Hey Fellas - A monster in the making totally under the radar right now with some huge news coming out late this week - early next. Spoke with the company for an hour yesterday, this one is gonna be big!
Ticker: GLXI O/S= 28.8 Million Float= 25 Million PPS: .012
- Yesterday they signed the deal and have acquired 200 claims (approx. 35 square miles of premium uranium rich land in N. Quebec) - Geologists reports coming next week. Preliminary results thusfar are huge. - They currently have 4 accoutants and 3 geologists working to finalize everything and are planning a PR campaign launching the new business model in the next two weeks. - For tax purposes they are developing a Canadian sister company and go through a name and symbol change to better identify themselves with their new business. - Non-dilutive financing already in place which is huge, in addition they have a good cash position and are working on updating financials along with this acquisition with an AMEX goal. - Just turned down a huge buyout because of this new lucrative opportunity, uranium is booming right now. - This will be huge over the next month as the new PR campaign launches, just thought i'd give you a heads up early!! __________________ "Research is the key to victory, knobias, hot stock market, microcap bulls, and microcap trade are the tools for success"
Posted by IMAKEMONEY on :
Globex, Inc. in Negotiations to Acquire 200 Uranium Mining Claims in Northern Quebec
Internet Wire via COMTEX
Jan 23, 2007 12:40:11 PM
NEW YORK, NY, Jan 23, 2007 (MARKET WIRE via COMTEX News Network) --
Globex, Inc. (PINKSHEETS: GLXI) today announced that Management is currently in negotiations with prominent geologists in the Uranium Mining Industry to acquire a total of 200 claims in the Northern area of the Province of Quebec, Canada. The proposed agreement also involves the establishment of a Canadian Prospecting Subsidiary Corporation, which would allow Globex to benefit from the numerous Federal and Provincial Government incentives for drilling and prospecting programs in Canada.
Globex's Board of Directors is currently evaluating this opportunity to team up with highly qualified experts, and to secure a promising acquisition in the booming Uranium field. Due to the unsatisfactory take-over offers received, the Board of Directors has commenced the due diligence process of the Uranium Mining Claims acquisition, and anticipates closing the transaction within 10 days. The Board firmly believes that this change of business strategy is in the best interests of its shareholders.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy*sympatico.ca.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: Globex, Inc. Michel Benoit Ph# (514) 288-8494 E-mail: Globexenergy*sympatico.ca
SOURCE: Globex, Inc.
mailto:Globexenergy*sympatico.ca
Copyright 2007 Market Wire, All rights reserved.
Posted by cassity on :
THX IMAKE!
Posted by IMAKEMONEY on :
GLXI - GLOBEX INC (OTC)
Date Open High Low Last Change Volume % Change 01/24/07 0.0120 0.0280 0.0120 0.0280 +0.0150 1606500 +115.38%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Sell 20-Day Average Volume - 270205
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Sell 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 25% - Sell 50-Day Average Volume - 149022
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Sell 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 67% - Sell 100-Day Average Volume - 87436
Overall Average: 56% - Sell
Price Support Pivot Point Resistance
0.0130 0.0097 0.0137 0.0177
Posted by IMAKEMONEY on :
BROKE RESISTANCE 0.0177 Posted by IMAKEMONEY on :
PPS .06 UP 361 %
Posted by stocktrader22 on :
damn..scottrade didnt let me in at .04
restricted buying Posted by IMAKEMONEY on :
BASSTERDS, ST22
Posted by IMAKEMONEY on :
MAYBE NOT ST22, HERES THE RETRACE,MOMMY!!!
Posted by cassity on :
Goin right back up!
Posted by cassity on :
.068x.07
Posted by cassity on :
I was told about this at .02 and could get in until .028 thanks to ST. Doesn't matter too much now. WOOOOHOOOO!
Posted by cassity on :
.07(3)x.08(3)
Posted by IMAKEMONEY on :
VERY NICE!!! SHAKE AND BAKE! UP 430% Posted by IMAKEMONEY on :
COULD SEE .08s SOON,JMO Posted by cassity on :
quote:Originally posted by IMAKEMONEY: COULD SEE .08s SOON,JMO
For sure! Posted by a surfer on :
good God almighty....
I hope you guys are in...
I was gone for the morn...
Congrats!
Posted by IMAKEMONEY on :
Posted by cassity on :
This will see the teens tomorrow...IMO. Very low float and we all know it moves quick. I think we'll close at .08+ today. Much more news and details of the acquisiion. Big gapper tomorrow morning!
Posted by IMAKEMONEY on :
I MUST SAY I AGREE, THIS ONE COULD GO CRAZY!! JMO
Posted by IMAKEMONEY on :
SBSH CAN TAKE HIS BID AND SHOVE IT UP HDSN ASK,LOL STRONG CLOSE!JMO
Posted by madmoney on :
this is a suckers bet IMO, news is no news realy! change of buisness plan? non-reporting pinksheet with no audited finacials ever! GLWTO! what goes up WILL come down! play the hype and take your profits!!!
Posted by lostone on :
quote:Originally posted by madmoney: this is a suckers bet IMO, news is no news realy! change of buisness plan? non-reporting pinksheet with no audited finacials ever! GLWTO! what goes up WILL come down! play the hype and take your profits!!!
totally agree, if u don't take ur profits, some else will
Posted by a surfer on :
quote:Originally posted by madmoney: this is a suckers bet IMO, news is no news realy! change of buisness plan? non-reporting pinksheet with no audited finacials ever! GLWTO! what goes up WILL come down! play the hype and take your profits!!!
Whats up madmoney?? You are like debbie downer lately.
I didn't come to your SKNN thread and say they have no revenue and no shoes in any stores did I???
Put your negative efforts into something positive and find us a winner!!
Posted by Repoman75 on :
I just shorted it.
Posted by tompom on :
i made 2 quick flips here definitely the hottest stock for the day! let´s see how it ends...
Posted by madmoney on :
quote:Originally posted by a surfer:
quote:Originally posted by madmoney: this is a suckers bet IMO, news is no news realy! change of buisness plan? non-reporting pinksheet with no audited finacials ever! GLWTO! what goes up WILL come down! play the hype and take your profits!!!
Whats up madmoney?? You are like debbie downer lately.
I didn't come to your SKNN thread and say they have no revenue and no shoes in any stores did I???
Put your negative efforts into something positive and find us a winner!!
I dont beleive i have ever heard of SKNN, and i certainly did not start a thread on it. just posting my opinion. GLTA!! Posted by a surfer on :
Woops I appoligize madmoney!!!! Wasn't your thread!! LOL it was mad tony...
Posted by cassity on :
The funny thing is this will be going to .08 in about 5 mins. Madmoney, have you ever heard the saying, it's who you know, not what you know! I'll leave it at that! GLTY
Posted by cassity on :
Whoops I was wrong I meant .09!
Posted by tompom on :
quote:Originally posted by Repoman75: I just shorted it.
once again a big paperloss for you alice maybe you should find something else for you... what about cooking? LOL
Posted by cassity on :
.13
Posted by madmoney on :
hey it`s up! thats great, make some money, I would not hold it too long but thats me! do as you please! I have learned (the hard way) not to be greedy or exspect too mutch. made good bank on FCCN, MRXT and PLSO before the bottom fell out also did fair on SLJB after averaging down (risky) got out of all of them with a profit. this is realy moving. best of luck to all!
Posted by tompom on :
quote:Originally posted by Repoman75: I just shorted it.
when alice wakes up she will be broke lol you´re such a wimp why don´t you wanna try to play straight for a change?
Posted by cassity on :
1000% Holy crap!
Posted by SherriT on :
quote:Originally posted by cassity: The funny thing is this will be going to .08 in about 5 mins. Madmoney, have you ever heard the saying, it's who you know, not what you know! I'll leave it at that! GLTY
So why not share this info with the people you DO know, like me (as in before the fact)
Posted by a surfer on :
MY GOD!!!! I should of done it!
Posted by a surfer on :
quote:Originally posted by tompom:
quote:Originally posted by Repoman75: I just shorted it.
when alice wakes up she will be broke lol you´re such a wimp why don´t you wanna try to play straight for a change?
LOL can you short it again for my buddys....
Posted by Repoman75 on :
Nope. I'll hold my short at .079 and see what happens tomorrow and Friday. Money in the bank.
BOOK IT.
Posted by cassity on :
Well I hope some have made money today! Still holding, more news very near future. GLTA
Posted by tompom on :
quote:Originally posted by Repoman75: Nope. I'll hold my short at .079 and see what happens tomorrow and Friday. Money in the bank.
BOOK IT.
if Allstocks would have a dork of the board award ,you would have no competition! maybe if you put on a nice dress we can make some pictures hahaha
Posted by IMAKEMONEY on :
YA BABY!!!!!!!!!!!!!!!!!!!!
Posted by Repoman75 on :
quote:Originally posted by tompom:
quote:Originally posted by Repoman75: Nope. I'll hold my short at .079 and see what happens tomorrow and Friday. Money in the bank.
BOOK IT.
if Allstocks would have a dork of the board award ,you would have no competition! maybe if you put on a nice dress we can make some pictures hahaha
How's FCCN treating you? You're involved with so many POS's lately that I bet your old lady thinks you unclog toilets for a living.
Short at .079. Will collect handsomely tomorrow.
Posted by a surfer on :
the last 25 transactions have been buys. Not one sell.
Posted by madmoney on :
quote:Originally posted by a surfer: the last 25 transactions have been buys. Not one sell.
what ARE you smoking!!! LOL!
Posted by tompom on :
quote:Originally posted by Repoman75:
quote:Originally posted by tompom:
quote:Originally posted by Repoman75: Nope. I'll hold my short at .079 and see what happens tomorrow and Friday. Money in the bank.
BOOK IT.
if Allstocks would have a dork of the board award ,you would have no competition! maybe if you put on a nice dress we can make some pictures hahaha
How's FCCN treating you? You're involved with so many POS's lately that I bet your old lady thinks you unclog toilets for a living.
Short at .079. Will collect handsomely tomorrow.
FCCN was treating me great! made good money, REAL money because i´m really trading and you´re just a fairy tale shorter the only thing you collect is laughter hahaha but at least you´re good for one thing...
Posted by THE DUKE on :
Man great play here only wish i got in yesterday. congrats to those who did$$$
Posted by Repoman75 on :
quote:Originally posted by a surfer: the last 25 transactions have been buys. Not one sell.
Last time I checked, every BUY includes someone SELLING - no? Or is this like the new "math"?
Posted by IMAKEMONEY on :
OK GOT MY MONEY BACK AND NOW ITS JUST FREEBEES!!!
Posted by a surfer on :
quote:Originally posted by Repoman75:
quote:Originally posted by a surfer: the last 25 transactions have been buys. Not one sell.
Last time I checked, every BUY includes someone SELLING - no? Or is this like the new "math"?
Yea the MM's which bought this at .01 are making 1000% on their money.
I am happy for you fellas making money!!!!
Posted by IMAKEMONEY on :
Posted by a surfer on :
couple of big buys before the bell....
Posted by IMAKEMONEY on :
HAPPY DANCE!!!!!!! EOD .13 PPS
Posted by a surfer on :
Way to go Cassity and IMAKE!!!!
Posted by IMAKEMONEY on :
I MUST SAY THE CALL WAS NOT MINE, JUST SAW IT LIKED IT AND WENT IN! Cassity MADE THE THREAD! Posted by cassity on :
WOW...what a day! Hope everyone did well!
Posted by Firedog on :
Good job guys. Started to join at .07 and thought it was done. Wrong again. Congrats.
Posted by tompom on :
yep, great day here wish we had a run like this every day!
Posted by Fuzzy1018 on :
gapper tom?
Posted by J_U_ICE on :
Great job everyone. Missed it. Kicking myself in the ass for not chasing.
Posted by tompom on :
quote:Originally posted by Fuzzy1018: gapper tom?
i sold out earlier already... but i´d say a gapper tomorrow wouldn´t surprise anyone here lol except repo hehe
Posted by beandog24 on :
quote:Originally posted by cassity: Have to give props to BEANO.
Hey Fellas - A monster in the making totally under the radar right now with some huge news coming out late this week - early next. Spoke with the company for an hour yesterday, this one is gonna be big!
Ticker: GLXI O/S= 28.8 Million Float= 25 Million PPS: .012
- Yesterday they signed the deal and have acquired 200 claims (approx. 35 square miles of premium uranium rich land in N. Quebec) - Geologists reports coming next week. Preliminary results thusfar are huge. - They currently have 4 accoutants and 3 geologists working to finalize everything and are planning a PR campaign launching the new business model in the next two weeks. - For tax purposes they are developing a Canadian sister company and go through a name and symbol change to better identify themselves with their new business. - Non-dilutive financing already in place which is huge, in addition they have a good cash position and are working on updating financials along with this acquisition with an AMEX goal. - Just turned down a huge buyout because of this new lucrative opportunity, uranium is booming right now. - This will be huge over the next month as the new PR campaign launches, just thought i'd give you a heads up early!! __________________ "Research is the key to victory, knobias, hot stock market, microcap bulls, and microcap trade are the tools for success"
Sorry Cass i missed this board this morning when i posted at .011. Legs left and tommorrow is gonna be good, keep your eyes peeled.
