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Kswies thanks; Globex Vends McNeely Lithium Property Rouyn-Noranda, Québec, Canada.
GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange,
G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz,
L&S Exchange, TTM Zone, Stock Exchanges and GLBXF – OTCQX International
in the US)
is pleased to inform shareholders that it has sold
the McNeely Lithium project consisting of 66 mining claims in
La Corne, Landrienne and Figuery townships, Quebec to
First Energy Metals Limited (FE-CSE).
$The claims have been sold for a single cash payment of
$250,000 and 2,000,000 First Energy Metals shares (currently $0.30 a
share).
Globex will retain a 3% Gross Metal Royalty on all production from the
claims.
https://www.globexmining.com/staging/admin/news_pdfs/2021-06-08%20Globex%20vends%20the%20McNeely%20Property.pdf
https://www.globexmining.com/
Globex’s McNeely claims extend westward from the Quebec Lithium Mine
property intermittently in
several claim blocks over a strike length of approximately 18 kilometres, and includes several spodumene
showings and historical mineralized drill holes. A large number of Globex’s claims surround and are in close
proximity to the Augustus Lithium occurrence where First Energy Metals recently reported a drill hole
grading 1.17% Li2O over a core length of 19 metres (see First Energy Metals press release dated June 1,
2021).
Globex is pleased to vend the McNeely property to First Energy Metals Limited an active exploration
neighbor and looks forward to future drill results from their ongoing exploration program.
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a
Qualified Person (Q.P.) under NI 43-101.
We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
CUSIP Number 379900 50 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
info@globexmining.com
www.globexmining.com
Forward Looking Statements: Except for historical information, this news release may contain certain “forward looking statements”. These statements may
involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be
materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by
the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the
risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com.
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
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God Bless America
Ps.
opinion appreciated
TIA
Being lithium has already went through/is currently going through, a correction/@ss whoopin, or whatever you'd like to call it, I wonder if this builds some immunity, so to speak, against a future market correction. I'm not talking a dip, I'm talking S&P losing >50%, full reset mode. How does lithium hold up? Seems to me that whoever would have hung on this long isn't going anywhere......What if?
Sorry for the repetition. I meant to post it on the LAC message board. Not important!
I'm just copying my thought on another board now that it's safer to speak my mind
"SQM bad decision did not hurt them at all. After all they"stole" half of a multi billion dollars for just $25 mils and they were made whole and than some by the Gangfeng deal. They also don't need additional lithium any time soon. Their expanding of the Chile based property and investments in Australia probably made them realize that the Argentina project would have resulted in unwanted competition. I think they were likely responsible for delaying the project. That should work out well for LAC assuming that Gangfeng turns out to be a more reliable partner
In the mean time the Dow is falling toward support that is at around $24600ish....interesting shakeup, interesting times indeed.
HOUSING IS IN A DOWNTURN
SQM bad decision did not hurt them at all. After all they"stole" half of a multi billion dollars for just $25 mils and they were made whole and than some by the Gangfeng deal. They also don't need additional lithium any time soon. Their expanding of the Chile based property and investments in Australia probably made them realize that the Argentina project would have resulted in unwanted competition. I think they were likely responsible for delaying the project. That should work out well for LAC assuming that Gangfeng turns out to be a more reliable partner
Their split with LAC was a bad decision for them IMO. When do all the M&A's start?
SQM October 5th news = http://consultas.tdlc.cl/lexsoft/download/156466?inlineifpossible=true .
= Sorry/Nevermind
Lithium got its butt kicked again. I like this Board but I may post a bit more on the other Board. It is so nice there! I thank the Mod here for letting us vent a bit. Much appreciated!
Has anyone seen or heard of any reason for PEMIF's recent uptick, aside from their "IIROC made us release this news to tell you that we don't know why our stock price is moving up" bit LOL. Or is this just momentum picking up in the lithium sector? Either way I'll take it.
So it's Happy Camper Day in Japan / Or something like that / I dunno
Where it's like : Well THAT throws a wrench into the old T.A., doesn't it ?
As so often appears the case. Anyways,
It's ALSO a holiday here up north, so.....Freakin' have 'at 'er eh ?
You are spot on Oso. I may wait for LAC at similar levels. It looks like better times are coming to the other Board and hopefully to LAC. Kudos to Ks, NW and all others for their efforts. We all like bull markets but not bullies. You reap what you sow.
Let’s now hope for better times in the lithium sector.
HE WHO IS NAMELESS is no longer listed as a moderator and hasn't posted in four days!!!! Could have cashed in his $500 mils in profits and checked himself in a posting detox facility. Could be safe to again post on the other site without fear of facing oblivion. By the way Nowwhat I have an order in at $3.99. This would be the first time for me to invest my own money since about 8 years ago.
