Speculation, page-75

Whilst I'm feeling nostalgic:
SouthGobi former CEO claims $1m in damages


2ND JULY 2015

BY: MEGAN VAN WYNGAARDT


JOHANNESBURG (miningweekly.com) – Dual-listed SouthGobi Resources’ former president and CEO Alexander Molyneuxserved the Mongolia-focused metallurgical and thermal coal miner with a notice of civil claim, filed in the British Columbia Supreme Court, it said on Thursday.
The claim related to alleged breaches of Molyneux's employment agreement by the company. In addition to the company, Turquoise Hill Resources, SouthGobi’s largest shareholder at the time of Molyneux's employment, was also named in the claim.
Molyneux acted as the company's president, from April 2009, and CEO, from October 2009, until September 2012, when the company terminated his employment.
This was a week after Aluminium Corp of China dropped a $926-million bid for the company that strained its relationship with the Mongolian government. SouthGobi, which was listed in Toronto and Hong Kong, did not give any reason for the termination of Molyneux’s services.


http://www.siskinds.com/wp-content/uploads/SouthGobi-Reasons.pdf

And then there's Blumont
Former commodities broker and Vietnam vet John Tsitrian skewers Azarga Uranium chairman Alex Molyneux over his recent prediction that the price of uranium will double. Molyneux, a former investment banker who formed his first uranium company, Azarga Resources, just over two years ago, has been attempting to position himself as an expert on the uranium market. Unfortunately, his bullish and self-serving pronouncements are not shared by many experienced observers. Molyneux does appear to be adept at lining up interviews with news outlets and industry bloggers as he attempts to promote Azarga/Powertech to investors.

"Azarga...it means stallion. So it's a very strong name. When you buy Azarga, it will move in one direction...please buy this stock, PWE, listed on the main board of the Toronto Stock Exchange."
Excerpts from a March 2014 presentation by Alex Molyneux, chairman of privately-held Hong Kong firm Azarga Resources Limited, given at the Mines and Money conference in Hong Kong. Molyneux was pitching Powertech stock and promoting a proposed reverse takeover of Powertech Uranium Corp. to form a new public company, Azarga Uranium Corp. At the time, Powertech's stock price was 7 to 8 cents a share (Canadian dollars). As of October 30, 2014, the stock is down to 3.5 cents.
PRELIMINARY ASSESSMENT REPORT Regarding the DARROW/FREEZEOUT/TRIANGLE URANIUM MINE SITE NEAR EDGEMONT, SOUTH DAKOTA - EPA ID: SDN000803095 - Prepared By SEAGULL ENVIRONMENTAL TECHNOLOGIES, INC. - September 24, 2014 (PDF 10,425 KB, 75 pages)
"Powertech Uranium Sure Knows How To Pick 'Em When It Goes Looking For Financial Backing" by John Tsitrian, theconstantcommoner.blogspot.com - October 11, 2014
Blogger John Tsitrian delves deeper into Powertech's shaky financial position and the controversial Singaporean firm, Blumont Group, that may soon control Powertech's merger partner Azarga Resources and, as a result, control the proposed Dewey-Burdock project. Blumont officials are being criminally investigated by Singapore authorities for possible involvement in an extensive stock price manipulation scheme that resulted in a spectacular crash on October 4, 2013 causing billions in losses and seriously damaging the reputation of the Singapore Stock Exchange.