Community Policy
Comment by RedRose65 on Apr 19, 2017 4:31pm
WhenI talked with him just now about the major transactions coming down the pipe End of Month, I said it could be acquisitions and he didn't deny it. RR
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