Globex Mining Enterprises acquires Quebec property Globex Update:
Acquisitions (Antimony, Gold, Pyrophyllite, Rare Earths)
Options and Sales, Exploration, Royalty
Lengthy update here -
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aGMX-2266368&symbol=GMX®ion=C
A quick quote on Zn royalty revenue:
At Globex's zinc royalty property in Tennessee operated by Nyrstar, production continues unabated. As the zinc price has remained over US$0.90 per pound, Globex continues to receive monthly royalty payments. As payments are in US funds and the Canadian dollar has fallen 20 per cent against the US dollar, Globex receives 20 per cent more in Canadian dollars. Royalty revenue from the Tennessee mine in 2014 was over one million dollars.