Writer: Kevin Dwyer CEO,Head Trader October 11, 2024
Stock Chart Globex Mining Enterprises
Globex Mining Enterprises Inc. A Diversified Approach to Mining
This research aims to provide an overview of Globex Mining Enterprises Inc. The paper explores the company's diversified portfolio in the North American mining sector, development deposits, and business model, which involves partnering with other companies.
INTRODUCTION TO GLOBEX
GLOBEX MISSION: to increase shareholder value by acquiring mineral properties, exploring them, optioning or joint venturing them, developing them to production, or selling projects outright.
Since its public trading commencement in 1987, Globex Mining Enterprises Inc., a powerhouse in the mining industry listed on the Toronto, Frankfurt, and OTCQX International Exchanges, has been exemplary in a competitive industry. The strength of its unique business model is showcased through a diversified portfolio, such as the promising TTM development deposit. Currently, Globex flaunts an enviable position, boasting approximately $25 million in cash, vendable shares, and receivables on top of over 240 mineral property assets, including 92 royalties and substantial real estate holdings. Moreover, maintaining consistency for over 40 years, it has never consolidated shares, firmly holding its stand in the volatile market scenario. Such impressive credentials underscore the company's robust management and long-standing operational prowess.
Globex explores for its account and options many of its numerous projects to other companies that pay Globex cash, shares, and royalty and undertake extensive exploration to earn an interest in Globex's projects.
FULL DISCLOSURE
Mine$tockers Inc. and its partners have been GLOBEX stock buyers for several months.
CURRENT IMPORTANT RELEASES
ONE OF GLOBEX ROYALTY DEALS REPORTS ON DRILLING
Globex is pleased with Brunswick's progress and looks forward to the results of future drills and explorations.
Today, Brunswick reported (click here to access Brunswick Press Release) that they have completed their 2024 prospecting program and have started a 5,000-metre summer drill program. To date, Brunswick has completed 71 drill holes totalling more than 12,000 metres, delineating nine new-surface spodumene-bearing dykes with widths from 8 metres to approximately 20 metres.
For the latest news updates and more, please visit this link!
Important news from one of our partners: Globex earns a 2% Net Smelter Royalty
Radisson Mining Resources Inc., trading on the TSX Venture Exchange (RDS) and the OTCQB (RMRDF), has recently declared that assays are outstanding for 4,570 metres. These assays stem from nine drill holes completed on Trends 3 and 4 within the Kewagama Gold Mine territory, part of the overarching O'Brien Gold Mine Project. The Kewagama Gold Mine is subject to a 2% Net Smelter Royalty owned by Globex. The industry eagerly anticipates the assay results, depicted in the provided drill plan and longitudinal section, which promise to shed light on the extent of the resource on these trends.
Globex Mining Enterprises Inc. announces the commencement of Phase II drilling at the Mirage (Lac Escale) Project:
Brunswick Exploration Inc.'s Phase II drilling at the Mirage (Lac Escale) Project. Situated in Quebec's prominent Eeyou-Istchee James Bay region, the winter campaign eagerly anticipates the extension of established pegmatite dykes MR-1 through MR-6. Prospective outcrops previously unexplored by drilling will also undergo rigorous testing during this phase. The drill sites span 2.8 kilometres, aiming to assess the spodumene-rich pegmatite swarm fully. Early exploration yielded promising high-grade Li2O assays, fortifying expectations for the program's success.
News from many important GLOBEX Partners:
THE GLOBEX DIVERSIFIED PORTFOLIO
Globex Mining Enterprises Inc. boasts a diversified North American portfolio that spans over 200 projects. The company is involved in the exploration, development, and royalty of various types of minerals, including:
- Precious metals: Gold, Silver, Platinum, Palladium
- Base metals: Copper, Zinc, Lead, Nickel
- Specialty metals and minerals: Manganese, Titanium Oxide, Iron, Molybdenum, Lithium, Rare Earths, Antimony
- Industrial minerals and compounds: Mica, Silica, Apatite, Talc, Magnesite, Potassic Feldspar, Pyrophyllite
URANIUM ENDEAVORS
Globex Corporation boasts royalty ownership of sizable uranium plays in Quebec, for example, a royalty from an Australian-operated project. A notable Non 43-101 resource of 43 million pounds has been disclosed, with prospects for escalation in the vicinity of Johann Beetz.