Someone asked me about Albermarle (on its' board)...
So I offered them up this synopsis :
Well, let's update this chart from 3 months ago...to determine whether or not it's on course :
And although my Green Arrow Up Call was wrong (for about 1 month),
I would say that it IS now on course, wouldn't you ?....
In fact, I don't think it needs to get over your $ 110.....Just over the ruler-line down from the highs !
Why, just getting over $ 105 - would set some wheels in motion !
In fact I'd say that's a fairly healthy chart (now that you mention it).....Thanks for reminding us to take a look!
Not really, check again.
I would not be surprised if we get to the high $3s, but $4.0 is more likely.
No changes on that lithium board that I saw, must be tennis day....Long Lithium
I will get the wallet ready for the high $3s based on you chart instead of 2 plants. You may also consider posting your chart analysis on the other site. I have the feeling that Board may start becoming friendlier to different analyses. At least that is my hope...
Enjoy the weekend everybody!
Lithium is moving sideways again, but I think it will get better after the stock Market settles a bit.
By the way, was there a change in Mod at the other site or is it a mirage?
Yup, I think LAC will see $4.0 or a bit lower before the next cycle up, as you, Ks, Toast and Oso have predicted before. LAC is a good stock to buy/sell on the swings, since it is going to take a while for the 2 plants to be a stronger factor for the SP. I may buy a few more in the $3s and play a bit.
By the way, your chart analysis is well ahead of this highly probable event as opposed to after, which is what our friend loves to claim.
Ha ! Take THAT eh ?.....Warren B !
Hasn't got a CLUE as to what's happening chart-wise in Japan, one of the worlds' most influential economies.....
7 year chart - 5 days ago :
5 days later : 2 month chart - Tonight : Compare with chart above
These are not Horoscopes man !....This is a Science....
This is a Professional Market Analysis......
Although, how many of the worlds' Financial Professionals, would you say are as finely attuned to world markets as yours' truly ?.....
The successful ones are undoubtedly aware of the facts ;
.
PEMIFStrange action with zero news, pure is trying to climb, after the first spike IIROC made them release news stating that there was no reason they knew of for the spike and now we have another uptick.....
I don't like anything with those numbers....
666 - Down 2.1
Yesterday :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143972218
Asia tonight getting smacked fairly hard....
This just 1 example :
This from 8 sessions ago :
This from tonight : Down 2.18 % *thus far
.
It would be a waste of your time, just do your thing, I for one appreciate your information....really and truly I like this board better, the other is nothing but a pissing match
Kinda cringed when ya'mentioned that ya'd picked some up last week....
Because....hadn't I mentioned this line as a target ?
I don't but should maintain a watchlist -
Just happened to check in on them today
Could'a scored some under .25 but I.....
Chickened out on accumulating
Now for your sake I'm hoping it doesn't revisit !
Low today was .24 - That's what I'll set a bid at -
But if it went (goes) below that - it'd not be encouraging....
'Cuz .20 would start then to act as a magnet.....IMo
Heard this fellow today speak much more convincingly about how flying cars might solve traffic issues.
At first he says traffic would utilize corridors
Yep....All day long 10 days per week....One could show him T.A. like this and STILL he'd be'd deny it
7 days later = Up 35 percent !
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143695389
Orocobre September 20th
7 days later = Up 35 percent !
Thanks K, I would like to see any work anyone on the board has done on the financials of LAC. I'm particularly worried about the prospect of the current cash burn rate.
Wow....Tis a VERY nice day in SOME Australian liths (chart-wise)....GXY PLS AJM
Great to see you here Os, He who shall not be mentioned, doesn't show up around here too much, and for good reason . We sure do appreciate any data you can provide, the more the merrier.
Yeah....Rather than have my/our efforts continuously publicly dismissed as being worthless, we'll just post 'em here instead.
'Course not many'll ever read 'em though since he's basically got the broad lithium topic all "locked up"....
Unless we could somehow draw Lith Followers to this board - Hmmmm - Would have to advertise / Spread the word
And wouldn't that be(come) a joke ?.....LoL......For that loser to be left all alone with "his board" ?
I just think that'd be a riot to see !.......Anyways :
An Update of this mornings' chart :
Is that Oval beginning to play itself out ?.....It's got all week to do so and already - It's almost there
Meaning : It could easily get uglier than just that dumb Oval - Could drop to 5.60-ish Cdn easy
.
Because people are quick learners and do not like to be attacked
Closed for a week for a "national day" or "national holiday" (Big brother says the commune can have a vacation now), how productive....LMAO!!!
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