Generation Mining Ltd T.GENM

Environmental Permit

[IgnacioCashmere]

I am beginning to suspect that environmental assessment & permitting might be putting a lid on GENMF. The Pic River looks to be less than a mile from the mine site on maps. Nothing can be assumed until they have full approval. I'm not aware of any potential problem with leakage, seepage, or runoff, but I was expecting a gap up on the 80% ownership. We are guaranteed either $135 million or capturing a 60% increase in value of our share of a $12 billion gross profit mine. A potential road block due to environmental concerns is the only reason I can think of why we are not at $0.60-80 USD. Perhaps, it will take time to gestate the good news, but a 3 cent increase on spectacular news is less than inspiring.

[skiesthelimit]

I was somewhat disappointed in the 80% ownership reaction as well. But the uptrend is still in place. The cup and handle formation is still intact, once we break the 60c point I think it'll have a pretty decent run up. We just need some volume, a million shares traded would solidify this ( of course to the upside though...) next few days will be very telling where we are heading. 

[TrumpThis]

I agree that it was a shock that GENM didn't jump on the NR of 80% - as a huge accomplishment as they fulfil all their promises for us SH. I don't think anyone has to worry about the environment risks as top-notch engineering firms, and in particular Knight Piesold on the tailings dykes will ensure 100% compliance and safety. KP are world leaders and are working on Taranis' Thor

[skiesthelimit]

Keep seeing rbc on the sell side, And anon. not sure if they can trade and cross trade enough shares to keep the price where they want it to either gather as many shares as possible or to unload what they want. The volume is low enough to be able to do that. I think once there is some sort of large interest in genm from a buyer we will see a run. It's still a waiting game. Just remember the

[kkkrrr]

the 80% ownership is a non-issue because everybody knows about this ... it was priced in ...   the final feasibility + start of permitting will be much more important...    ...  this is a good stock to own!!!

[TrumpThis]

wrong is a GREAT stock to own. I've been adding.

[StockDoc60]

I'll second that !! This is a great management team ! So far ,they have laid out their plans and delivered ! I expect they will continue to do that in a timely process .This will lead to a slow gradual climb until the DFS is realesed. No need to panic! (BTW: Let's not forget,They have also bought significant shares in the high .40s. A strong vote of confidence !) Furthermore the main

[Mookster3]

The Stantec hydrology report recently posted on the company's website, shows that there is surface water flow divide that basically runs north-south and appears to be located right on top of the proposed open pit mining locations. Therefor some of the drainage from the pit area will flow eastward to the Pic River, located a couple of kilometers away. However, the tailings area will be west of