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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 marcroberton Mar 11, 2022 1:33pm
101 Views
Post# 34507267

RE:RE:RE:RE:financing

RE:RE:RE:RE:financingwar and potential global recession is a risk that didn't exist 2 months ago or 1 month ago and is certainly dragging things out now as bankers might now be injecting more delay to see how things evolve. when they are lending 300-600m, anything can have an impact on their risk model.

The spike in metals this week and oil are not really ideal when you're setting up large financing, it clouds the long term picture and stability, suggests boom bust market. Also how has the cost picture changed with supply chain issues for long lead time stuff, cost of steel, machinery production delays, construction cost increases and labor cost etc?  
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