Posted by beandog24 on :
quote:Originally posted by Repoman75: I just shorted it.
Must not have checked into insider holding lol. Good luck with that one.
Posted by beandog24 on :
Watch closely tommorrow your about to see repo getting his house repo'd.
Posted by Repoman75 on :
quote:Originally posted by beandog24:
quote:Originally posted by Repoman75: I just shorted it.
Must not have checked into insider holding lol. Good luck with that one.
Not looking good right now.. may have to double down.
Posted by stocktrader22 on :
i hate scottrade...i would have banked a nice $2200 profit.
Posted by beandog24 on :
quote:Originally posted by Repoman75:
quote:Originally posted by beandog24:
quote:Originally posted by Repoman75: I just shorted it.
Must not have checked into insider holding lol. Good luck with that one.
Not looking good right now.. may have to double down.
May want to wait a day at least Posted by BooDog on :
Wow. Great find Cassity! Nice hammer - wondering just how much this will retrace in the future. Cheers
Posted by cool AZ on :
Great play so far ... thought about it at .06, but decided not to chase. Scottrade is apparently requiring call in orders on this only ... anyone know why?
Posted by Repoman75 on :
quote:Originally posted by cool AZ: Great play so far ... thought about it at .06, but decided not to chase. Scottrade is apparently requiring call in orders on this only ... anyone know why?
They restricted buys? NICE. All other brokers will do the same...
I'm shorting again on the open.
Posted by BooDog on :
Scottrade "More broker for your money". getting out of control with their BS IMO. Same with e-trade from many people. My friend alerted me to this late yesterday - didn't see cassity alert this - BUMMER! profile looks good but need to DD. looks to run some more IMO but where it tops off i'm not sure - volume acc. looks to be slowing but at the eod it got more attention. Def something to keep an eye on. GLTA
Posted by a surfer on :
gapping....
.14x.15 1x4
Posted by a surfer on :
Jeez if this thing breaks .20 its anyones guess.
Posted by BooDog on :
freekin canadians! lmao
j/k
do you have a link to a website for them that works?
Posted by cassity on :
Little GAPPER!
Posted by cassity on :
Not sure if this has been posted. Today's news:
GLXI -- Globex, Inc. Com (1 Cent)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Globex, Inc. Announces Shareholder Approval of Uranium Mining Claims Acquisition and Plans to Establish Mining Subsidiary
NEW YORK, NY, Jan 25, 2007 (MARKET WIRE via COMTEX) -- Globex, Inc. (PINKSHEETS: GLXI) today announced that the Executive Committee has completed the due diligence process on the acquisition of 222 Uranium Mining Claims. The claims are located in the 24L01 area adjacent to the existing "Uranor Inc." exploitation premises and cover an area of 30 square miles in Northern Quebec, Canada. Globex's Board of Directors has obtained the approval of a majority of the Company's shareholders, with respect both to this acquisition and its plans to establish a Canadian Prospecting Subsidiary Corporation. The Board is currently forming an experienced executive team to fulfill the contract's obligations and aid in the Company's search for other attractive claims to acquire in the area. The Executive Committee issued the following statement: "We believe this opportunity will provide our Company and shareholders with a significant amount of wealth and value. This is truly an exciting project that elicits a high degree of enthusiasm and confidence in its prospects for success among everyone involved."
For more information, please contact Mr. John Michaels, Investor Relations at (514) 812-4568 or via email at info*qttmtech.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results.
Contact:
Posted by tompom on :
quote:Originally posted by Repoman75:
quote:Originally posted by cool AZ: Great play so far ... thought about it at .06, but decided not to chase. Scottrade is apparently requiring call in orders on this only ... anyone know why?
They restricted buys? NICE. All other brokers will do the same...
I'm shorting again on the open.
time for your pills...
Posted by a surfer on :
30% already.....16x.17
Posted by bigben80 on :
Does anyone think this will still go up, or should i wait to buy
Posted by Fuzzy1018 on :
we'll be over .20 soon imo; way undervalued
Posted by IMAKEMONEY on :
.16
Posted by BooDog on :
all i can say is wow. and grrrrrrrr. I don't chase a run - especially if I'm not familiar with the company. Web site is down and it is a Pink. could crash and burn or it could repeat previous runs. gotta do your DD. And don't listen to me!
Posted by IMAKEMONEY on :
.13 Posted by Fuzzy1018 on :
up 900% yesterday, i don't think its strong enough to go up any furter, but again what do i know
Posted by tmanfromtexas on :
I sold a few to be able to ride free and they filled above the bid. Maybe they need shares. Things that make you go hmmmm. TMAN...
Posted by cassity on :
EXCS, gonna be huge today. I'm out of GLXI at .12 GLTA
Posted by BooDog on :
WTG CASSITY.
Exciting run.
Posted by cassity on :
THX
Posted by IMAKEMONEY on :
GREEDS GOT ME LOOKING FOR .17 BUT IM ON FREEBEES. IM OUT AT .10 IF WE GET DOWN THERE Posted by IMAKEMONEY on :
COME ON GAP FILLED, NOW RUN IT UP! Posted by BooDog on :
gonna try for another bounce IMAKE?
1-2-3 NOT IT! Certainly not overnight anyway.
Cheers
Posted by beandog24 on :
Here's what we still have coming here. Going to be a fun few weeks here on this little floater.
Ticker: GLXI O/S= 28.8 Million Float= 25 Million (Majority Insider) PPS: .095
- Yesterday they signed the deal and have acquired 200 claims (approx. 35 square miles of premium uranium rich land in N. Quebec) - Geologists reports coming next week. Preliminary results thusfar are huge. - They currently have 4 accoutants and 3 geologists working to finalize everything and are planning a PR campaign launching the new business model in the next two weeks. - For tax purposes they are developing a Canadian sister company and go through a name and symbol change to better identify themselves with their new business. - Non-dilutive financing already in place which is huge, in addition they have a good cash position and are working on updating financials along with this acquisition with an AMEX goal. - Just turned down a huge buyout because of this new lucrative opportunity, uranium is booming right now. - This will be huge over the next month as the new PR campaign launches, just thought i'd give you a heads up early!!
Posted by Repoman75 on :
quote:Originally posted by Repoman75: Nope. I'll hold my short at .079 and see what happens tomorrow and Friday. Money in the bank.
BOOK IT.
Covering now.
Posted by madmoney on :
quote:Originally posted by beandog24: Here's what we still have coming here. Going to be a fun few weeks here on this little floater.
Ticker: GLXI O/S= 28.8 Million Float= 25 Million (Majority Insider) PPS: .095
- Yesterday they signed the deal and have acquired 200 claims (approx. 35 square miles of premium uranium rich land in N. Quebec) - Geologists reports coming next week. Preliminary results thusfar are huge. - They currently have 4 accoutants and 3 geologists working to finalize everything and are planning a PR campaign launching the new business model in the next two weeks. - For tax purposes they are developing a Canadian sister company and go through a name and symbol change to better identify themselves with their new business. - Non-dilutive financing already in place which is huge, in addition they have a good cash position and are working on updating financials along with this acquisition with an AMEX goal. - Just turned down a huge buyout because of this new lucrative opportunity, uranium is booming right now. - This will be huge over the next month as the new PR campaign launches, just thought i'd give you a heads up early!!
the PR stated they have competed the due dilligence process, it DID NOT say they have acquired these claims, this company has NEVER filed a financial report as far as i can see, no mention of "geologist reports" in the related PR`s, no mention of financing either? where are you getting this info? ( wishful thinking/pumping ) good cash position? do you have a crystal ball? how do you know this?.turned down a huge buyout offer! no details of the purported buyout deals were ever released so what makes you think it was huge? maybe the guys thinking of buying them bailed when they realized the company was worthless!, mining claims are worthless until you actualy start mining! it cost BIG money to mine uranium and takes LOTS of time to get started!, and the AMEX!! give me a break! how many YEARS will it take to audit and submit financials!, 99 percent of pinks that make this claim NEVER achieve it!! this was a good hype and momo play, now it`s dead! posting speculation and downright BS wont help mutch! may get a nice bounce if they announce they have actually acquired the claims. GLWTO!!!
Posted by beandog24 on :
LOL obviously someone pizzed in mad's cherrios. Make a few phone calls my friend it helps you find some good upcoming plays. A synopsis of my recent conversations plain and simple. Only around 7MM shares floating around so she's volatile up and down. Before you get all jumpy just sit back and watch the PR trail upcoming, afterwards bash all you want lol. Some people's kids.
Posted by BooDog on :
IMO Mad is right on the money. Another Canadian scam in my book until there is something verifiable. Just another flipper with the finger on the trigger.
Posted by beandog24 on :
To each their own plenty of stocks out there to play. I just relay the info i get via phone conversations to companies and other info i can find and verify on other various sites and publications. Lots of upside here with a low float. Will be a good momo play at the least this week with two or three releases slated.
Posted by tmanfromtexas on :
Up 100% today. TMAN...
Posted by beandog24 on :
More news coming this week and a new website coming soon.
NEW YORK, NY--(MARKET WIRE)--Jan 31, 2007 -- Globex, Inc. (Other OTC:GLXI.PK - News) today announced that it has finalized the acquisition of 222 Uranium Mining Claims in the Province of Quebec, Canada. The Claims are located about 200 miles south of the Ungava Bay, North of Quebec, near the town of Tasjujaq. They are situated in the 24L01 area adjacent to the exploration sites owned by two mining corporations, namely Uranor Inc. and Canadian Royalties Inc. Shareholders may view the precise location of the claims via the following link: http://www.umining.com.
ADVERTISEMENT
Currently, Globex, Inc. has structured its operations into various teams. The Company's Geologists are evaluating the historical reports that were available to decide where to commence the initial drilling at the site. The Investor Relations Department is in the process of creating a Corporate Website, which will be launched within one week. The Department has also started to file all the necessary regulatory disclosure documents that will be available, upon completion, on the Corporate Website. Lastly, Globex, Inc. is developing a proposal for current and prospective investors with respect to raising the working capital required for the commencement of drilling.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy*umining.com.
TMAN...
Posted by cassity on :
Ready for round 2! News expected this week to follow up on this PR. This moves very quick and I will be adding before it moves. Just a heads up. GLTA
GLXI -- Globex, Inc. Com (1 Cent)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Globex, Inc. Announces Plans to Acquire Additional Uranium Mining Claims in Northern Quebec
NEW YORK, NY, Feb 02, 2007 (MARKET WIRE via COMTEX) -- Globex, Inc. (PINKSHEETS: GLXI) today announced that it plans to acquire additional uranium mining claims in Northern Quebec, Canada. This decision was made following a recent Board of Directors meeting. The Board resolved to focus the Company's efforts on intensifying its acquisition program of uranium mining claims in the Ungava Bay region, North of Quebec. The decision was based on the significant increase of interest in the Company displayed by current and prospective investors, upon the finalization of its acquisition of 222 Uranium Mining Claims. In particular, the investors expressed approval in Globex's new corporate strategy and demonstrated a willingness to provide financial support to the Company in its goal to become an important player in the mineral exploration and development industry. For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy*umining.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Globex, Inc. Michel Benoit Ph# (514) 288-8494 E-mail: Globexenergy*umining.com
SOURCE: Globex, Inc.
CONTACT: mailto:Globexenergy*umining.com
Copyright 2007 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Manufacturing and Production:Mining and Metals
Search for Dun & Bradstreet reports on this company
Posted by cassity on :
Globex, Inc. Commences Development of Phase I of Drilling Program at Uranium Mining Property
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 02/07/07 -- Globex, Inc. (PINKSHEETS: GLXI), today announced that its operations team is on route to the Company's uranium mining property in Northern Quebec, Canada. Upon arrival, the team will firstly set the guidelines and markers for Phase I of the drilling program and then proceed to finalize Globex's second acquisition of uranium mining claims in Northern Quebec.
The staff has completed the analysis of historical reports and documentation pertaining to past exploratory activities in the immediate area surrounding Globex's uranium mining property. Considering the significant number of inquiries from Globex's shareholders who are well informed about the mining industry, the Company's operations team will endeavour to publish some of the primary results following their return from the mining site.
Globex also announced that the Management team is currently evaluating several equity financing proposals from various finance organizations. Shareholders may rest assured that Globex will take into consideration the potential dilutive impact of any equity financing and weigh it against its ability to enhance the liquidity and financial position of the Company. Management firmly believes that the Company's stock is undervalued at current levels and is continually searching for ways to increase shareholder value.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy*umining.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Globex, Inc. Michel Benoit Ph# (514) 288-8494 E-mail: Globexenergy*umining.com
Posted by cassity on :
Round two has begun!
