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Globex Mining Enterprises Inc. T.GMX

Alternate Symbol(s):  GLBXF

Globex Mining Enterprises Inc. is a Canada-based company, which is focused exploration and development property bank which operates under the project generator business model. The Company's mineral portfolio consists of exploration, development and royalty properties which contain base metals (copper, nickel, zinc, lead), precious metals (gold, silver, platinum, palladium), specialty metals and minerals (manganese, vanadium, titanium dioxide, iron, molybdenum, lithium, cobalt, scandium, antimony, rare earths and associated elements) and Industrial Minerals (mica, silica, potassic feldspar, pyrophyllite, kaolin, dolomite as well as talc and magnesite). Its properties consist of Timmins Talc-Magnesite, Laguerre-Knutson, Courville, Beauchastel - Rouyn, Cavalier, Great Plains (Clermont), Joutel, Red Star Project, Rouyn-Merger, Ruisseau Marriott, Sheen Lake Property, Shortt Lake Mine, Smith-Zulapa-Vianor, Salt Spring property, Eldrich Gold Mine, Porcupine West Property, and others.


TSX:GMX - Post by User

Comment by letsgetreadyon Jul 25, 2017 9:19am
192 Views
Post# 26505027

RE:Globex Receives First Royalty Payment from Mid Tennessee Roy

RE:Globex Receives First Royalty Payment from Mid Tennessee Royif they are getting $2.4 million per annum now (potentially more if production increases as GMX noted it was higher in the past), then this royalty is worth a minimum $24 million WHICH IS GMXs ENTIRE MARKET CAP...THERE'S NO VALUE GIVE FOR ANY OTHER ASSET. way undervalued..it has some very nice assets.
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