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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

Post by grommeton Jun 07, 2002 1:12am
127 Views
Post# 5187211

undervalued!

undervalued!market cap is only 5.5m CDN on Globex - peanuts! The TNK hype machine has a market cap of almost 40m. in the current gold market the stock could justify .70 - .80 on the gold and the magnesium project is free and the diamond properties are an after thought. Also - it 's TSE not Vancouver - always a plus. Quebec plays are under followed - Globex will catch up. Great opportunity and relatively low risk at these levels.
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