GLXI -- Globex, Inc. Com (1 Cent)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Globex, Inc. Announces primary results of Uranium on site of helicopterborne, magnetic, and electromagnetic survey
Expert team releases positive primary results
NEW YORK, Feb 09, 2007 /PRNewswire-FirstCall via COMTEX/ -- Globex, Inc. (GLXI: Pink Sheets), today announced that the first primary results in the area indicates the following: Description a) Apparent resistivity b) Calculated vertical magnetic gradient c) EM profiles, Low/high frequencies d) EM profiles, Mid-Frequencies e) Flight Path f) Electromagnetic profile g) Total magnetic field.
Conclusion: Analysis of four frequency electromagnetic profile data revealed the presence of a large number of conductive responses occurring as conductive zones and areas encompassing several conductive bands, single conductive horizons or bands, and discrete features recorded on one or two flight lines.
Our team on the field stated "It's unbelievably cold out here, but these results warm up our spirits."
Our experts are still analyzing the contents of historical available reports and will publish the condensed conclusions soon.
The company also announced filing with State of Nevada all necessary documentation to change the name of the Corporation to "UMINING RESOURCES INC." The name change will become effective as soon as approved by Regulatory and Governing authorities.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at globexenergy*umining.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
SOURCE Globex, Inc.
CONTACT: Globex, Inc., Michel Benoit, Ph (514) 288-8494, E-mail: Globexenergy*umining.com
What is most important for growth of this PPS is the increasing price of Uranium.
With the demand for the appropriate grade enriched uranium growing as the industrial needs of electricity from nuclear energy in developing countries like China; uranium looks to be the most rapidly expanding market of the minable ores. It does not self regenerate, and once used is rendered inert. New sources must be continually fed to the reactors.
Good news for the mining companies. Rapidly growing demand of specialty ore, with only a few areas of the world being uranium rich... Northern Canada and parts of Russia, but Russian business is more difficult in those countries. Canada has the most stable climate, both financially and politically to regularly produce the ore to other businesses.
Our prospects with GLXI are looking good. Plus, the chart is poised for a breakout.
Canada produces about one third of the world's uranium mine output, most of it from two new mines. After 2007 Canadian production is expected to increase further as more new mines come into production. About 15% of Canada's electricity comes from nuclear power, using indigenous technology. 18 reactors provide over 12,500 MWe of power.
Canada is the world's largest producer of uranium. In 2004 production at 13,676 tonnes of uranium oxide concentrate (11,597 tonnes U) was about 30% of total world production. Its value was about C$ 800 million.
Canada¹s known uranium resources (Reasonably Assured Resources plus Inferred Resources to US$ 130/kgU) are 524,000 tonnes of U3O8 (444,000 tU, 9% of world total), compared with Australia's reserves of 2.5 times that.
Some $539 million was spent on U exploration in Canada 1986-97 (over twice as much as Australia's $226 million) and this led to a sharp increase in recoverable resources to 507,000 tonnes U3O8 (measured, indicated & inferred resources). Despite depletion from mining, this remains much the same. Of the total at 1/1/04, 297,000 tonnes (252,000 tU) was "measured", possibly equivalent to "proven reserves" in some of the company data quoted on p3 below.
Exploration expenditure in 2004 was C$ 44 million, mostly at established projects. However, the C$26 million of this on grassroots exploration in Saskatchewan - double the 2003 level - represented a major proportion of world uranium exploration.
Canada and Australia are the main countries able to expand production strongly as required to meet increases in world uranium demand.
Location of claims on new website (under construction):
Hello out there. Am I all alone?
Posted by cassity on :
quote:Originally posted by dog: Hello out there. Am I all alone?
Well, if you'd turn on your phone, you wouldn't be! HINT HINT LMAO
Posted by tmanfromtexas on :
No, I am here Dog, actually added a few today. I was reading another board and a chartist said if we stay above .04 we will be ok. we will see if he is right. TMAN...
Posted by dog on :
Phone broken.. have it plugged in now. Dropped it in the snow and won't hold a charge.
I think we are gonna have some fun soon.
Posted by cassity on :
quote:Originally posted by dog: Phone broken.. have it plugged in now. Dropped it in the snow and won't hold a charge.
I think we are gonna have some fun soon.
That wasn't to smart! This bad boy will explode, it's just a matter of time...IMO. Once the reports are out....BOOOOMMMM!
Posted by dog on :
We'll blow past a quarter so fast... I mean that one day it moved with no stopping it. Made money then... gonna do it again and dim sum.
Posted by dog on :
Does anyone know what the best pc phone is in the world? Something I can trade on?
I'm told I should wait 2 months for the next generation, so I'm tring to make this one last. It has all my contacts in it.
Oh... go FCCN.
Posted by cassity on :
quote:Originally posted by dog: We'll blow past a quarter so fast... I mean that one day it moved with no stopping it. Made money then... gonna do it again and dim sum.
Mmmmmmmm, dim sum! Sounds GOOD! LOL
Posted by a surfer on :
Globex, Inc. Announces Acquisition of Additional Uranium Mining Claims in Northern Quebec Tuesday February 13, 8:30 am ET Company in Negotiations to License Ethanol Technology in the US
NEW YORK, Feb. 13 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced that it has signed a letter of intent for the acquisition of 109 claims near the town of Tasjujaq in Northern Quebec, Canada. The Operations team is continually searching for and evaluating additional mining claims that may be acquired, in order to build a substantial asset base in the in the Northern Quebec uranium sector. ADVERTISEMENT
This region has significant proven Uranium reserves, and major players including Uranor Inc. and Canadian Royalties Inc are already exploring sites in the area surrounding Globex's claims.
Lead Project Manager Mr. Detinger stated: "We are very fortunate to be in the process of securing these valuable uranium mining claims."
Mr. Detinger went on to state: "Once we start rolling out the drilling equipment, we will move systematically from the areas further north to the southern region. Secondly, our initial exploration drilling will be concentrated in the key areas where our data revealed the presence of a large number of conductive responses occurring as conductive zones."
Globex also announced that its executive committee has organized the Company's operations into two distinct business segments: (i) Mining Exploration and Development and (ii) Ethanol technology development. This operational structure will allow Globex to effectively manage both of its businesses by allocating the personnel and resources as per the requirements of each segment.
Globex's Ethanol technology segment involves the development of an innovative pre-treatment method for the production of bioethanol. This process is an integral part of the biomass conversion method to produce ethanol from cellulose waste products; namely residues from crops, wood chips and pulp & paper. By transforming wood waste into bioethanol, it is a win-win scenario - greenhouse gases are reduced, air quality is improved and the forest and pulp & paper industries valorize their residues.
Globex is currently negotiating the terms related to the licensing of its leading-edge ethanol technology, with high level US public authorities. The vision of Globex's ethanol division is to identify new sources of energy and develop alternative 'green' energy solutions that not only protect but enhance the environment.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
-------------------------------------------------------------------------------- Source: Globex, Inc.
Posted by Jlizard on :
This ones strong today, just freed up some funds to buy more. This one should be a good runner soon!
Posted by cassity on :
This will make RGNO look like childs play. I'm in both, but this thing moves with the quickness! Last time it went up 1000% on 4 million in volume. Happen to know without a doubt the entire float is being held by some friends of mine. An who...keep your eye on this, it will be movin REAL soon! GLTA
Posted by Jlizard on :
We're both in RGNO and GLXI cassity, great last few days, better days to come. I still need some more GLXI, Ive been buying small blocks as funds free up. GLTA buddy
Posted by a surfer on :
Volume beginning to pick up on this now! Up 28%
Posted by tmanfromtexas on :
I am not one to play the MM card but it sure seems like they or someone wants to keep this under 10. Maybe the flippers are keeping it in this range. It is a great flipping stock. TMAN...
Posted by cassity on :
quote:Originally posted by tmanfromtexas: I am not one to play the MM card but it sure seems like they or someone wants to keep this under 10. Maybe the flippers are keeping it in this range. It is a great flipping stock. TMAN...
Look at the L2's VERY thin all the way to .55!! This breaks .10 and it will be very exciting!
Posted by cassity on :
Movin up, LOSTONE did you end up getting in?
Posted by Jlizard on :
I picked up a few more today on a small dip, wouldnt mind a few more.
Posted by cassity on :
.095 getting hit! L2 lineup 1(.09) 1(.0985) 2(.10) 1(.14) 1(.25)
Posted by cassity on :
.095X.098
Posted by cassity on :
.0985X.10
Posted by cassity on :
Only 2 mm's left at .10!!!
Posted by a surfer on :
might buy more here....
Posted by cassity on :
quote:Originally posted by a surfer: might buy more here....
Just look at the L2's, will be fun after .10!
Posted by a surfer on :
is that your 25 bucks worth cassity???
Posted by a surfer on :
YIPEEEEEEEE got 25k more!!!!!
Posted by cassity on :
quote:Originally posted by a surfer: is that your 25 bucks worth cassity???
NOPE! But we just moved to .11!!!
Posted by cassity on :
.105 X .11!!
Posted by cassity on :
Looks like NITE is playing hardball again! POS
Posted by lostone on :
quote:Originally posted by cassity: Movin up, LOSTONE did you end up getting in?
noooooOOOOo =( i had to go to my rotations this morning.. just got back.. nice gains..
Posted by cassity on :
Bid beginning to build at .10. We'll see .13 soon IMO!!
Posted by cassity on :
40%..not a bad beginning!!!
Posted by SherriT on :
Very nice day guys - I should have funds tomorrow so we'll see how the day starts off. Congrats!
Posted by cassity on :
quote:Originally posted by SherriT: Very nice day guys - I should have funds tomorrow so we'll see how the day starts off. Congrats!
Thanks Sherri! Hope things are going very well for you! GLTY
Posted by dog on :
Everyone in a good mood? Wait til next week.
Float was gone last week... this is a puppet show, soon to get hit with a baseball bat.
Posted by a surfer on :
quote:Originally posted by dog: Everyone in a good mood? Wait til next week.
Float was gone last week... this is a puppet show, soon to get hit with a baseball bat.
I am ready Dog
Posted by cassity on :
Surfer, you've got mail..>BEIOCH!! LOL
Posted by a surfer on :
quote:Originally posted by cassity: Surfer, you've got mail..>BEIOCH!! LOL
You mean there are post offices where you live???? Posted by dog on :
Heya surf... check out "Locusts" board on the iflubster.
You are going to have a ride....
Posted by cassity on :
quote:Originally posted by a surfer:
quote:Originally posted by cassity: Surfer, you've got mail..>BEIOCH!! LOL
You mean there are post offices where you live????
Yeps, and we's even gots a WALMART!!!
Posted by cassity on :
Food for thought!!
Posted by: Klonopin2mg2000 In reply to: None Date:2/15/2007 10:54:34 PM Post #of 1385
and old saying that just came to mind....
"Wrap Your Head Around The Facts", these are facts....
Posted by: Stock Lobster In reply to: lifegear who wrote msg# 15842 Date:2/15/2007 7:38:08 PM Post #of 15878
GLXI: Authorized Shares : 100,000,000 as of 2/13/2007 OUSTANDING Shares : 34,720,250 INSIDER shares : 31,220,250 (restricted) PUBLIC FLOAT : 3.5 million
Transfer Agent:
Manhattan Transfer Registrar Co., Holbrook, NY 11741 631-928-7655
Posted by a surfer on :
MACD crossed above 0. accum going up. hmmm. TMAN...
Posted by cassity on :
Lookin strong today!!! Good morning ALLSTOCKS!! Mornin surf!
Posted by cassity on :
.11 X .13
Posted by cassity on :
.12X.14
Posted by a surfer on :
weeeeeeeeeeeeeeeeeeeee!!!!!!!!!
Posted by Wit on :
You guys can go to the .11 & up board now. Posted by a surfer on :
quote:Originally posted by Wit: You guys can go to the .11 & up board now.
Nah... This one keeps us humble.
Posted by cassity on :
quote:Originally posted by Wit: You guys can go to the .11 & up board now.
Smarty pants!! Posted by Wit on :
You should be happy, very few here get to go there.
.014 Posted by cassity on :
A little DD:
Posted by: pinarello In reply to: None Date:2/16/2007 6:10:56 AM Post #of 1458
Ok guys what do we have here ?? …
1)222 claims bought in the ungava province sector 24L01 (verified)
2)Another 109 claims will be acquired (verified).
3)Ethanol (biofuel) play still in place and running. (verified)
4)Possible short position… Why? Stock was trading over 2$ some moths ago and without substantial reason dropt to .012 (squeeze imminent, will soon see)
5)The name change, cusip change symbol change will occur with the next 3 weeks. Again all shares will be accounted for, shorts will have to cover
6)A nobo list was ordered last Friday. Management is going to help us with this squeeze
7)We will be getting GEO reports from both sites very soon
8)The finds are multiple metals including Uranium, Silver, Zinc and Gold. Significant amounts, geo report will back this up.