Globex’s second substantial landholding features a drill-defined resource north and northeast of Sept Iles. Spanning approximately 20 kilometres, an extensive lake sediment anomaly suggests considerable uranium presence, hinting at a wealth of untapped mineral opportunities.
TTM DEVELOPMENT DEPOSIT
Located 13 kilometres south of Timmins, Ontario, Canada, Globex's TTM development Deposit: high-value bright white talc for plastics and other industries and magnesite potentially for refractory brick, wallboard and magnesium metal with a resource life projected to be more than 60 years. This long-term resource could potentially add significant value to the company's portfolio.
GLOBEX BUSINESS MODEL
The company adopts a unique business model where it explores its account and options for many of its projects to other companies. These partner companies pay Globex in cash, shares, and royalties while also undertaking extensive exploration to earn an interest in Globex’s projects. Unlock the Secrets to our Success: Click Here to View Our "Focus on Value" Presentation.
CONCLUSION
Globex Mining Enterprises Inc. presents a diversified and robust approach to mining, with a portfolio that spans various types of minerals and compounds. Its unique business model allows for strategic partnerships that benefit Globex and its partners. With over three decades of presence in the stock market and a resource-rich development deposit, the company is positioned for long-term growth and sustainability.
Globex confidently offers other companies the exclusive opportunity to explore its lucrative projects in exchange for cash, shares, royalty, and the privilege to earn a stake in the project.
Investment Disclosure
The content provided on this website and in Mine$tockers episodes is for informational purposes only and should not be considered as an offer, solicitation, recommendation, or determination by Mine$tockers Inc. for the sale of any financial product or service or the suitability of an investment strategy for any investor.
Investors are advised to consult a financial professional to determine the appropriateness of an investment strategy based on their objectives, financial situation, investment horizon, and individual needs. This information is not intended to serve as financial, tax, legal, accounting, or other professional advice, as such advice should always be tailored to individual circumstances.
The products discussed herein are not insured by any government agency and carry risks, including the potential loss of the principal amount invested. Any information provided is based on both internal and external sources and should not be construed as an endorsement or conclusion regarding a company's financial prospects, resources, or management. Opinions expressed may change and should not be relied upon. It is crucial to seek personalized investment advice for your unique situation.
Natural resources investments are generally volatile, with higher headline risk than other sectors. They tend to be more sensitive to economic data, political and regulatory events, and underlying commodity prices. The prices of natural resources investments are influenced by factors such as the costs of underlying commodities like oil, gas, metals, and coal. These investments may trade on various exchanges and experience price fluctuations due to short-term demand, supply, and investment flows.
Natural resource investments often respond more sensitively to global events and economic data, including natural disasters, political turmoil, pandemics, or the release of employment data.
Investing in foreign markets may carry greater risks than domestic markets, including political, currency, economic, and market risks. It is essential to evaluate if trading in low-priced and international securities is appropriate for your circumstances and financial resources. Past performance does not guarantee future results.
Mine$tockers Inc., its affiliates, family, friends, employees, associates, and others may hold positions in the securities it covers. Some of the companies covered may be paying clients of the production.
No investment process is risk-free, and profitability is not guaranteed; investors may lose their entire investment. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. Diversification does not ensure a profit or protect against loss. Investing in foreign securities involves risks not associated with domestic investments, such as currency fluctuations, political and economic instability, and differing accounting standards, potentially leading to greater share price volatility. The prices of small- and mid-cap company stocks generally experience higher volatility than large-company stocks and may involve higher risks. Smaller companies may lack the management expertise, financial resources, product diversification, and competitive strengths needed to withstand adverse economic conditions.
Studio
Toronto Ontario Canada