Tag: Lac Fortune Gold Mine
-
Globex Mining (GMX.T) sells Tarmac Gold Property to Wesdome (WDO.T) after 41.2 grams/tonne gold over 51.1 metres hit at the Kiena Mine Complex
On July 12, 2021 Globex Mining (GMX.T) agreed to sell its Tarmac Gold Property in Quebec to Wesdome Gold Mines (WDO.T) for a million dollars plus a 1% Gross Metal Royalty. “With a total of 192 properties in the Globex project pipeline, 96 of which are prospective for precious metals, 60 for base and polymetallic…
-
Globex Mining’s (GMX.T) optioned German silver project advances
Identifying Globex Mining’s (GMX.T) “lead asset” is like trying determine Dave Chapelle’s “funniest joke”. There’s an ocean of material to wade through, and likely no consensus at the end of the process. “With a total of 192 properties in the Globex project pipeline, 96 of which are prospective for precious metals, 60 for base and…
-
How Jack Stoch CEO of Globex Mining (GMX.T) is absolutely crushing it
Globex Mining (GMX.T) has invested in a matrix of mineral properties. Over the last 12 months, many of them have appreciated sharply in value. Globex’s CEO is a man named Jack Stoch. As Tom Cruise is to action movies – Stoch is to mineral resources. A consummate pro, Stoch reliably avoids duds – while generating…
-
Globex Mining (GMX.T) monetizes assets adding to its cash horde + Giustra challenges Saylor to a Gold vs Bitcoin debate + Gold’s repeated attempts to put resistance in its rear view
Recent volatility has many questioning the validity of holding gold in one’s portfolio in this era of global economic uncertainty and unbridled currency debasement. After carving out historic highs last summer in spectacular form (top blue line, chart below)… … the precious metal, failing to sustain the momentum required to decare GAME ON in this…
-
Globex (GMX.T) poised for a re-rating—offers shareholder update on its extensive project portfolio
Globex Mining Enterprises Inc. (GMX.T) is an anomaly in the junior exploration arena. It’s been around for ages—decades. It has a mere 55 million shares outstanding (57.69 fully diluted) and there’s never been a roll back. That’s a remarkable feat in this capital intensive sector where PPs rain down like hailstones amid a high-summer prairie…