9)The drilling will start this spring once the snow is diminished.
10)Non-dilutive financing already in place which is huge, in addition they have a good cash position and are working on updating financials along with this acquisition with an AMEX goal.
11)Just turned down a huge buyout because of this new lucrative opportunity, uranium is booming right now
12)Very LOW FLOATER and many if not all float shares hold by locust group
This is a 1$+ stock IMO
Feel free to add more to the list if you know more…
All this things where confirmed by people talking to Company’s IR.
This is not a buy or sell advice, do your own DD.
Posted by cassity on :
.14X.15 >>> .18 is the former resistance point, through that should be amazing. 5mm's to .20!!
Posted by a surfer on :
you like this stock???? LOL
Posted by SherriT on :
Looks like another strong day for you guys...funds are here, but looks like I have already missed the boat on this one....keeping my fingers crossed!
Posted by cassity on :
Here's an update from a guy who met with management of GLXI today. I spoke to him last night and this is great news:
Posted by: Klonopin2mg2000 In reply to: None Date:2/16/2007 10:53:07 AM Post #of 537
GLXI GREAT NEWS! i have confirmed the company has filed for name change in the Great State Of New York.....as
UMINING RESOURCES, INC
FILED IN NEW YORK! not in nevada as some expected!
name change and NEW CUSIP coming! symbol change shortly thereafter....
also...WATCH for new names coming into the picture with GLXI in the "NEAR" future.
That's all i can say....
READ BETWEEN THE LINES FOLKS!!!!
THIS IS GREAT! and it's just the begining..
i have another call to make this afternoon.....but i must get some sleep now.....
talk soon my fellow shareholders and locusts.
my rec is NOW A BUY! CONFIRMED! and as always 100% at ease..
WOW!
chuck in AZ!
Posted by a surfer on :
buys above the ask????
Posted by cassity on :
This is on the move again!!!
Posted by NEL on :
Are you in this cassidy? At what PPS?
Posted by a surfer on :
whoa...... getting hit now!!!
Posted by tmanfromtexas on :
I sold a few thousand so I could ride free. The stock was picked up so fast, I think it was sold before I hit the sell button. Holy Crap. I have never had a stock picked up that fast. BUT freebies are always the way to go. TMAN...
Posted by a surfer on :
.15-.16!!!!
Posted by a surfer on :
quote:Originally posted by tmanfromtexas: I sold a few thousand so I could ride free. The stock was picked up so fast, I think it was sold before I hit the sell button. Holy Crap. I have never had a stock picked up that fast. BUT freebies are always the way to go. TMAN...
They are desperate for shares...super bad!!!
this could go........oh should I say it..........................
TO DA MOON.........LOL
I had to.
Posted by cassity on :
quote:Originally posted by NEL: Are you in this cassidy? At what PPS?
Yes, I'm in at .07 and .09! I'm holdin for future EVENTS!! GLTY
Posted by a surfer on :
quote:Originally posted by cassity:
quote:Originally posted by NEL: Are you in this cassidy? At what PPS?
Yes, I'm in at .07 and .09! I'm holdin for future EVENTS!! GLTY
Get back to class boy!!!
Posted by cassity on :
They want to keep this under .18!! That's major resistance, that wall at .16 is B/S..it'll fall!!
Posted by cassity on :
Man it's hard to concentrate on school work!!
Posted by a surfer on :
quote:Originally posted by cassity: Man it's hard to concentrate on school work!!
Quit school then....
Posted by cassity on :
quote:Originally posted by a surfer:
quote:Originally posted by cassity: Man it's hard to concentrate on school work!!
Quit school then....
Thinkin about it!! LMAO
Posted by cassity on :
.16X.17....lots of room to run after .20!!
Posted by a surfer on :
oh yea 1 left on .17!!!!!
Posted by lostone on :
damn, just got home and my limit for .16 is gone and it's still going up! o well, i got a little profit, good start, glta, thanx Cass!
Posted by cassity on :
quote:Originally posted by lostone: damn, just got home and my limit for .16 is gone and it's still going up! o well, i got a little profit, good start, glta, thanx Cass!
Right on....I'm glad you made some money on this. Felt horrible after RGNO! I'll keep in touch!! NICE JOB. I'm holding for a dollar!!
Posted by lostone on :
omg, i hope it dips, next week, so i can get back in, if u're holding, then i should have held too.. i'm doubting that it will dip tho..
Posted by a surfer on :
.17-.18 no make that .17-.19!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by SherriT on :
Now I am feeling like a dummy for not buying at .13 today (But I am SOOOO happy for my friends!)
Posted by a surfer on :
quote:Originally posted by SherriT: Now I am feeling like a dummy for not buying at .13 today (But I am SOOOO happy for my friends!)
Sherri you are one classy human being!!!
911 trade.
Posted by cassity on :
about to break into the .20's!!!!
Posted by tmanfromtexas on :
COME ON WITH IT!!!!! Woohoo. TMAN...
Posted by a surfer on :
OMG!!!!!!!!!!!!!
Posted by cassity on :
mm's active up to .55...only 7 of them!! HA!
Posted by SherriT on :
OK gang, I'm in at .20 - let's get my party started early!
(OT: BTW, for those of you who knew I was going to Mardi Gras last night - we CLEANED UP! - going again tonight - WAHOO!)
Posted by lostone on :
geeez Cass! your heart must be on overdrive seeing this, mine would.. man, almost tripple for u.. wow..
Posted by lostone on :
quote:Originally posted by SherriT: OK gang, I'm in at .20 - let's get my party started early!
(OT: BTW, for those of you who knew I was going to Mardi Gras last night - we CLEANED UP! - going again tonight - WAHOO!)
I live near Veterans! lol.. planning on going to the parades again tonite..
Posted by cassity on :
quote:Originally posted by lostone: geeez Cass! your heart must be on overdrive seeing this, mine would.. man, almost tripple for u.. wow..
Pretty exciting...I'm very excited for next week. It'll dwarf this week!!
Posted by a surfer on :
Bundle up!!!! Its COLD!!!!!!!!!
Posted by SherriT on :
quote:Originally posted by lostone:
quote:Originally posted by SherriT: OK gang, I'm in at .20 - let's get my party started early!
(OT: BTW, for those of you who knew I was going to Mardi Gras last night - we CLEANED UP! - going again tonight - WAHOO!)
I live near Veterans! lol.. planning on going to the parades again tonite..
Different Mardi Gras, but fun just the same! Hope you have a blast!!!
Posted by cassity on :
Heck ya! .20's are thinning out!!!
Posted by SherriT on :
I wish we could add about 15 minutes to EOD and see where we would be....
Posted by cassity on :
quote:Originally posted by SherriT: I wish we could add about 15 minutes to EOD and see where we would be....
Don't worry...tuesday will be BIGG!!!
Posted by lostone on :
quote:Originally posted by SherriT:
quote:Originally posted by lostone:
quote:Originally posted by SherriT: OK gang, I'm in at .20 - let's get my party started early!
(OT: BTW, for those of you who knew I was going to Mardi Gras last night - we CLEANED UP! - going again tonight - WAHOO!)
I live near Veterans! lol.. planning on going to the parades again tonite..
Different Mardi Gras, but fun just the same! Hope you have a blast!!!
DOh! why do i keep thinking only in New Orleans.. lol.. u have a good one
Posted by SherriT on :
quote:Originally posted by cassity:
quote:Originally posted by SherriT: I wish we could add about 15 minutes to EOD and see where we would be....
Don't worry...tuesday will be BIGG!!!
Not worried a bit - just love to watch these babies RUNNNNN!
Posted by SherriT on :
quote:Originally posted by a surfer:
quote:Originally posted by SherriT: Now I am feeling like a dummy for not buying at .13 today (But I am SOOOO happy for my friends!)
Sherri you are one classy human being!!!
911 trade.
BTW, thanks for the compliment, Surf Posted by cassity on :
Off to work...talk to y'all this weekend. LATER!
Posted by a surfer on :
quote:Originally posted by cassity: Off to work...talk to y'all this weekend. LATER!
Later TEAM!!!
Posted by dog on :
Amazing day... nothing like next week and after... 4 is the magic number... bought all I could today!!
Posted by Jlizard on :
Nice finish today, sory I missed the action, was on the road all day. Cant wait til next week.
Posted by Mr. CATIAEngineer on :
Hey, i didnt notice the good thread going on here for GLXI. Im in as of last week and hoping to add some before this gets out of reach! This one has a lot of room to grow and the float appears to be bought up!
GLTA!
Posted by tmanfromtexas on :
I agree that this may have some room yet to run but I dont buy into the hype of other boards saying things like 2 posters own the float, etc. We all need to remember to protect our capital, dont fall for the hype and watch it very closely. If this was a big board stock that got beat down or even an .ob stock that reported regularly I wouldnt be as cautious but since it is a pink we need to play it smart. Catia, the above soap box wasnt for you btw. It is for newbies that may have fallen into this stock by luck or dd and think its the neatest thing since sliced bread.
I am still holdin...TMAN...
Posted by Mr. CATIAEngineer on :
Yea i follow ya Tman and its good to keep newbies "in the know" regarding board talk and such. Outside of what is being hyped up on the other boards i like the way it moves on low volume and stays there. I'll be more comfortable with it if it stabilizes and maintains new baselines.
Lots of talk about big news so it has my attention.....and its a darn nice diversion from CSHD Posted by dog on :
quote:Originally posted by tmanfromtexas: I agree that this may have some room yet to run but I dont buy into the hype of other boards saying things like 2 posters own the float, etc. We all need to remember to protect our capital, dont fall for the hype and watch it very closely. If this was a big board stock that got beat down or even an .ob stock that reported regularly I wouldnt be as cautious but since it is a pink we need to play it smart. Catia, the above soap box wasnt for you btw. It is for newbies that may have fallen into this stock by luck or dd and think its the neatest thing since sliced bread.
I am still holdin...TMAN...
The owners have offered to show their portfolios... trust me it's bought. Might be good or bad for us... know that we will always be the last ones out of this stock should we choose to be.
Just so you all know that all the big dogs with high share counts in this stock, know that we were the first to enter, and likely the last to exit from this stock. You see that the MM's drop the price quickly on any selling pressure, making selling large blocks foolish as the price would be dropped more than half with less than 20% of the float.
The company will be doing it's job, and it is our responsibility to practice proper trading etiquette. That is to let the stock appreciate to it's highest true value, and allow for balanced buying pressure and selling pressure and everyone can get out if they wish at the height of a long curve to parallel.
Please scale out slow and go along with the buying pressure should you choose to exit. Please do it in small blocks, and pay the extra commission to your broker, and let the market flow into your order AT THE ASK. Don't kill the stock by bidwhacking.
You are selling right if the stock continues to go up... no worries either as they have to buyback a ton of shares!
Did anybody read into the "outside offers" that were occuring for the claims held by Globex And they are owned by Globex.
Once you get a confirmed geologist's report of high grade uranium, possibly in veins and with no need to sift... we could get a $50 share offer from outside too.. LOL, it's a dream.
I'd take that right after symbol change and the shorts have been made to cover.
What if the company has already pulled a NOBO list? Would be great if they did one Friday. Just another message..."better start covering".
Did you see HDSN covering of Friday? I sure did. The float is 3.5 million shares. That's it. That's what must be reported to the TA as the cusip number changes. They have a ways to go... they need to buy shares back but don't want to give too much buying pressure... or she'll pop the biggest white candle of the year IMO.
The only way is North on this one right now. Just an opinion. Exit when you want... do it right though.
dog
Posted by dog on :
Can't wait to see a 20 plus million volume this week! Either way it's going to be a doozy.
Posted by dog on :
Tman.. don't you think it moves right with the buying pressure? It moves like a no floater. Volume will blow this up. IMO
Posted by will on :
"Please scale out slow and go along with the buying pressure should you choose to exit. Please do it in small blocks, and pay the extra commission to your broker, and let the market flow into your order AT THE ASK. Don't kill the stock by bidwhacking."
Kiss my what ?
LOL
fairytales.com might need another writer.
Posted by dog on :
Isn't it nice when your last trade on a stock is near or above your average sells... rather than way below the first?
Just a suggestion...
Posted by tmanfromtexas on :
Dog, I agree that it moved very well Friday on almost 2mm volume. It also fell from over 2 bucks since last May. Just remember pigs get slaughtered. TMAN...
Posted by cassity on :
I'm looking forward to Tuesday. We'll just have to wait and see what the company has in-store for us. GLTA
Posted by dog on :
Always protect yourself... scaling out on the way up to protect capital is always the best way.
Posted by 10of13 on :
quote:Originally posted by will: "Please scale out slow and go along with the buying pressure should you choose to exit. Please do it in small blocks, and pay the extra commission to your broker, and let the market flow into your order AT THE ASK. Don't kill the stock by bidwhacking."
Kiss my what ?
