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

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TSX:GENM - Post Discussion

Generation Mining Ltd > August 19th

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Post by Ebankbank on Aug 01, 2022 10:10am

August 19th

Well market is closed, enjoying the long weekend. Palladium is up, copper holding August 19 approval coming. We should continue to move back towards our previous highs.

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Comment by Rainyday on Aug 01, 2022 12:58pm

Once we get the August 19 approval (which we are expecting) and government approvals afterwards, there will be companies interested in buying GENM. To successfully acquire this company the price will have to be much higher than the previous highs. I think Barrick would be a likely suitor but there will be others as well.

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Comment by Ebankbank on Aug 01, 2022 2:03pm

Yes I agree, Barrick is right next door and they like copper. I still am looking forward to my new condo on the beach!!!!

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Comment by skiesthelimit on Aug 01, 2022 9:51pm

I still think it will be impala Canada that takes the bait. But I think it will be closer to the start of production, so that they have a clearer picture. condo on a beach sounds very nice. I'm aiming for an ultra early retirement in mid to northern Ontario. Lake front with some good fishing. Winter time will be in Central America. Costa Rica maybe. Man dreaming of a good pay day is ...more

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Comment by Rainyday on Aug 01, 2022 10:04pm

Yes - Impala is certainly a candidate as well. Companies that might acquire GENM will have to decide whether to make their move in 2025 when "they have a clearer picture" or perhaps in early 2023 when they have all the necessary approvals and the price would be lower but there would be more uncertainty. Or anytime between those dates. I have confidence that whenever it happens the major ...more

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Comment by skiesthelimit on Aug 01, 2022 10:47pm

Let's hope so. I've seen it before. 245k eq ounces of palladium at +~ bfs prices now. Would be 490 million eps. Give it a 1x pe, that's 2.45$ cad a share. Maybe we get lucky and get priced at 3x....... like other producers. Quick math 7.35........ per share. I love dreaming a reality but we have to see what happens by aug 19th. Fingers crossed and the ...more

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