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Generation Mining Ltd GENMF


Primary Symbol: T.GENM

Generation Mining Limited is a Canada-based exploration and development stage company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Company also has a number of other exploration properties located in Canada. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Comment by My19sixyNineZon Jan 31, 2024 10:51pm
101 Views
Post# 35856316

RE:RE:RE:it was all a bad dream.

RE:RE:RE:it was all a bad dream.
IgnacioCashmere wrote: Run the numbers from the FS there's your answer. Marathon barely eeks out a profit at today's prices. The AISC is just slightly below payable metals revenue. This isn't a Go until prices improve.

It isn't a Go until they change to copper priority & adjust the cut-off grades to open-pit. It would instantly double the recoverable resource.....cheap stock keeps the articke author & past call center CEO, from doing such a common/basic thing

On-top of not having secured contracts with hard stop selling prices yrs ago while they were touting to shareholders palladium is not going beliw $2k....etc, etc.....blah blah

Said it over & over......then secure floor contracts,,,,,which what happened to saying in early 2023 Glencore would handle project finance

Lose the project confusion.....call it copper....increase the reserves without even drilling.....then,,,,,announce more copper drilling ---- put clarity on this peoject....not that "5 yr palladium".....that gives the image of only being a 5 yr project......due to never replaced choking when he talks...Kerry....as your IR

20 cents.....$400m needed....250m shares today

Insane to think this staus,  will be profitable outside of a big r/s
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