LOL
fairytales.com might need another writer.
Gotta agree here...for those that haven't played small floats...if you have a large position? these things fall as you sell out...it sucks...but don't think that people are going to sell "in small chunks" in order that the PPS won't drop...what good is that to the seller? The only ones it "saves" are the people still in and the brokers... Most peeps will say..."oh well, sorry dude!" What's the point in selling in small chunks if you loose your profits to commision fees?
Play it smart people! GLTA!
Posted by a surfer on :
I agree dollar. That is the biggest pump board Ive ever seen. LOL. Some poster was even throwing around 50 bucks a share. That would be sweet but I doubt it. On a side note... check out ckys. Some are saying it will open on the grays, some say the pinks and the nasdaq has it as a otcbb listed stock. I followed the link that had it listed with paim and some other stock and it actually was listed as an otcbb stock. Now that is a cluster. TMAN...
Posted by a surfer on :
Should be an interesting week ahead...
Posted by cassity on :
quote:Originally posted by a surfer: Should be an interesting week ahead...
OH YEA!!!
Posted by a surfer on :
Globex, Inc. Announces Completion of Acquisition Tuesday February 20, 8:00 am ET
NEW YORK, Feb. 20 /CNW/ - Globex, Inc. (GLXI: Pink Sheets), today announced that it has completed the acquisition of an additional 109 claims in the vicinity of Tasjujaq in Northern Quebec, Canada. This region has significant proven Uranium reserves, and major players including Uranor Inc. and Canadian Royalties Inc are already exploring sites in the area surrounding Globex's claims. ADVERTISEMENT
These territories are encompassing a definite concentration of activities with historical documented specifications that were the main core content of a long negotiation.
This specific acquisition forms part of our Company's plan to increase the key targeted sectors as part of our asset portfolio.
This will allow our team to subsequently publish the condensed conclusions of a voluminous report shortly.
(Statistic Canada source) Canada produces about one third of the world's uranium mine output, most of it from new mines located in Northern Quebec and Saskatchewan. After 2007, Canadian production is expected to increase further as more new mines come into production.
Management has decided to file the change of the name of the Corporation to "UMINING RESOURCES INC." in State of New York instead of Nevada as previously announced. The name change will become effective as soon as it has been approved by Regulatory and Governing authorities.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
For further information
Michel Benoit at (514) 288-8494, or via e-mail at globexenergy*umining.com
-------------------------------------------------------------------------------- Source: Globex, Inc.
Posted by dog on :
NITE on ask at .25
Posted by cassity on :
Give this until the end of the week, I believe you'll be glad you did....IMHO!!!
Posted by dog on :
agreed... building all week...
Posted by lostone on :
wow... kicking myself
Posted by SherriT on :
I'm in, but wishing I'd bought MORE Posted by cassity on :
quote:Originally posted by SherriT: I'm in, but wishing I'd bought MORE
I'm just glad your in!! Should be an amazing week...IMHO!!
Posted by a surfer on :
quote:Originally posted by SherriT: I'm in, but wishing I'd bought MORE
man, I am glad you got in Sherri!!!!
Posted by SherriT on :
Yep - I wasn't quite sure about that .20, but that is history for a while at least Posted by dog on :
You'll be fine Sherri...plenty of green left for you.
Posted by a surfer on :
Struggling a bit at .30 ......
I think the next push breaks the barrier.
Posted by dog on :
Wait til tomorrow, and the next day, and the next....
Posted by IMAKEMONEY on :
Posted by Mr. CATIAEngineer on :
Good luck getting orders filled with Etrade. I just spent 30 minutes with them on the phone, 3 times on hold and it ended with "Im sorry sir but i cant make this trade, I will have someone that CAN make the trade call you back as soon as possible". I doubt i will receive that call after the choice words I unloaded on this guy. Im driving over to the local Etrade office at lunchtime and they will either give me answers or drag me out kicking and screaming.
F'in Borkers
Posted by a surfer on :
quote:Originally posted by Mr. CATIAEngineer: Good luck getting orders filled with Etrade. I just spent 30 minutes with them on the phone, 3 times on hold and it ended with "Im sorry sir but i cant make this trade, I will have someone that CAN make the trade call you back as soon as possible". I doubt i will receive that call after the choice words I unloaded on this guy. Im driving over to the local Etrade office at lunchtime and they will either give me answers or drag me out kicking and screaming.
F'in Borkers
I know the feeling Catia. Don't get arrested. LOL
Posted by Mr. CATIAEngineer on :
By the way, i also tried to sell a small chunk of shares to test the waters.....same thing, CAN NOT SELL EVEN OVER THE PHONE! This thing is shorted big time IMO and someone is going to pay if this thing keeps climbing.
When i go to the office today im going to ask if i can have my shares in MY name as opposed to street name. I learned some valuable lessons with CSHD and ive learned to play hardball with the brokers...especially ones like Etrade who happen to have their own Market Maker.
IMO this is the short squeeze that CSHD was hoping for. The game is on, the float is bought up...lets see the squeeze!
Posted by stocktrader22 on :
so scottrade screwed me when it was back at .04 and I missed a 8 bagger.
Scottrade blows.
Posted by dog on :
there are no real shares available here... and it shows... they are trying to slow buying as much as they can.
Posted by cassity on :
Well dog, we know they won't be able to slow it for much longer!! You can't stop what's coming!!
Posted by SherriT on :
Looks like they are going to fill the gap....
Posted by Uncle Smelly on :
Don't be surprised if the close is even or red today.
If this was an OTCBB we would be over .50 by now, but it's a pink and the MM's are always in control. They will sink her to induce panic selling I believe. Just crazy!
Posted by 10of13 on :
Great flipper!
Posted by SherriT on :
I just bought a few more, thanks to IGAI being a good little stock this morning Posted by dog on :
Awesome entry here... volume will come with the news this week... bank on it.
Posted by dog on :
quote:Originally posted by Uncle Smelly: Don't be surprised if the close is even or red today.
If this was an OTCBB we would be over .50 by now, but it's a pink and the MM's are always in control. They will sink her to induce panic selling I believe. Just crazy!
That's a very good idea Smelly...LOL
Posted by cassity on :
Bid stacked 4(.21) X 1(.24)....TIME TO GO UPPPPP!
Posted by 10of13 on :
quote:Originally posted by cassity: Have to give props to BEANO.
Hey Fellas - A monster in the making totally under the radar right now with some huge news coming out late this week - early next. Spoke with the company for an hour yesterday, this one is gonna be big!
Ticker: GLXI O/S= 28.8 Million Float= 25 Million PPS: .012
- Yesterday they signed the deal and have acquired 200 claims (approx. 35 square miles of premium uranium rich land in N. Quebec) - Geologists reports coming next week. Preliminary results thusfar are huge. - They currently have 4 accoutants and 3 geologists working to finalize everything and are planning a PR campaign launching the new business model in the next two weeks. - For tax purposes they are developing a Canadian sister company and go through a name and symbol change to better identify themselves with their new business. - Non-dilutive financing already in place which is huge, in addition they have a good cash position and are working on updating financials along with this acquisition with an AMEX goal. - Just turned down a huge buyout because of this new lucrative opportunity, uranium is booming right now. - This will be huge over the next month as the new PR campaign launches, just thought i'd give you a heads up early!! __________________ "Research is the key to victory, knobias, hot stock market, microcap bulls, and microcap trade are the tools for success"
So the float is 25M? and this has moved .10 up and down on volume of only 2.16M? Interesting...
Posted by cassity on :
quote:Originally posted by 10of13:
quote:Originally posted by cassity: Have to give props to BEANO.
Hey Fellas - A monster in the making totally under the radar right now with some huge news coming out late this week - early next. Spoke with the company for an hour yesterday, this one is gonna be big!
Ticker: GLXI O/S= 28.8 Million Float= 25 Million PPS: .012
- Yesterday they signed the deal and have acquired 200 claims (approx. 35 square miles of premium uranium rich land in N. Quebec) - Geologists reports coming next week. Preliminary results thusfar are huge. - They currently have 4 accoutants and 3 geologists working to finalize everything and are planning a PR campaign launching the new business model in the next two weeks. - For tax purposes they are developing a Canadian sister company and go through a name and symbol change to better identify themselves with their new business. - Non-dilutive financing already in place which is huge, in addition they have a good cash position and are working on updating financials along with this acquisition with an AMEX goal. - Just turned down a huge buyout because of this new lucrative opportunity, uranium is booming right now. - This will be huge over the next month as the new PR campaign launches, just thought i'd give you a heads up early!! __________________ "Research is the key to victory, knobias, hot stock market, microcap bulls, and microcap trade are the tools for success"
So the float is 25M? and this has moved .10 up and down on volume of only 2.16M? Interesting...
Most of those shares are held by insiders. Shares available for trading is approx. 3.5 million. I know 4 guys that combined own more than 3.5 million. Makes you wonder why we're seeing NITE screwing with things. Wait until this gets some BIG news, and you'll see why we are holding!!
Posted by Uncle Smelly on :
I'm calling a red close today, with a panic sell off tomorrow am.
Then when we settle we should begin the rise upwards. A bunch of freaks calling themselves "The Locusts" were pumping the hell out of this one.
Looks like the MM's brought out the bug spray!
I'm still holding my shares, but if we dip below .20 watch out!
Posted by 10of13 on :
quote:Originally posted by Uncle Smelly: I'm calling a red close today, with a panic sell off tomorrow am.
Then when we settle we should begin the rise upwards. A bunch of freaks calling themselves "The Locusts" were pumping the hell out of this one.
Looks like the MM's brought out the bug spray!
I'm still holding my shares, but if we dip below .20 watch out!
"The Locusts"? So that was what the other poster meant by a plague? Where are these guys from? They must have all decided to bail? Seems to be allot of attention on this one though...Hard to say what it will do... Take profits...protect capital...that's about all anyone can do in these pennies! If someone is pumping it? get in and get out...never hold! US? you should know that one from CSHD!... GLTA!
Posted by 10of13 on :
Cassity? You said; "Most of those shares are held by insiders. Shares available for trading is approx. 3.5 million. I know 4 guys that combined own more than 3.5 million. Makes you wonder why we're seeing NITE screwing with things. Wait until this gets some BIG news, and you'll see why we are holding!!"
How do you know this.."Shares available for trading is approx. 3.5 million" And What BIG news? TIA!
Posted by cassity on :
quote:Originally posted by 10of13:
quote:Originally posted by Uncle Smelly: I'm calling a red close today, with a panic sell off tomorrow am.
Then when we settle we should begin the rise upwards. A bunch of freaks calling themselves "The Locusts" were pumping the hell out of this one.
Looks like the MM's brought out the bug spray!
I'm still holding my shares, but if we dip below .20 watch out!
"The Locusts"? So that was what the other poster meant by a plague? Where are these guys from? They must have all decided to bail? Seems to be allot of attention on this one though...Hard to say what it will do... Take profits...protect capital...that's about all anyone can do in these pennies! If someone is pumping it? get in and get out...never hold! US? you should know that one from CSHD!... GLTA!
The locusts is a group of people on IHUB. Yes, I'm a locust...LOL, and NO! we have not bailed. The news should be out this week.....JMHO!
Posted by cassity on :
Great day...the rest of the week will be interesting...GLTA
Posted by a surfer on :
Investor Relations: For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at globexenergy*umining.com
Authorized Shares : 100,000,000 as of 2/13/2007 OUSTANDING Shares : 34,720,250 INSIDER shares : 31,220,250 (restricted) PUBLIC FLOAT : 3.5 million
Transfer Agent:
Manhattan Transfer Registrar Co., Holbrook, NY 11741 631-928-7655
10 of 13 here are the figures.
Posted by 10of13 on :
Cass? you're a locust? so you are a "bug"...j/k! Sounds like it could be great... But that jump in PPS and the fall might scare peeps from entering again...IMO Thanks for the info a surfer! 3.5M? pretty low! Let's hope that news comes...and all will be happy! Have a great day all!
Posted by Uncle Smelly on :
Well I was wrong about the red close, I was sure that dirty NITE would try and paint the tape. I still think tomorrow we'll go red and that will be a great buying opp.
My shares are from .08 so I'm in good shape, I really didn't learn anything from CSHD other than just keeping buying Pinks until one of them makes me rich or I go broke.
I do think those 'Locusts' hyped this way too much, had they just shut their filthy little insect mouths we might have suprised the MM's and run over .40.
Tomorrow is another day !
Posted by tmanfromtexas on :
Guys, its a pink. who buys a pink above .20? Not many people. If it holds above 20 for a day or two more, maybe folks will start dribbling in and give some support at this price. I also think that alot of folks that bought in Friday probably got out today. If thats the case then we may have opportunity to move up from here. all my opinion of course. TMAN...
Posted by a surfer on :
Uncle Smelly you have to admit the idea of buying the float is a good one.
I agree with you 100% on the pumping issue.
Pumping ends with dumping in most cases.
