FACT-N-FICTION

[ICEMAN1CO]

Thats interesting LEXIT......

"there has been no drilling on the property so there is no way to get proven reserves."


Press Release Source: Globex, Inc.

Globex, Inc. Announces beginning of phase 2 of drilling program and negotiating a venture agreement to begin extraction of Uranium
Wednesday February 28, 11:34 am ET


NEW YORK, Feb. 28 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced moving to phase 2 of its winter exploration program in sector 31 J. Key technical details from the Geologic Report indicated a possible 544,000 tons in Uranium reserve in 2 areas of our claims.

Our team will continue to drill approximately 7 to 10 holes totaling about 6,000 meters of drilling. As well a program of line cutting and 200 kilometers of ground resistivity and 25 kilometers of detailed magnetic surveys is also in progress to better define the character of geophysical conductors outlined in previous airborne and ground geophysical surveys.

Management also announced ongoing negotiations for venture agreement with 2 exploitation Companies to commence extracting program on the confirmed specific areas.