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To: 31Floors who wrote (211837)2/25/2012 3:23:08 AM
From: ayeyou  Respond to of 313182
 
This is what I like to see .Globex's biggest fan is Jack Stoch 4 pages of insider trades and they are all buys but 5 . The way I see it no one would know better than him if it was a good investment. Between him and his wife they have bought or exercised options on over 4 million shares and have sold a little over 63,000 . Many of his buys have been over $2.00 per share.
Looks like one to watch for sure. Good call 31

All Insiders Activity for Globex Mining Enterprises Inc. (GMX:CA) $ 1.26

0.01 (+0.80%)

2/1/10 STOCH, JACK,
10% Security Holder of Issuer 1,500 Acquisition or disposition in the public market at $1.12 - $1.12 per share. $1,680 1/28/10 STOCH, JACK,
10% Security Holder of Issuer 2,200 Acquisition or disposition in the public market at $1.20 - $1.20 per share. $2,640 7/10/09 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.00 - $1.00 per share. $2,000 7/9/09 STOCH, DIANNE,
Director of Issuer 30,000 Acquisition or disposition carried out privately at $1.15 - $1.15 per share. $34,500 7/9/09 STOCH, JACK,
10% Security Holder of Issuer 20,000 Acquisition or disposition carried out privately at $1.15 - $1.15 per share. $23,000 7/2/09 STOCH, DIANNE,
Director of Issuer 5,000 Acquisition or disposition in the public market at $1.05 - $1.05 per share. $5,250 5/13/09 STOCH, JACK,
10% Security Holder of Issuer 3,000 Acquisition or disposition in the public market at $0.98 - $0.98 per share. $2,940 3/12/09 STOCH, JACK,
10% Security Holder of Issuer 5,000 Acquisition or disposition in the public market at $1.01 - $1.01 per share. $5,050 12/31/08 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.01 - $1.01 per share. $2,020 10/9/08 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.04 - $1.04 per share. $2,080 10/9/08 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.04 - $1.04 per share. $2,080 10/9/08 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.04 - $1.04 per share. $2,080 9/5/08 STOCH, JACK,
10% Security Holder of Issuer 1,000 Acquisition or disposition in the public market at $2.04 - $2.04 per share. $2,040 12/14/06 Turpin, Debra,
Deemed Insider - 6 Months before becoming Insider 2,500 Exercise of options at $3.15 - $3.15 per share. $7,875 12/14/06 Turpin, Debra,
Deemed Insider - 6 Months before becoming Insider 2,500 Exercise of options at $3.15 - $3.15 per share. $7,875 Volume: 22.2 k

11:25 AM EST Feb 24, 2012

Date Insider: Shares Transaction Value 2/22/12 STOCH, JACK,
10% Security Holder of Issuer 5,000 Acquisition or disposition in the public market at $1.27 - $1.27 per share. $6,350 2/21/12 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.23 - $1.23 per share. $2,460 2/16/12 STOCH, JACK,
10% Security Holder of Issuer 2,200 Acquisition or disposition in the public market at $1.28 - $1.28 per share. $2,816 2/15/12 STOCH, JACK,
10% Security Holder of Issuer 6,800 Acquisition or disposition in the public market at $1.28 - $1.28 per share. $8,704 2/8/12 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.32 - $1.32 per share. $2,640 1/10/12 STOCH, DIANNE,
Director of Issuer 300 Acquisition or disposition in the public market at $1.30 - $1.30 per share. $390 1/10/12 STOCH, DIANNE,
Director of Issuer 1,000 Acquisition or disposition in the public market at $1.25 - $1.25 per share. $1,250 1/10/12 STOCH, DIANNE,
Director of Issuer 200 Acquisition or disposition in the public market at $1.29 - $1.29 per share. $258 1/9/12 STOCH, DIANNE,
Director of Issuer 2,000 Acquisition or disposition in the public market at $1.28 - $1.28 per share. $2,560 1/9/12 STOCH, DIANNE,
Director of Issuer 1,000 Acquisition or disposition in the public market at $1.33 - $1.33 per share. $1,330 12/29/11 STOCH, DIANNE,
Director of Issuer 1,100 Acquisition or disposition in the public market at $1.20 - $1.20 per share. $1,320 12/28/11 STOCH, JACK,
10% Security Holder of Issuer 3,000 Acquisition or disposition in the public market at $1.30 - $1.30 per share. $3,900 12/28/11 STOCH, JACK,
10% Security Holder of Issuer 1,000 Acquisition or disposition in the public market at $1.32 - $1.32 per share. $1,320 12/28/11 STOCH, JACK,
10% Security Holder of Issuer 500 Acquisition or disposition in the public market at $1.29 - $1.29 per share. $645 12/21/11 STOCH, JACK,
10% Security Holder of Issuer 2,000 Acquisition or disposition in the public market at $1.40 - $1.40 per share. $2,800 Page 1 of 4 Next Page View Section 16 Filings (Forms 3,4,5,144) for GMX:CA Insider Summary For GMX:CA