I do think there is a great potential for a massive short squeeze here.
I am a locust too by the way..... bzzzzzzzzz.. it only costs $500 to join....J/K.
but you have not seen me pump this once.
Posted by Uncle Smelly on :
quote:Originally posted by a surfer: Uncle Smelly you have to admit the idea of buying the float is a good one.
I agree with you 100% on the pumping issue.
Pumping ends with dumping in most cases.
I do think there is a great potential for a massive short squeeze here.
I am a locust too by the way..... bzzzzzzzzz.. it only costs $500 to join....J/K.
but you have not seen me pump this once.
Buying the float is a great idea - except for Pinks! First off, the MM's can and will NS it to death. Secondly, GLXI could turn around tomorrow and say we're increasing the A/S to 500 million to 'fund' operations - with no warning.
I agree that buying the float and holding it as a group can work, but not as easily on a Pink.
They bought the float and that got the pps to .32 today, but it wasn't good enough and it wasn't even near the wacky ass predictions those dirty insects were making.
Anyway I still think this is a good stock, and am holding my shares. If we hit .15 I will sell to lock in profits though.
Posted by a surfer on :
LOL... maybe we should change the name to the Preying Mantis.
Posted by cassity on :
quote:Originally posted by Uncle Smelly:
quote:Originally posted by a surfer: Uncle Smelly you have to admit the idea of buying the float is a good one.
I agree with you 100% on the pumping issue.
Pumping ends with dumping in most cases.
I do think there is a great potential for a massive short squeeze here.
I am a locust too by the way..... bzzzzzzzzz.. it only costs $500 to join....J/K.
but you have not seen me pump this once.
Buying the float is a great idea - except for Pinks! First off, the MM's can and will NS it to death. Secondly, GLXI could turn around tomorrow and say we're increasing the A/S to 500 million to 'fund' operations - with no warning.
I agree that buying the float and holding it as a group can work, but not as easily on a Pink.
They bought the float and that got the pps to .32 today, but it wasn't good enough and it wasn't even near the wacky ass predictions those dirty insects were making.
Anyway I still think this is a good stock, and am holding my shares. If we hit .15 I will sell to lock in profits though.
Look at it this way, if what I believe is coming in the next couple of days, does in fact come, you'll see why people are so excited/pumping. If it does come, .22 will look extremely cheap!! Unfortunetly, anything can happen so we'll just have to wait. IMHO
Posted by cassity on :
For those of you who are wondering what we are looking forward to, go back and read previous PR's (about the last 3 months worth) and then read today's PR very carefully. Try to put it all together. GLTA
Posted by cassity on :
Good mornin! Won't be around too much today, but tomorrow should be a very BIG day!! GLTA
Posted by Uncle Smelly on :
Look at them tank this !
.15 Holy Cow ! Where are those Locusts, lol?
Posted by 10of13 on :
You called it yesterday US.... and it iS a great flipper!
Posted by a surfer on :
lol I sold enough to protect my capital already....
Posted by 10of13 on :
quote:Originally posted by a surfer: lol I sold enough to protect my capital already....
Posted by SherriT on :
I hope they tank it hard Posted by a surfer on :
quote:Originally posted by 10of13:
quote:Originally posted by a surfer: lol I sold enough to protect my capital already....
I knew you would like that 10.
I learned it from you MOM....
Posted by 10of13 on :
LMAO...it's good to know that at least someone listens! Posted by Uncle Smelly on :
quote:Originally posted by 10of13: You called it yesterday US.... and it iS a great flipper!
I knew yesterday when we really couldn't hold over .30 that someone was going to sell. It's just human nature and smart to take profits!
I'm waiting for a better price than .15, If I get it great, if not whatever...
Posted by lostone on :
wow.. it's coming back up.. did the ask ever touch .15??? i didn't see it.. man, that was a good entry.. i missed it..
Posted by a surfer on :
the lowest ask was .175.
man this thing is tough. must be the locusts......bzzzzzzzzz
Posted by cassity on :
The only thing that makes me nervous is the lack of bid support!!
Posted by SherriT on :
OK - then tell the locusts to back off so we can get a good buy Posted by cassity on :
Hey, where the heck did everyone go!! Still think we finish green, but I really don't care because come tomorrow and Friday, y'all will be kickin yourselves!!! HA HA
Posted by Uncle Smelly on :
C'mon SINK THE PINK !!!
So Uncle Smelly can buy more. I want some .15 shares!
I don't think we'll be sorry tommorrow or Friday - but ever should be in this come next week. GLXI put out some basic news yesterday, they should have held it off and let the pps run up on momo...
That news killed the run imo.
Anyway I have no doubt we will see $1 here soon, but not this week.
Posted by 10of13 on :
$1? US...Dude...are you going to start shouting "TO DA MOON"? Flip it and play the stock... flip it until it hits 1$(several weeks from now..if at all) but don't have the PPS be at .18-.20 and say $1 soon... that's a bit far fetched for a pink...
Posted by cassity on :
$1....comin soon....TO DA MOON!!!
Posted by 10of13 on :
quote:Originally posted by cassity: $1....comin soon....TO DA MOON!!!
LMAO...Where's my bug spray? Posted by Uncle Smelly on :
What happened at the end today was 2 Locusts starting buying big lots at .18 and kicked it up to close at .20
Had the market been open another 30 minutes it would have dropped right back to .18, that wasn't buying pressure it was one or two people trying to paint the close. Which they were able to do.
But I don't see what's going to hold it up tommorrow, it's obvious the MM's want this back down. The company has to come out with some big news to sustain this run beyond .20, these Locusts aren't going to be able to keep this up forever.
Posted by Uncle Smelly on :
LOL, now The Locusts are at each other's throats on the GLXI Ibub board... Some are admitting they took profits and looks like some were bid whacking. Too funny, human nature I guess!
Posted by cassity on :
quote:Originally posted by Uncle Smelly: What happened at the end today was 2 Locusts starting buying big lots at .18 and kicked it up to close at .20
Had the market been open another 30 minutes it would have dropped right back to .18, that wasn't buying pressure it was one or two people trying to paint the close. Which they were able to do.
But I don't see what's going to hold it up tommorrow, it's obvious the MM's want this back down. The company has to come out with some big news to sustain this run beyond .20, these Locusts aren't going to be able to keep this up forever.
Smelly, you'll see what will hold us up tomorrow!! Posted by cassity on :
What's even better than tomorrow is the following days after. Tomorrow is JUST THE BEGINNING!!! WHEEEEEEEEEEEEEE
Posted by a surfer on :
Globex, Inc. announces partial condensed release of geologic report and disclosing of more claims acquisition as part of February 20th contract Thursday February 22, 8:30 am ET
NEW YORK, Feb. 22 /CNW/ - Globex, Inc. (GLXI: Pink Sheets), today announced that within the agreement signed last February 20th, the Company acquired an additional 94 Uranium Territory Claims. These territories are located in Historical geologic area of "Greenville" South West Quebec, Canada.
ADVERTISEMENT
This specific area is currently constituted of gneiss powerfully metamorphosed in 2 formations: "Patribe and Force containing as well Quartz, Feldspath, Blotide and Hornblende.
Within the area, presence of radioactive signs were detected which constitutes the economical boost and concentrations of drilling activities are populating.
As of today the Grenville regional reports indicates an actual number of 0.075%U308 and a possible 544,000 tons in reserve.
In one zone results from samples taken in 12 trenches indicated a value ranging from 0.005 to 0.197%U308. In zone 2, the samples demonstrated a concentration of 1.4%U308.
Management stated: "There was a registration technicality to the agreement that was completed yesterday, and we are now able to proceed next week to a series of registration statements and filings, as the Company intends to accelerate the development phase."
Management also indicated that the current interest for our Company's activities is positive but at no time any advertising was made and the organization did not hire any IR Firms. Due to considerable information inquiries, the Company will use its best efforts to put its Web site on line shortly. "We want our shareholders to receive the information as it becomes available."
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
For further information
Michel Benoit at (514) 288-8494 or via e-mail at globexenergy*umining.com
-------------------------------------------------------------------------------- Source: Globex, Inc.
Posted by a surfer on :
.20 x.23
Posted by cassity on :
544,000 tons thats a lot of Uranium!!! With that said, this will be the beginning of several pr's. Each one building on the next and then to the grand-finally!! of course this is JMO!!
Posted by cassity on :
BTW: Go and look at what uranium is selling for!! Posted by a surfer on :
uhhhh I think that adds up to 90 billion dollars.
Thats $90,000,000,000......LOL
Posted by madmoney on :
this PR does not realy say anything? this does not appear to be an assay report just speculation based on mineral content? play the hype! take your profits!!
Posted by SherriT on :
well, that was short lived...
Posted by Uncle Smelly on :
quote:Originally posted by madmoney: this PR does not realy say anything? this does not appear to be an assay report just speculation based on mineral content? play the hype! take your profits!!
Absolutely correct. It's pure speculation at this point, this sounds very familiar, anyone remember QOIL? Ran from .10 to .80, now at .02 or so.
I think GLXI will have another big run, but this news was technically 'better' than Tuesday's and this run stalled before it ever reached .30
Some are claiming on Ibub that the PR is not fully out yet on the newswires, too late for today though. 95% of the traders watching this know about today's PR.
If nothing comes out tomorrow I see a red Friday, again I do think this will run hard at some point, but I'm calling a close today of .25 with a drop off tommorrow and a red close.
Posted by 10of13 on :
Repeat of this mornings news:
February 22, 2007 - 2:07 PM EST
GLXI 0.229 0.029
Today 5d 1m 3m 1y 5y 10y
Globex, Inc. announces partial condensed release of geologic report and disclosing of more claims acquisition as part of February 20th contract NEW YORK, Feb. 22 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced that within the agreement signed last February 20th, the Company acquired an additional 94 Uranium Territory Claims.
These territories are located in Historical geologic area of 'Greenville' South West Quebec, Canada.
This specific area is currently constituted of gneiss powerfully metamorphosed in 2 formations: 'Patribe and Force containing as well Quartz, Feldspath, Blotide and Hornblende.
Within the area, presence of radioactive signs were detected which constitutes the economical boost and concentrations of drilling activities are populating.
As of today the Grenville regional reports indicates an actual number of 0.075%U308 and a possible 544,000 tons in reserve.
In one zone results from samples taken in 12 trenches indicated a value ranging from 0.005 to 0.197%U308. In zone 2, the samples demonstrated a concentration of 1.4%U308.
Management stated: 'There was a registration technicality to the agreement that was completed yesterday, and we are now able to proceed next week to a series of registration statements and filings, as the Company intends to accelerate the development phase.'
Management also indicated that the current interest for our Company's activities is positive but at no time any advertising was made and the organization did not hire any IR Firms. Due to considerable information inquiries, the Company will use its best efforts to put its Web site on line by Friday February 23rd at noon. 'We want our shareholders to receive the information as it becomes available.'
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Globex, Inc. Announces Significant Concentrations of Uranium from Geologic Report on Grenville Claims
Friday , February 23, 2007 08:30ET
NEW YORK, Feb. 23 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced key technical details from the Geologic Report that was published yesterday on 94 of the Company's uranium claims situated in Grenville, Quebec, Canada. This announcement is in response to the considerable number of shareholder demands for a simplified and more understandable version that summarizes the major findings of the Geologic Report. The simplified Geologic Report statement is as follows:
1) The results indicated a possible 544,000 tons in reserves in 2 areas on our claims.
2) In zone 1, results from samples indicated a Uranium value ranging from 0.005 to 0.197%U308. In zone 2, the samples demonstrated a Uranium concentration of 1.4%U308.
3) These claims are located in the historic geologic area of "Greenville" South West Quebec, specifically in sector 31 J.
Management expects to publish additional geologic reports soon that are based on its previously acquired 326 Uranium Mining Claims in Northern Quebec, Canada.
Globex also announced that it will launch its corporate website at approximately 12:00 pm EST today. Shareholders may access the website at: www.umining.com. Management stated: "We hope our site will assist in providing more information to our shareholders, and our staff will endeavor to respond to every email inquiry that we will receive in the next couple of days."
The Company will continue to operate under the name "Globex Energy, Inc." until it receives formal approval for its name change to "U Mining Resources Inc." and a new CUSIP number from the relevant Governing authorities. Any similarities with the names of other Mining companies that contain the word "Globex" is purely coincidental and the said companies are not in any way linked to Globex Energy, Inc.'s activities.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
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. ADVERTISEMENT
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.
The Company launched his website last Friday 12:00 pm (www.umining.com) and indicated that as of Tuesday 5:00 pm the site received 4,363 visitors.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Posted by dog on :
Baltimore, MD - After uranium's record price jump this week, it looks like $100 per pound will come sooner than anticipated. And if you haven't established yourself in this bullish trend, you may want to reconsider your position.
Follow the Yellow Brick Road . . .
