Some great intercepts. No wonder GBE is excited about this...

Some great intercepts. No wonder GBE is excited about this project:

96m @ 2.2% TREO inc. 18m @ 4.1% TREO (from 32m; Zone AA)
76m @ 2.2% TREO inc. 24m @ 3.2% TREO (from 36m; Zone BB)
46m @ 18.3% CaF2 inc. 12m @ 21.8% CaF2 (from 64m; Zone BB)
110m @ 14.3% CaF2 (from 34m; Zone BB)

"Globe’s Managing Director, Mr. Mark Sumich, commented, "these first four priority holes for 2012 have met our expectations, and we are keen to begin infill and step-out drilling in these areas. Mount Muambe is now really beginning to shine as one of the best REE projects in Africa. The grades encountered so far and the very wide intercepts show the potential for a considerable resource which we plan to report in early 2013.""

And this from a company who is trading BELOW its cash position, and who no value is place on their MAIN project which the CHinese have bought into.

Buyback can start next Thursday! Maximum price they can pay is 23. Expect heavy buying initially.

A no brainer for short term profit, even if you don't see the long-term value (which I do).

Yaq