Globex Mining: Royalties, 272 Assets & No Debt | David Christie – replay

May 22, 2026

Globex Mining CEO on royalty generation, 272 assets, no debt & critical minerals

The ‘International Investment Forum’ (‘IIF’) provides information on investment trends and ideas, covering all aspects of various industries, from top executives and managers around the world. Join David Christie, President & COO of Globex Mining Enterprises Inc. (TSX: GMX / OTCQX: GLBXF), as he reveals how a disciplined project generator and royalty creator operates with no debt, ~$40M in cash and marketable securities, and an extremely tight 56.9M share structure – no rollback ever since 1987. Globex owns 272 mineral assets across tier‑1 jurisdictions. The business model: acquire properties on major structures like the Cadillac Break, upgrade them through exploration and intellectual input, then sell or option them while keeping a royalty coupon. With 107 royalties already in place and 11 active option agreements, Globex is banking future cash flow – they make $5‑6M annually from option and advanced royalty payments. David walks through three 100%‑owned projects: Cadillac Wood (Ironwood deposit: 120k oz indicated @14 g/t, plus 241k oz historic resource, 4,000m drill program planned), Rowan Merger (3.44 g/t gold over 39m near surface, IP survey completed, follow‑up drilling this fall), and Mont Lair (spectacular visible gold up to 3,310 g/t, summer mapping and sampling). On the royalty side: Kagara & New Alger on Rison’s O’Brien project (140,000m drilling ongoing, resource increased, 22% of ounces report to Globex royalties), Mount Sorcier iron ore (world‑class deposit, feasibility study due Q2 2026, PEA showed $1.6B pre‑tax NPV, potential $7‑10M annual royalty), and NorWest on Carte Resources’ Cadillac project (3% GMR, 2.35M oz gold growing, north contact zone drilling). Option agreements include Emperor Metals’ Dufay West (1.46M oz resource, 15,000m drilling, recent 0.5 g/t over 107m), Ramp project in Ontario ($4.7M cash + shares + $6M work commitment over 4 years, 3% GMR), and Bald Hill antimony (maiden resource expected 2026 targeting 100,000t antimony – critical mineral mostly produced in China). David also discusses their vision to become a pure royalty company with 3‑5 paying royalties by 2030.

Globex Mining, David Christie, royalty company, project generator, Cadillac Break, Ironwood deposit, Rowan Merger, Mont Lair gold, Mount Sorcier iron ore, Kagara royalty, New Alger royalty, NorWest royalty, Rison O’Brien, Carte Resources, Emperor Metals Dufay West, Ramp project, Bald Hill antimony, critical minerals antimony, gold exploration Quebec, Ontario mining, Nevada mining, Arizona mining, TSX GMX, OTCQX GLBXF, no debt mining, tight capital structure, mining royalties, IIF, International Investment Forum, drilling results, feasibility study, PEA.

 

https://globexmining.com/

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