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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

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

Post by skiesthelimiton Mar 25, 2021 10:16am
107 Views
Post# 32874638

Capstone mining

Capstone mining

Just made another streaming deal. For 290$ million dollars for 100% of their gold up to 285,000 ounces. Then drops to 67% of gold production till end of mine. 


That's almost a 1000$ an ounce. Can we get 185$ million for our gold?? Based on 185k ounces in the dfs. I don't see why not. How about some more for a silver stream.... possible to combine them. Well 80% of that till sibanye makes up their mind. 

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