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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 Mercuryfilling1on Jun 10, 2023 5:19pm
133 Views
Post# 35490200

RE:Stay calm

RE:Stay calm
It's possible shares were dumped due to someone kicking the bucket..."When a Canadian resident dies, they are treated as if they sold all of their capital assets immediately before death for a fair market value price."  It happens all the time.

KIMAUI wrote: That sell off could have been for any reason... other than the pd price dropping - which it won't for long. I agree- fear and jumping gun. 

If I was was ontario govt- I'd be doing everything to get this mine going and pumping provincial support here.  A good way to stick it to liberals while they're down. 

Rate hike doesn't help anyone, but with all the critical mineral hype this year, the liberals can't afford to have another failed promise... and we are front runners for them. Hold on people, and keep your shaky hands stiff. We'll get there. 


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