TICKER: TSX: GMX; PK: GLBXF
DESCRIPTION: Globex is a diversified (gold, silver, copper, zinc, magnesium, uranium, rare earth, nickel) exploration company focused in North America. It owns over 70 projects principally in Quebec and Ontario. Globex advances its projects through options, which provide Globex with income and exploration expenditures while limiting dilution. WEBSITE: http://www.globexmining.com
The information below is based on the most recent information we have
received from analysts and the companies participating in The Gold Report.
We encourage you to visit the company's web site for updates.
"After the run from $C.50 to $C7 in 2006, the price of this conglomerate, Globex Mining, (TSX: GMX; 84 Projects) came back to $C3.20. With an outstanding magnesium project, which is, in my opinion, worth much more than Globex's current market cap, this is a good buy for value investors." (5/9/08)