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Tim Horlick – Questions on share dealing, Pathfinder and Grandover

Tom Winnifrith
Sunday 19 January 2014

Tim Horlick is a City financier but is perhaps as well known for being the ex husband of the self proclaimed “superwoman”, come PR obsessive and supporter (with other folks cash) of Bernie Madoff, Nicola Horlick. But having had my sport with Nicky I now turn to Timmy and put to him a few questions regarding AIM listed Pathfinder Minerals (PFP).

I fired my questions over by email to Timmy who was reluctant to answer. However I soon found myself in a lengthy dialogue with his PR man Damian McCrystal, who is a good and clever chap and was the best ever City Diarist when at the Daily Telegraph, before he turned to the “dark side of spinning. And so off we go.

Q1. Why did Tim and his cousin Richard sell their shares in Pathfinder on 20th October 2011?

A. McCrystal stated that in the summer of 2011 the Horlicks has worked with Pathfinder board member General Veloso to remove the other members of the Pathfinder board as they had no faith in them. When this failed the Horlick’s ceased to work alongside General Veloso and simply decided to sell. I was initially told that Tim and Richard agreed to sell at the wedding of the latter on 19th September, that Tim sold at once but that due to a honeymoon, etc Richard had sold much later.

However,

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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