Uranium Play Sends Yet Another OTC Stock Higher

For those who have been watching the newswire closely, it seems like Uranium plays are making small and micro caps pop as of late. In fact, this article is actually the second Uranium mention today on All Penny Stocks alone. Shares of Globex Mining Enterprises Inc. (OTCQX:GLBXF) rallied today after the company announced that it has acquired a Uranium land package by staking 66 claims totaling 3,590 hectares (8,871 acres) in DesHerbiers Township, Quebec.

Globex Mining is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.

Traders were bullish on the news as shares popped up to $1.02/share (+8.26%) at the session high. This move is a strong continuation of the success this stock has had so far this month.