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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

Comment by Sandblaster1980on Dec 22, 2021 12:37am
55 Views
Post# 34253246

RE:My opinion on electric vehicles and Palladium’s Future !!!

RE:My opinion on electric vehicles and Palladium’s Future !!!
Supertweety, my opinion of the situation is people will buy a electric to supplement their daily driving routines but they will have a gas/hybrid car for any travel that they would deem inconvenient with the current charging infrastructure (I.e roadtrips to places without a good charging network or to travel a great distance as fast as possible.) The major sticking point for EVS are the purchase price, which currently isn't aimed at the heart of the car market. Also in your statement you said 60% of Americans complied with vaccination , so would it not be safe to assume that at least 30% or more would comply with a EV mandate by 2035. I've stated before that I'm bullish on palladium within another 5 - 8 years (that doesn't mean that it will trade at $3000 again but anything above or around our DFS number for palladium is solid revenue for the company. Plus genm as stated that they will be mining the palladium first to get the best value because they obviously also see a potential price destruction the longer they wait. Don't get me wrong tweety I bullish but these are my opinions and obviously I can be completely wrong and you could be right but time will tell. Cheers
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