Le coin des prospecteurs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Le coin des prospecteurs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: 31Floors	2/29/2012 10:36:44 AM
	Read Replies (1) of 39697

Check out Globex GMX at pdac, which is outstanding value. Jack Stoch has run this operation for almost 30 years, and owns over 100 properties (many with 43-101s, plus 16 royalty props). Issued 41 NRs in 2011 including a good one with RIC. Just 4 geologists and 1 accountant, this co. Runs mainly on royalty and optioning out income such as $4m expected this coming year. It's impressive that they have under 25m shares out FD and trades under $30m basic, and incedibly NO share rollbacks in all this time. I own not only because of the very obvious value and discount from old $6 levels, and yet this has much better fundamentals now than ever before, but because they have a new strategy to spin out companies to finally reward shareholders. One subsidiary that contains 7 former gold mines will IPO this year to the benefit of shareholders, 2 more need to be read about: Message 27971213 Anyway, jack is a very engaging and nice gentleman so stop by and look him in the eye and ask the hard questions as I did in January. :)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next