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Bullboard - Stock Discussion Forum Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Metals & Mining Industrial Metals & Minerals
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... see more

TSX:GENM - Post Discussion

Generation Mining Ltd > Comparable
View:
Post by skiesthelimit on Feb 16, 2022 5:27am

Comparable

https://impalacanada.com/investors/news/news-details/2019/North-American-Palladium-Receives-Final-Order/default.aspx
 

they were bought out for 1b $ at around 1600$ palladium. Very similar production numbers and operating costs. Mind you no debt at that point. But one can only imagine what we may be valued at when we are in full producation, and if the world doesn't fall to peices.

Comment by skiesthelimit on Feb 16, 2022 7:11am
Forgot to mention they had only a 7 year mine life left at the point of buyout.  But potential resource expansion. But as we all know Genm does as well. 
Comment by Ebankbank on Feb 16, 2022 8:02am
For sure, if you look back at the videos their geologist John Mcbride put out they have 2 or 3 other deposits beside this one. The one big one is loaded with copper by the sounds of it. Well as we move towards more RV's we will need more copper!!!!! 
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