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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 Jan 24, 2023 3:55pm
77 Views
Post# 35243235

RE:RE:Financing

RE:RE:Financing I think the capex change is going to be non trivial as they said. The environment isn'T as good as a year ago  but much better than a month or 2 ago, so that is positive, China is going to help copper and PD is dragging a bit, but presumably as car production increases and that will change assuming they slow down car prod if recessionary pressures. if the rate picture slows down or reverses, that's another boost, as is associated fall in usd. all else being equal, the real wild card is what the financing looks like for the capital structure, i dont see much downside to the commodities, and copper is great long term, but building a big mine is an expensive proposition, shares are cheaper than they should be i guess,
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