The spot price for uranium oxide gained $10 this week, reaching up to $85 per pound. This record increase was spurred by consistent supply shortfalls. The world's roughly 440 nuclear reactors need well over 150 million pounds of uranium every year.
So how much uranium do we currently produce?
Only about 100 million pounds. And the stockpile of uranium collected from disassembled nuclear weapons is declining fast.
To say the least, uranium is currently in a huge bull market - the price soared more than 800% over the last in four years!
The burgeoning nuclear industry has contributed to the tight supplies. And the emerging global energy crisis has thrown nuclear energy into the spotlight. While a few alternative energy sources are making headway, future global demand will require energy on a vast scale - something nuclear power can provide.
Consider these facts from the World Nuclear Association Symposium in 2001:
· 1 kg of firewood equals about 1 kWh of electricity
· 1 kg of coal or oil equals roughly 3 or 4 kWh of electricity.
· But 1 kg of natural uranium equals nearly 50,000 kWh of electricity!
Yet the spread of nuclear technology hasn't been the only factor in boosting uranium's price.
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Losing the world's largest undeveloped high-grade uranium project dealt a huge blow to uranium production. Before it flooded, Cameco's Cigar Lake operation was expected to produce about 18 million pounds of uranium annually. The mine would have supplied more than 10% of the world's current uranium demand.
Yet the flood in October makes for a shaky future. There is a possibility that the mine will be lost altogether. Next month, Cameco will release an updated report assessing the situation at Cigar Lake.
Even the best-case scenario would mean postponing production until 2008.
Play with the Big Boys
So it's too late to profit from this bull, right?
Trust me, that couldn't be further from the truth.
The Middle East may know about oil, but when it comes to uranium, the only choices for investment are either Canada or Australia. Together, those two make up roughly 45% of the world's uranium production.
And with such a shortfall in supply, the chances for tiny exploration companies to post tenfold profits are excellent.
One of the best parts of Australia's uranium boom is that China is drooling over the huge Aussie reserves. The land down under is set to supply the Chinese with 2,500 metric tons of uranium every year to fuel their nuclear program. But this isn't even a third of the Chinese demand!
Trust me, as the spot price for uranium approaches the $100 per pound mark, Australia's mining companies will explode. Uranium's growth has spurred the government to reconsider its policy of "no new uranium mines."
But whenever you look at the future of uranium, you'll always end up in Canada, which holds roughly 15% of global uranium reserves and is the world's leading producer.
So the opportunity to cash in is still there for the taking, since some of these tiny companies are virtually unknown. And the truth is that the vast wealth of natural resources in Canada provides smaller companies with the chance of tremendous growth.
...2SHEA
Posted by Lockman on :
.205x.21 Next stop .26?
Posted by a surfer on :
.22x.23 Looking solid!
.26 would be nice!
Posted by 10of13 on :
Movin' nice today!
Posted by redneck woman on :
Globex, Inc. Announces Discovery of Uranium Deposits in Chioak Formation near Tasjujaq, Northern Quebec Mar 2, 2007 9:45:00 AM NEW YORK, March 2 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced that its project team # 2, currently working in the Lake Cliff area near the town of Tasjujaq in Northern Quebec, has discovered several radioactive outcrops in an arkosic conglomerate on a surface of 1060 meters by 500 meters near Lake Cliff. The presence of Uranium concentration in sedimentary stratification are indicating 0.22% U308 through 7 trenches measuring 7 meters in length and surveys from 12 more trenches indicating 0.50% U308.
Management stated: "We were confident that we would uncover something in this area based on the information contained in the available historical geologic reports, but we did not expect it to be this significant. We still have a vast territory to explore in this Northern Quebec region and we intend to complete the field surveys within the next 20 days at which point we will assess the financial value of the area's proven reserves. In addition, our first project team is reporting that the drilling program in the southwest area is proceeding well."
The Company also announced that is pursuing the initial development of an alternative bioethanol technology based on recent positive results from its 90-day beta testing program. Management has retained the services of a specialized law firm to structure the basis of a licensing distribution contract concerning the commercialization of its proprietary bioethanol production systems in the US, Canada and South America.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
SOURCE Globex, Inc.
Posted by HerbL_Remdy on :
where did everyone go?
Posted by cassity on :
DID YA SEE DIS NEWS>>>HUGE!!!
GLXI -- Globex, Inc. Com (1 Cent) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Globex, Inc. Signs Asset Leverage Financing Agreement with Trimax Capital Group LTD.
NEW YORK, March 7, 2007 /PRNewswire-FirstCall via COMTEX/ -- Globex, Inc. (GLXI: Pink Sheets), today announced that it has signed a financing agreement with Trimax Capital Group LTD; a Calgary, AB Corporation. Pursuant to the significant Uranium discovery on 2 of its properties, Globex Inc. has negotiated an asset leverage program of structured notes based on the value of the proven reserves discovered.
The unique agreement establishes the basis of an ongoing open structured notes asset-based system. It allows Globex to obtain the required working capital to begin Uranium extraction via the proceeds from the notes and most importantly does not result in any share dilution and maintains the book value of the Company's reserves.
Trimax Capital Group LTD specializes in financing natural resource projects in the oil and gas and mining fields. Trimax's financing program is offered in collaboration with companies such as: Nomura, Pali Capital, Dresdner Bank, JJ Wall, and Bear Stearns among others financial organizations. For further information on Trimax visit: www.trimaxcapitalgroup.com.
Globex Management stated: "This agreement represents the first step towards generating significant revenues for our Corporation and permits us to save considerable time in this crucial phase of our development schedule."
Management also announced that is in the process of preparing both a SB-2 Filing and audited financial statements in order to become a fully reporting Corporation according to the standards set by the Governing authorities.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
SOURCE Globex, Inc.
CONTACT: please contact Michel Benoit at (514) 288-8494 or via email at info*umining.com. Alternatively, you may visit the corporate website at www.umining.com.
Copyright (C) 2007 PR Newswire. All rights reserved
-0-
KEYWORD: New York SUBJECT CODE: FNC
Posted by 10of13 on :
Was just going to post it Cass...Now can we get this puppy movin'?!
Posted by cassity on :
quote:Originally posted by 10of13: Was just going to post it Cass...Now can we get this puppy movin'?!
Well the boys still have the float completely wrapped up in this. Should move really nice today....IMHO!
Posted by dog on :
Check This Out:
Posted by: neilhk In reply to: neilhk who wrote msg# 5907 Date:3/8/2007 6:27:04 AM Post #of 6027
Company Valuation Comparison: Uranium Energy Corp: URME – OTCBB
Been looking at URME, for comparison purposes with GLXI. Have not gone into a lot of detail but many key points seem comparable.
If you check out the chart it has had a crazy year, Current share price $8.50
• Started trading on OTCBB in February 2006. • Fully reporting (but so will GLXI be soon). • Similar share structure, but larger float than GLXI. Authorized: 750,000,000 shares Outstanding: 28,327,338 shares Float: Less than 10 million (from a poster on URME Board) • URME production will not start until 2009. GLXI much sooner. • URME has 12.9 million pounds of historic uranium resource. May have more once their surveys are completed.
Keep URME in mind for when we find out more about GLXI’s probable reserves of uranium, when the full geological report is published. We cannot really assess the true potential value of GLXI until this info becomes available (+ potential of biofuels/ ethanol side of our business needs to be factored in of course:)
Extract from their website:
“UEC has acquired over 19,000 acres of property in six US states, containing 12.9 million pounds of historic uranium resources, with potential targets of 30.5 million pounds in additional resources being identified by the Company’s exploration databases. The Company’s foundation asset, located in Goliad County, Texas, has 5.2 million pounds of historically drill-indicated ISR-amenable uranium resources. This historical resource demonstrates potential to increase to over 15 million pounds. Development drilling and ISL mine permitting are ongoing with a view to commencement of ISR uranium production in 2009.”
GLTA
So they don't even have uranium yet.. just an uplisting to the OTCBB.
They are at $8.50.. no uranium yet, bigger float, less in reserves.. do the math.. I'm not even watching this crap. LOL
From URME PR.. no proof even!
"The Company's foundation asset, located in Goliad County, Texas, has 5.2 million pounds of historic and ISL-amenable (In Situ Leaching) uranium resource with potential targets of 10 million pounds in additional resources. Planning for the first phase of confirmation drilling and ISL permitting is underway."
confirmation drilling? you don't even know it's real? please... we'll be over $5 soon enough for me.. I'm getting more powder.. this is insane. Uplist this B please!!!!
dog
Posted by SherriT on :
Thanks for posting that dog. I've been watching URME a lot the last few days, and I appreciate having the comparison without having to dig for it (with all the weddings and birthdays going on this week, I am surprised I am even getting to read! LOL)
Posted by cassity on :
quote:Originally posted by SherriT: Thanks for posting that dog. I've been watching URME a lot the last few days, and I appreciate having the comparison without having to dig for it (with all the weddings and birthdays going on this week, I am surprised I am even getting to read! LOL)
I more surprised you know how to read!! LOL
Posted by SherriT on :
That's enough from the peanut gallery! LOL
After a day like this one, I almost want to hang up my trading shoes, but stocks like this just keep me watching...
Posted by cassity on :
quote:Originally posted by SherriT: That's enough from the peanut gallery! LOL
After a day like this one, I almost want to hang up my trading shoes, but stocks like this just keep me watching...
I know how ya feel, had the same kinda week!!! Hope things get better for ya soon!! Posted by SherriT on :
quote:Originally posted by cassity:
quote:Originally posted by SherriT: That's enough from the peanut gallery! LOL
After a day like this one, I almost want to hang up my trading shoes, but stocks like this just keep me watching...
I know how ya feel, had the same kinda week!!! Hope things get better for ya soon!!
Actually I was having a spectacular week, then lo and behold, my Choicetrade streamer appeared to be working, but it was for all but one stock....guess which stock wasn't? Yep - the one with the largest position that decided to dip quickly. I'm staring at the screen and until someone was kind enough to PM me to sell, I was oblivious. Hoping it will continue to go back up, but I still lost a chunk of money I'd made....
Of course, the fact that MMs had left it alone for a few days was surprising in itself - only today did they get the urge to attack it and screw everything up.
Posted by dog on :
Uranium production next week, cusip change filed and executed in 10 to 20 days, SB-2 filed soon with uplisting to OTCBB... we go North. IMO
Posted by dog on :
Wanna se what happens when a pinkie with uranium claims goes to OTCBB?
Check out URME. Closed near 8 bucks one year after uplist ... never produced any uranium.. say they may start mining in 2009.
GLXI has uranium production started next week.. uplisting soon.. what do you think GLXI PPS will do?
Posted by HerbL_Remdy on :
half as good as URME, and i'll have toes in the sand, drink in my hand.....and boss kissing my *$$ to get me to come BACK to work. LOL
Posted by 10of13 on :
We seems to be moving...what a wonderful thing!
Posted by 10of13 on :
Somethin' brewing here? Up 30%
Posted by SherriT on :
I was just wondering the same thing...haven't seen .30 in a while???
Posted by lostone on :
wow..
Posted by 10of13 on :
Would be great to keep this going!!
Posted by a surfer on :
quote:Originally posted by 10of13: Would be great to keep this going!!
Still going!! .30 X .32
Posted by dog on :
No worries... our claims will be getting the ever-so-important geology rating that will bring real mining investors in... this was what we needed to get the financing... proof is in the ground.. see below.. green days ahead. IMO
National Instrument 43-101
National Instrument 43-101 (NI 43-101) is a rule developed by the Canadian Securities Administrators (CSA) and administered by the provincial securities commissions that govern how issuers disclose scientific and technical information about their mineral projects to the public. It covers oral statements as well as written documents and websites. It requires that all disclosure be based on advice by a "qualified person" and in some circumstances that the person be independent of the issuer and the property.
A qualified person (QP) as defined in NI 43-101 as an individual who:
a) is an engineer or geoscientist with at least five years of experience in mineral exploration, mine development or operation or mineral project assessment, or any combination of these; b) has experience relevant to the subject matter of the mineral project and the technical report; and c) is a member in good standing of a professional association. NI 43-101, together with its Companion Policy 43-101CP and Form 43-101F1 Technical Report can be downloaded from the Canadian Council of Professional Geoscientists website.
NOTE: Members are reminded that NI 43-101 is currently under revision. Many organizations, including APGO, have submitted comments and suggestions for consideration.
The definitions of resources and reserves approved by the Canadian Institute of Mining, Metallurgy and Petrolum and adopted by NI 43-101 are available from the Standards and Guidelines section of the CIM website.
Frequently Asked Questions (FAQ's) on NI 43-101, originally released October 19, 2001 and updated January 24, 2003 to include a clarification on the status of Ontario Geoscientists, can be downloaded below: CSA Staff Notice 43-303, FAQs, revised February 8, 2002 (pdf size: 10 kb) CSA FAQs, NI-43-101 revised January 24, 2003 (pdf size: 213 kb)
Posted by Uncle Smelly on :
.40 this week?
