Gold Miners ETF (GDX)

[NYBob]

$Geodan thanks; GLBXF-Globex Gets Big Royalties For Free, A Deep Value
Stock For The Commodity Super Cycle

https://ceo.ca/@geodan/globex-gets-big-royalties-for-free-a-deep-value-stock-for-the-commodity-super-cycle

This is an article wrote Thursday that is on CEO.CA . It is one of the best value
stocks have ever seen. Like iHub CEO is free to read and post on. Here is how
article starts:

Globex is a mining royalty company and a mine and mining claim wheeler/dealer
with high growth, and deep value, and that is in the right place at the right time.
Globex often gets a 3% GMR, or Gross Metal Royalty, not the more normal 1%
NSR. Since they sell the properties for a profit, those massive royalties are for free.

A 3% GMR is extremely valuable, if a mine they sell produces $2 billion in sales at
a 10% profit ($200 million) Globex will get $60 million or 30% of the profits yet has
no risk nor investment. If a client miner sells $2 billion of minerals and loses $50
million, Globex will still make the $60 million in profits.

They have over 200 mining properties and dozens of royalties yet are at a dirt-
cheap valuation of Allen EV/EBITDA of 1.55, ROCE of 1,926%, Current Ratio of
131 and with Sales Growth of 335%.

Due to having so many deals in place Globex will be a legitimate drilling results
news machine on steroids. They pay nothing for the drilling yet benefit greatly
when results are good. If 15 clients drill in a year Globex gets the news flow from
all of them.

There is only one other deep-value company I know of that gets mining royalties
for free.
That is GoldSpot. I have a large position in both and think both are outstanding
investments.

Globex has high insider ownership and a long record of avoiding dilution and
wasteful spending.

RE: NYBob, you have been in this a while. Drop by the article and post.

https://ceo.ca/@geodan/globex-gets-big-royalties-for-free-a-deep-value-stock-for-the-commodity-super-cycle Love to see you there, it is free.

Globex is a mining royalty company and a mine and mining claim wheeler/dealer
with high growth, and deep value, and that is in the right place at the right time.

Globex often gets a 3% GMR, or Gross Metal Royalty, not the more normal 1%
NSR. Since they sell the properties for a profit, those massive royalties are for
free.

A 3% GMR is extremely valuable, if a mine they sell produces $2 billion in sales at
a 10% profit ($200 million) Globex will get $60 million or 30% of the profits yet
has
no risk nor investment. If a client miner sells $2 billion of minerals and loses $50
million, Globex will still make the $60 million in profits.

They have over 200 mining properties and dozens of royalties yet are at a dirt-
cheap valuation of Allen EV/EBITDA of 1.55, ROCE of 1,926%, Current Ratio of
131 and with Sales Growth of 335%.

Due to having so many deals in place Globex will be a legitimate drilling results
news machine on steroids. They pay nothing for the drilling yet benefit greatly
when results are good. If 15 clients drill in a year Globex gets the news flow from
all of them.

There is only one other deep-value company I know of that gets mining royalties
for free.

That is GoldSpot. I have a large position in both and think both are outstanding
investments.

Globex has high insider ownership and a long record of avoiding dilution and
wasteful spending.

Underground drilling nearing completion at Globex Mining (TSX:GMX) royalty property Mining
TSX:GMX $64.89M

https://www.globexmining.com/presentation.htm

https://www.globexmining.com/properties.php

https://www.globexmining.com

Simon Druker

https://stockhouse.com/companies/quote?symbol=t.gmx

$In GOD We Trust - Real Money - AU Safety 6000yrs )



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Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

GOLD STANDARD; THE REAL LEGAL MONEY:

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https://www.usdebtclock.org/

https://www.worldometers.info/coronavirus/country/us/

https://www.whatdoesitmean.com/index.htm

God Bless.