Shares Transaction Value 12/21/11 STOCH, JACK,
10% Security Holder of Issuer 1,000 Acquisition or disposition in the public market at $1.34 - $1.34 per share. $1,340 12/21/11 STOCH, JACK,
10% Security Holder of Issuer 3,000 Acquisition or disposition in the public market at $1.45 - $1.45 per share. $4,350 12/20/11 STOCH, JACK,
10% Security Holder of Issuer 1,400 Acquisition or disposition in the public market at $1.39 - $1.39 per share. $1,946 11/9/11 STOCH, JACK,
10% Security Holder of Issuer 5,000 Acquisition or disposition in the public market at $1.58 - $1.58 per share. $7,900 9/26/11 STOCH, JACK,
10% Security Holder of Issuer 3,500 Acquisition or disposition in the public market at $1.80 - $1.80 per share. $6,300 9/13/11 STOCH, JACK,
10% Security Holder of Issuer 1,000 Acquisition or disposition in the public market at $2.05 - $2.05 per share. $2,050 6/27/11 STOCH, JACK,
10% Security Holder of Issuer 2,400 Acquisition or disposition in the public market at $1.99 - $1.99 per share. $4,776 5/20/11 STOCH, JACK,
10% Security Holder of Issuer 12,000 Acquisition or disposition in the public market at $2.15 - $2.15 per share. $25,800 5/20/11 STOCH, DIANNE,
Director of Issuer 12,000 Acquisition or disposition in the public market at $2.15 - $2.15 per share. $25,800 3/16/11 STOCH, DIANNE,
Director of Issuer 350,000 Exercise of options at $0.32 - $0.32 per share. $112,000 3/16/11 STOCH, JACK,
10% Security Holder of Issuer 83,000 Exercise of options at $0.20 - $0.20 per share. $16,600 3/16/11 STOCH, JACK,
10% Security Holder of Issuer 400,000 Exercise of options at $0.32 - $0.32 per share. $128,000 3/16/11 STOCH, DIANNE,
Director of Issuer 350,000 Acquisition or disposition carried out privately at $0.32 - $0.32 per share. $112,000 3/16/11 STOCH, JACK,
10% Security Holder of Issuer 483,000 Acquisition or disposition carried out privately at $0.30 - $0.30 per share. $144,610 3/16/11 STOCH, DIANNE,
Director of Issuer 350,000 Acquisition or disposition carried out privately at $0.32 - $0.32 per share. $112,000 Previous Page Page 2 of 4 Next Page View Section 16 Filings (Forms 3,4,5,144) for GMX:CA Insider Summary For GMX:CA



To: 31Floors who wrote (211837)2/27/2012 8:19:39 AM
From: inversion  Read Replies (1) | Respond to of 313182
 
I too attended a presentation put on by Globex, but it was approx. 12 - 18 mos ago. I came to some of the same conclusions:
  • in my opinion, the president was smart, earnest, and a good manager of the company's finances
  • the co. had JV'd out a number of prospective properties that could generate some success and work would be paid for by their partners

Provided that I bought in to the stock at a good price point, I didn't feel that I would lose money in the long term with the way that he was running the co. The question was therefore, if I could a make a decent return from this one.

It appeared to me that the talc property is their prime asset and in contrast to other metals like gold, silver, and copper, I don't have the knowledge to determine what the market is for talc and whether some other party would be interested in buying this property from them. The whole category of industrial metals is more difficult to get a feel for. I therefore decided to keep it on periodic watch, only.