Posted by dog on :
possibly...
Posted by SherriT on :
OK - I am back in now - start the party! LOL
Posted by a surfer on :
WOW!
Posted by dog on :
looking strong.. love the gap.. no shares here!
Posted by SherriT on :
Ask at .37 - this one is starting to make me happy. No runs on news, just running on plain goodness
(Edit: Make that a print at .38!!!!)
Uncle? Think you may be right on the money!
Posted by dog on :
close .39 another excellent day... more news on they way to 80 cents.. looking forward to tomorrow!
Posted by Uncle Smelly on :
quote:Originally posted by SherriT: Ask at .37 - this one is starting to make me happy. No runs on news, just running on plain goodness
(Edit: Make that a print at .38!!!!)
Uncle? Think you may be right on the money!
Nice, .40, I thought by Thurs but I'll take it today. Rumor is that this is worth .80 right now. Still holding, I think we'll see a little red tomorrow and then more upside the rest of the week.
News of course could propel this, dare I say...
TO DA MOON! Posted by dog on :
news in am...... much more to come
Posted by 10of13 on :
News in the am? That may explain the climb the past couple of days...it may also mean red..you know..buy on rumor...sell on news?
Hopefully it will be GREAT news and continue the climb...although...I would like for it to come back down to grab more... Posted by dog on :
this news is kinda like..great..no I buy more.. cusip change, sb-2 with OTCBB uplisting , plus uranium production on the way... I'm not a flipper as I don't like to babysit.. I'll wait til a stable level before deciding what to do..
go ahead and sell on news.. MM's love the shares.. plus many of us are still buying
good luck to all
Posted by a surfer on :
GLXI: Market Advisors Research Report Wednesday March 14, 8:30 am ET ---------------------------------------- Stock Symbol- GLXI.PK Shares- 32,000,000 Market Cap $6,400,000 Recent Price- $0.20 Intermediate Term Price- $0.81 Web Site - www.umining.com Phone- 514-288-8494 ----------------------------------------
TORONTO, March 14 /PRNewswire-FirstCall/ - NEWS FLASH: As gas prices soar higher and higher, there is a coincidental bull market in uranium prices. The fundamentals for uranium going forward are tremendous, both on the demand and supply sides of the equation, and it has become apparent that demand will not be going away any time soon. The world is starting to see that we are quickly running out of cheap energy sources and that there appear to be no commercially viable solutions to make up for the shortfall - except for uranium. Investors are in a unique position to benefit from the bullish long-term prospects for uranium. Small-cap stock buyers can participate by investing in shares of junior exploration mining companies like GLXI. Be patient and allow time for growth.
Globex, Inc. (GLXI.PK)
Investment Highlights - GLXI was incorporated in the State of New York in 1999. In February, the Company filed documentation for a new listing on the OTCBB and a name change to U Mining Resources Inc. - GLXI recently signed a financing agreement with Trimax Capital Group LTD, a Calgary, AB Corporation. This gives GLXI the working capital it needs without using any assets.
Globex, Inc. is an emerging uranium corporation and their story is one of the more compelling ones in the small-cap E&P sector. Therefore we rate Globex very favorably with an intermediate-term price object of $0.77. This is based on the company's recent discovery of uranium and the implications of such a find. Two factors remain clear regarding Globex. First, we think that the prospects for their Grenville property in Southwest, Quebec remain excellent, and uranium is likely to play a significant role in the future for nuclear energy projects in the United States. Secondly, Globex appears to have found a significant amount of uranium, in our opinion, and should play a key role in the U.S.'s energy future. For internal planning purposes, management believes stepped up production growth is achievable through their exploitation activities.
Uranium companies have a great opportunity right now because the demand is about 180 million pounds a year worldwide, and the supply is about 140 million pounds. This shortfall means any significant strike will surely have a major impact for shareholders. We believe Globex is one of a few with excellent odds to capitalize on the current conditions within their properties.
The Importance of Uranium
Not surprisingly, the price of uranium has risen from $8 a pound to over $70 a pound today. Analysts agree that it is just a matter of time before it tests the $100 range and higher. There is also mounting pressure these days to cut down on carbon emissions, making uranium a prime source of energy. There are now about 30 pending license requests for the construction of new nuclear power plants in the U.S. Here are a few more reasons why uranium is today's profitable energy alternative:
1. Oil and gas are rising in price too fast these days and are subjected to supply interruptions 2. Coal is seeing a decline in mine production as hydroelectric generation and nuclear power have made strong gains 3. Wind power is beset with regulations and has to be heavily subsidized 4. Fuel cells are still in the infancy stages, and bringing down the first cost is the primary goal of the fuel-cell industry 5. Uranium-derived electricity accounts for roughly 20% of the world's power grids
We believe GLXI is poised for superior growth primarily because of two key ingredients - assets and people. We have established an intermediate-term price target based on today's current share price of $0.20 to $0.81. If this target price can be achieved, and so much relies on the company effectively carrying out its business plan, investors could enjoy a return of around 285%. In our view, Globex's potentially dominant positioning in its focused operating areas, viable inventory levels, and balance between mining of uranium and ethanol production provide the company a competitive advantage in the junior mining sector.
ANALYST-Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have been frequently quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, The Dick Davis Digest, Moniresearch and many others. We have on staff the former editor of the Marketarian Newsletter, a nationally syndicated stock market newsletter published over twenty years.
The information and opinions in this analyst report were prepared by Market Advisors, Inc. (located in Nebraska) who does receive fees for services including preparation of this report. For this report, officers of Market Advisors Inc. received $3,500 from D Wetzel Consulting for this research report. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. Market Advisors, Inc. does not disseminate, nor is it liable for the dissemination by any third party of this analyst report.
-------------------------------------------------------------------------------- Source: Globex, Inc.
Posted by a surfer on :
wow bleeding today... .32 x .33
Posted by SherriT on :
I sold high - hoping it will get back down to the low 30s one more time...
Posted by tmanfromtexas on :
Sherri, your such a flipper. lol. I got back in at .35. Lets hope there is some momo. TMAN...
Posted by SherriT on :
Actually, I am not. I have successfully flipped about three times in my trading career. I like the nice steady gainers....
OT: Look at my BTEM thread in the Hot Stocks area for an example And no, I am not PUMPING!
Posted by 10of13 on :
March 22, 2007 - 10:32 AM EDT
close Email this News Article Your Name Your Email Friend's Name Friend's Email Receive Copy: yes
GLXI 0.29 -0.01
Today 5d 1m 3m 1y 5y 10y
Globex, Inc. Announces Appointment of New Board Members and Provides Update on Plans to Uplist from the Pink Sheets NEW YORK, March 22 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets) is pleased to announce the appointment of Mr. Jonathan Morrone and Mr. Craig A. Calaman to the Company's reconstituted Board of Directors. They will serve as non-executive directors on the Board.
Jonathan Morrone
Mr. Morrone has spent his career working with notable securities firms such as Dean Witter, Hambrecht and Quist, and Gruntal. He has been instrumental in providing guidance, raising capital and developing strategies for Boston-based BioDefense Corporation, a developer of biotechnology protection devices for homeland defense. Mr. Morrone graduated from Northeastern University where he studied International Finance and Asian Studies and Chinese.
Craig A. Calaman
Since March of 1992, Craig has been affiliated with the Professional Conduct Committee of the New Hampshire Supreme Court as the forensic auditor. In this capacity, he is charged with evaluating the internal controls and monitoring the fiduciary relationships of legal entities and their clients to determine if they conform with the proper accounting rules in general, and the proper NH Supreme Court Rules in particular. He holds a Master of Science degree in International Business from New Hampshire College, located in Hooksett, NH. He is a certified public accountant, licensed by the State of New Hampshire.
Management is honored to have such high profile businessmen joining its team. These two directors will be appointing three new board members to complete the team in the next couple of days.
The Company is relocating its corporate headquarters to Orlando, Florida, and will open a project management office in Northern Quebec to commence its extraction operations.
Globex also announced that the internal financial statements will be completed by next Monday and made available to auditors and finance organizations. Finally, in order to protect shareholder value from potential naked shorting of the stock, the Company is currently evaluating other means to accelerate its achievement of reporting status.
Forward-Looking Statements
Posted by 10of13 on :
March 27, 2007 - 10:32 AM EDT
Globex, Inc. Announces Decision to File Disclosing Statement Form 10 to Attain Bulletin Board Status Company Takes Immediate Action to Protect Shareholders' Interests NEW YORK, March 27 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets) today announced that it has ultimately decided to file form 10 in order to become reporting and attain OTC Bulletin Board status. After evaluating the various potential measures to attain this goal and subsequent to legal and accounting counsel, management believes that the best method to uplist the Company's shares in a realistic and timely manner is to file an internal disclosing statement via form 10.
This concerted decision involves the completion of audited financial statements; the disclosure of current control stock positions; and the nomination of executive officers, namely a CEO and a CFO.
Considering the recent orchestrated email spamming campaign and multiple posts on investor message boards against Globex, initiated by external competing organizations who recommended GLXI shareholders to sell their stock and buy another Company's stock, management affirms that it will take any steps necessary to protect shareholder value and has decided to inform all its shareholders of the following:
There are a total of 49,203,583 shares issued and outstanding. A sum of 15,000,000 shares has recently been issued to cover acquisition expenses, consulting fees and the compensation of key staff; all of which will be included in the disclosing statement. The Company neither has a current need nor does it intend to issue more stocks.
The Company has received a $150,000 loan as a payable note advanced by a controlling shareholder for the payment of consulting fees, site surveys, geologic analysis and other operating expenses. The note bears interest of prime + 3% and is payable when the Company obtains financing from financial institutions based on its proven reserves.
As disclosed previously, the Company has reoriented its bioethanol operations under a licensing agreement structure and has concentrated its development efforts in North America, subsequent to unsuccessful attempts to obtain permits in an ethical manner in Brazil.
Based on recent positive discoveries and acquisitions, the Company has initiated negotiations with financial institutions to fund its working capital requirements by leveraging its assets. The Company anticipates that it will secure this financing as soon as the external third party validation of its reserves is finalized.
Finally, management would like to take this opportunity to thank all shareholders for their support and assure everyone that it will take all the necessary steps to protect the Company and achieve our common goals, including maximizing shareholder value and attaining profitability.
Forward-Looking Statements
Posted by a surfer on :
interesting...
Posted by 10of13 on :
Has a little action today up over 20%
Posted by 10of13 on :
Bid trying to build...and buys coming in...
Posted by 10of13 on :
April 12, 2007 - 9:52 AM EDT
Globex, Inc. Announces Official Name Change to U Mining Resources Inc. and Filing for New CUSIP Number and Ticker Symbol Globex, Inc. (PINKSHEETS: GLXI) today announced that management has completed all the filings with the New York State and Governing authorities to change the Company's name to "U Mining Resources Inc."
The Company's attorney has also filed the required documentation for a new CUSIP number and ticker symbol. Management believes that the changes made, in particular the new corporate name, better reflect the Company's new strategic direction and avoid any conflicts or confusions with another mining Company called "Globex."
The U Mining team is fully focused on completing all necessary marketing and financial presentation tools that are consistent with the Company's new direction, and is intent on building a solid foundation that promotes growth under the new corporate banner.
For more information on U Mining Resources Inc, please visit the corporate website at www.umining.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: U Mining Resources Inc. Phone: (321) 251-6540
Posted by 10of13 on :
Wow...falling....072/.075
Posted by lostone on :
i'm buying
Posted by SherriT on :
I'm waiting for the bottom.
Posted by lostone on :
Sher, u think it's gonna drop even more?
Posted by SherriT on :
Not necessarily - I am surprised it dropped that far. In other conversations, we were thinking maybe a group dumping...in which case, I may not get the bottom bottom, but I want them to be finished before I buy more. This stock hasn't seen these levels in months, and now, all of a sudden, we dump 50% in one day? What do you think...?
(Edit: We are either correcting, or we could start swinging so folks dumping can get higher prices - STRICTLY MHO)
Posted by lostone on :
i think that .07 was the bottom.. at least for today.. lol.. could be a good flipper.. i just hope we climb back to the .10's tomorrow and next week.. friday is always scary tho..
Posted by lostone on :
sher, did you get a chance to pick up some?!?!? looks like heading up
Posted by SherriT on :
No...funds tied up unfortunately. I'm watching...if I would have gotten some in the 07s, I would have already sold too Posted by 10of13 on :
This sure doesn't want to bounce does it? and? no Sherrit...I didn't either...
Posted by lostone on :
looks like they're trying to move up.. on low volume too..
Posted by lostone on :
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![[Eek!]](eek.gif)
![[Frown]](frown.gif)
![[Big Grin]](biggrin.gif)
![[Razz]](tongue.gif)
THIS ONE COULD GO CRAZY!! JMO
![[Smile]](smile.gif)
![[Roll Eyes]](rolleyes.gif)
That's enough from the peanut gallery! LOL